Amedisys (AMED) Taps Kindred Healthcare's Gerard as COO
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Amedisys, Inc. (Nasdaq: AMED) announced that industry leader Christopher Gerard will join the Company as Chief Operating Officer (COO) on January 3, 2017. Daniel McCoy will remain in this role until January 3, 2017.
Gerard brings more than 20 years of home health and hospice experience to the Company. In his new role, Gerard will be responsible for the Amedisys’ home health, hospice and personal care operations.
“Chris has built an impressive track record of strategic, operational and financial accomplishments over the past two decades,” said Amedisys President and Chief Executive Officer Paul Kusserow. “He has proven to be a successful and trusted leader, and his wealth of healthcare industry experience will be a valuable asset as we continue to accelerate growth. I am very pleased to have him join our executive team.”
Gerard was co-founder, President and Chief Executive Officer of IntegraCare Home Health, where he took a single home health start-up location and grew it into 54 branches, generating $71 million in annual revenues. He successfully sold the company to Kindred Healthcare (KND) in 2012.
He served as Vice President of South Central Region for the Kindred at Home division, currently a $2.5 billion home health, hospice and community care services business with approximately 700 locations and 42,000 employees nationwide. In this role, he facilitated the integration of IntegraCare; successfully negotiated, closed and integrated four other acquisitions; and oversaw 58 home health and hospice locations with annual revenues of $80 million and a staff of 1,100, including Division Vice President of Finance, Division Vice President of Operations, and Division Vice President of Sales.
Gerard was then promoted to Chief Operating Officer at Kindred at Home, where he was responsible for integrating a $140 million home health company; standardizing processes across a division involving 187 locations, staff of 3,300 and revenue of $360 million. In this role, he improved gross margin profit and EBITDA year over year; reduced operating expenses; and boosted productivity of sales team.
Most recently, Gerard served as President for the South Central Region of Kindred at Home. In this role, Gerard was responsible for the day-to-day operations, including the integration of the Gentiva Home Health acquisition within his region, the oversight of clinical excellence, financial performance and operational efficiencies for 153 home health and hospice locations in six states with annual revenue in excess of $400 million.
Gerard received his Bachelor degree in Finance from Texas Tech University.
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