Hospice of Hackensack sold to Amedisys

Hackensack University Medical Center has agreed to sell its hospice operation, which had 2010 revenue of $5 million, to Louisiana-based Amedisys, which acquired HUMC’s home-health care operation in 2009.
In a statement, Amedisys said it will buy Hospice of Hackensack, which operates one hospice agency and one eight-bed hospice inpatient unit, primarily serving Bergen and Hudson counties but licensed throughout New Jersey. The terms of the deal were not disclosed, and Amedisys said the transaction is subject to state regulatory approvals and is not expected to add materially to Amedisys’ earnings in 2011.
Dianne Aroh, HUMC executive vice president, chief nursing and patient care officer, said in a statement: “At HUMC, our focus is always on providing the most advanced, top-quality care possible to the people we serve, either directly or by partnering with providers who share our philosophy. We believe this vision is shared by Amedisys, and by completing this transaction and working together to streamline the transition of care to our patients, we will strengthen the end-of-life care being provided to our community.”
Amedisys CEO William F. Borne said in a statement: “We have worked closely with HUMC since acquiring their home-health operations in 2009 to provide patients a seamless transition of care from the hospital to home. We are eager to expand this relationship to hospice services.” He said the hospice acquisition “aligns nicely with our strategy of providing a continuum of at-home health care. We look forward to continuing to work together with HUMC to provide high-quality health care to the people of Hudson…