Four Publicly Traded Home Health Agencies See Increases on the Stock Market

Stoneridge Partners, an HCAF Associate member, is reporting that the S&P 500 closed out the month of March up 3.1% and the up 12% for the first quarter of the year, the best start to a year since 1998. Stoneridge reports that the four publicly traded home health agencies did even better. Bolstered by the strong market in general and perhaps a little clarity in future reimbursement, the Home Health Index gained 8.9% in March and is now up a whopping 44% for the first quarter.

After nine straight months of decline, the HH Index has now been to the plus side four straight months and now sits at 16.94. The high was set in September 2008 at 41.75.

March’s increase was again led by Almost Family, up 13.7% and 57% YTD. Amedisys came in a close second, up 12.5% in March.

March results:

  • Almost Family, up 13.7%
  • Amedisys, up 12.5%
  • Gentiva, up 11.5%
  • LHC Group, up 8.9%
  • Home Health Index, up 11.8%
  • S&P 500 up 3.1%

View a graph of the agencies’ progress on the market by clicking here to visit Stoneridge Partners’ website.

Note: HCAF publishes Associate members’ products and services announcements as a benefit of membership. Send your company’s announcements to Kyle Simon at ksimon@homecarefla.org.

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