Amedisys Reports Record First Quarter Revenue; EPS Increases 21.6% Over Prior Year Period

Business Wire, April 30, 2008

Company Updates 2008 Revenue and EPS Guidance

Amedisys to Host Conference Call Today At 10:00 A.M. ET

BATON ROUGE, La. -- Amedisys, Inc. (NASDAQ: AMED)("Amedisys" or "the Company"), one of America's leading home health nursing companies, today reported its financial results for the first quarter ended March 31, 2008. The Company posted record financial performance for the quarter with net service revenue and net income increasing 38.7% and 24.1%, respectively, over the first quarter of 2007. Following are highlights of the Company's first quarter performance:

Three-Month Periods Ended March 31, 2008 and 2007

* Net service revenue for the first quarter of 2008 increased 38.7% to $213.1 million compared to $153.6 million in 2007.

* Net income increased 24.1% to $16.5 million compared to $13.3 million in 2007.

* Diluted earnings per share increased 21.6% to $0.62 compared to $0.51 per diluted share in 2007. The weighted average number of diluted shares outstanding increased to approximately 26.6 million compared to 26.0 million in 2007.

* Earnings before interest, taxes, depreciation and amortization ("EBITDA") increased 37.0% to $32.3 million compared to $23.6 million in 2007.

"We are very pleased with our first quarter operations," stated Bill Borne, Chief Executive Officer of Amedisys. "In addition to an excellent quarter financially where we reported record revenue and strong EPS, we completed the acquisition of TLC, which we believe will be an outstanding investment for the company. With the integration of this milestone acquisition well underway, we will continue to focus on the execution of our long-term strategy of growing the business both internally and externally, and delivering high quality, cost-effective care to the patients entrusted to our service."

2008 Guidance

* Net service revenue is anticipated to be in the range of $1.05 billion to $1.10 billion, excluding the impact of any future acquisitions should they occur.

* Diluted earnings per share, excluding the effect of any future acquisitions, if they occur, are expected to be in the range of $2.70 to $2.80 (after adding back one-time expenses related to the acquisition of TLC Health Care Services, Inc., including certain integration costs) based on an estimated 26.9 million shares outstanding.

The Company urges caution in considering its current trends and the 2008 guidance disclosed in this press release. The home health and hospice industry is highly competitive, and trends and guidance are subject to numerous factors, risks, and influences, some of which are referenced in the cautionary language below and others that are described more fully in the Company's reports and registration statements filed with the Securities and Exchange Commission ("SEC") including its Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and subsequent Quarterly Reports on Form 10-Q, and current reports on Form 8-K which can be found on the SEC's internet website, http://www.sec.gov , and the Company's internet website, http://www.amedisys.com. The Company disclaims any obligations to update disclosed information on trends or targets other than in its periodic filings with the SEC.

AMEDISYS ANNOUNCES THE ESTABLISHMENT OF A CLINICAL DIVISION DEDICATED TO THE REDUCTION OF FALLS AND INJURIES IN THE CHRONIC POPULATION

Falls are the leading cause of injury deaths among adults over 65 years old, with injury death rates increasing with advanced age. The cost of fall injuries for adults over age 65 is rapidly rising in the United States, as evidenced by predicted costs in 2020 exceeding $43 billion annually, a drastic increase from $27 billion reported for 1994. Amedisys launched an innovative pilot program seeking to assess the clinical impact of advanced modalities on balance impairments. The program, "Balance for Life", was piloted in 33 sites throughout the country in 2007. Outcome data from 616 patients was assessed using the Tinetti Performance Oriented Mobility Assessment ("Tinetti Assessment"). This tool, a clinical assessment of gait and balance, has been demonstrated to be reliable and valid in assessing functional changes in fall risk.

In the pilot program, assessors administered the tool to patients upon admission and discharge from home health services. Patients were classified as high, moderate or low fall risk and the average age of the participants was 79.2 years with 66% male and 34% female.

Participants throughout the pilot program locations produced significant clinical outcomes.

* On average patients scored 8.5 points higher on their Tinetti Assessment score upon discharge from the Balanced for Life program. (A 5.0 point improvement has been determined as clinically significant for the Tinetti Assessment);

* 70% of patients reduced their fall risk functional category from high/moderate to moderate/low risk (fall risk is impacted by many factors including age and patient environment);

* 99.3% of patients placed in the Balance for Life Program demonstrated a reduction in fall risk upon discharge.