Quick Take
Amedisys (AMED) has announced the proposed acquisition of Asana Hospice for undisclosed amount.
Asana has developed a network of hospice care facilities with a capacity of approximately 540 patients.
With the deal for Asana, AMED is continuing to deploy resources to add to its hospice care network in the U.S., but the stock is pricey at its current level.
Target Company
Fort Worth, Texas-based Asana was founded to provide hospice and palliative care for patients at the end of their lives.
Management is headed by President and Chief Executive Officer David