0000950134-01-506427.txt : 20011008 0000950134-01-506427.hdr.sgml : 20011008 ACCESSION NUMBER: 0000950134-01-506427 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010917 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMEDISYS INC CENTRAL INDEX KEY: 0000896262 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOME HEALTH CARE SERVICES [8082] IRS NUMBER: 113131700 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24260 FILM NUMBER: 1739779 BUSINESS ADDRESS: STREET 1: 11100 MEAD ROAD STE 300 CITY: BATON ROUGE STATE: LA ZIP: 70816 BUSINESS PHONE: 2252922031 MAIL ADDRESS: STREET 1: 11100 MEAD ROAD STE 300 CITY: BATON ROUGE STATE: LA ZIP: 70816 FORMER COMPANY: FORMER CONFORMED NAME: ANALYTICAL NURSING MANAGEMENT CORP DATE OF NAME CHANGE: 19940819 FORMER COMPANY: FORMER CONFORMED NAME: M&N CAPITAL CORP DATE OF NAME CHANGE: 19930125 8-K 1 d90738e8-k.txt FORM 8-K 1 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K -------------------------------------------------------------------------------- CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): September 17, 2001 AMEDISYS, INC. -------------- (Exact Name of Registrant as Specified in Charter) Delaware -------- (State or Other Jurisdiction of Incorporation or Organization) 0-24260 11-3131700 -------- ---------- (Commission File Number) (I.R.S. Employer Identification No.) 11100 Mead Road, Suite 300, Baton Rouge, LA 70816 ------------------------------------------------- (Address of principal executive offices including zip code) (225) 292-2031 -------------- (Registrant's telephone number, including area code) 2 ITEM 5. OTHER EVENTS On September 17, 2001, Amedisys, Inc., "the Company", issued a press release attached hereto as Exhibit 99.1 to announce that it has sold its last remaining outpatient surgery center, Hammond Surgical Care Center, L.C., d/b/a St. Luke's SurgiCenter, to Surgery Center of Hammond, L.L.C., an affiliate of Universal Health Services, Inc. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial Statements of Business Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibit No. Page 99.1 (i)Press Release dated September 17, 2001 announcing sale of Hammond Surgical Care Center, L.C., d/b/a St. Luke's SurgiCenter............ A-1 (i) Filed herewith. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMEDISYS, INC. By: /s/ John M. Joffrion ----------------------------------------- John M. Joffrion Senior Vice President of Finance Principal Accounting and Financial Officer DATE: September 18, 2001 EX-99.1 3 d90738ex99-1.txt PRESS RELEASE DATED SEPTEMBER 17, 2001 1 EXHIBIT 99.1 AMEDISYS SELLS OUTPATIENT SURGERY CENTER DIVESTITURE STRATEGY FOR NON-CORE ASSETS NOW COMPLETE BATON ROUGE, Louisiana (September 17, 2001) - Amedisys, Inc. (OTC BB: "AMED"), one of America's leading home health nursing companies, today announced that it has sold its 56% interest in Hammond Surgical Care Center, L.C., d/b/a St. Luke's SurgiCenter ("St. Luke's"), to Surgery Center of Hammond, L.L.C., an affiliate of Universal Health Services, Inc., for approximately $1 million. Net cash proceeds from the sale will be used to reduce the amount of debt outstanding to NPF Capital, Inc., which was issued in the December 2000 refinancing of the Columbia/HCA debt. This divestiture represents the final step in Amedisys' strategy to divest itself of all assets unrelated to its core home health nursing business. "We are pleased to announce the sale of our final surgery center," stated William F. Borne, Chief Executive Officer of Amedisys, Inc. "Since the passage of the Balanced Budget Act of 1997, we have converted non-core assets into cash of approximately $38 million which we invested to grow our home health nursing services. All of our resources are now solely devoted to home health care nursing, and we expect to participate fully in the anticipated growth of the home nursing industry in coming years. Our strategic expansion plan anticipates both internal and external growth initiatives." Amedisys, Inc., a leading multi-regional provider of home health nursing services, is headquartered in Baton Rouge, Louisiana. Its common stock trades on the OTC Bulletin Board under the symbol "AMED". This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, changes in government reimbursement procedures, dependence upon third-party vendors, and other risks discussed in the Company's periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Additional information on this Company can be found on the World Wide Web http://www.amedisys.com For further information, please contact: John Joffrion, Senior Vice President at (225) 292-2031 or RJ Falkner & Company, Inc., Investor Relations Counsel at (800) 377-9893 or via e-mail at info@rjfalkner.com