Amedisys to draw on credit facility to fund Infinity HomeCare purchase

By Tali Rackner

Norfolk, Va., Nov. 3 – Amedisys, Inc. said it expects to use borrowings from its senior secured credit facility and cash on hand to fund its acquisition of Infinity HomeCare, LLC, according to a press release.

Under the terms of the agreement, Amedisys will acquire 100% of the ownership interests in Infinity for $63 million.

Based in Baton Rouge, La., Amedisys specializes in home health and hospice care. Infinity HomeCare is a healthcare company based in Sarasota, Fla.

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