Jeffrey Rideout - Amedisys Director

AMED Stock  USD 90.78  0.18  0.20%   

Director

Dr. Jeffrey A. Rideout M.D., is Independent Director of the Company. Dr. Rideout is President and Chief Executive Officer of the Integrated Healthcare Association, a California statewide multistakeholder leadership group that promotes quality improvement, accountability and affordability of health care. He joined Integrated Healthcare Association in May of 2015. Dr. Rideout holds academic appointments with Stanford University and University of California Berkeley Haas School of Business, teaching on topics related to healthcare technology, services and investment. Previously, from June 2013 until June 2015, Dr. Rideout served as the Senior Medical Advisor for Covered California, the state based insurance exchange for California, and was responsible for quality and network management and all physician and hospital relations. Dr. Rideout has also served as a Senior Advisor to GE Healthcare Ventures, focusing on new business development related to Digital Health and Digital Therapeutics, including assessing and accelerating new early stage solutions and companies. From July 2009 until June 2013, Dr. Rideout was Senior Vice President, Chief Medical Officer for The TriZetto Group, leading strategy around development and delivery of a comprehensive suite of products and services that enable payers, providers and employers improve the cost and quality of care for consumers. Dr. Rideout also served as the global leader of the healthcare division for Cisco Systems Internet Business Solutions Group, and Ciscos Chief Medical Officer. While at Cisco, Dr. Rideout also served as a member of the American Health Information Community Chronic Care Workgroup for the US Department of Health and Human Services since 2016.
Age 56
Tenure 8 years
Professional MarksPh.D
Address 3854 American Way, Baton Rouge, LA, United States, 70816
Phone225 292 2031
Webhttps://www.amedisys.com
Rideout was at Cisco from April 2004 to August 2007. Prior to Cisco, Dr. Rideout was President and CEO of Blue Shield of California Foundation.

Jeffrey Rideout Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeffrey Rideout against Amedisys stock is an integral part of due diligence when investing in Amedisys. Jeffrey Rideout insider activity provides valuable insight into whether Amedisys is net buyers or sellers over its current business cycle. Note, Amedisys insiders must abide by specific rules, including filing SEC forms every time they buy or sell Amedisys'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Amedisys Management Efficiency

The company has return on total asset (ROA) of 0.0598 % which means that it generated a profit of $0.0598 on every $100 spent on assets. This is way below average. Amedisys' management efficiency ratios could be used to measure how well Amedisys manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.13, whereas Return On Tangible Assets are projected to grow to (0.01). At present, Amedisys' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 24 M, whereas Intangible Assets are forecasted to decline to about 64.1 M.
The company currently holds 487.21 M in liabilities with Debt to Equity (D/E) ratio of 0.53, which is about average as compared to similar companies. Amedisys has a current ratio of 1.04, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Amedisys until it has trouble settling it off, either with new capital or with free cash flow. So, Amedisys' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Amedisys sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amedisys to invest in growth at high rates of return. When we think about Amedisys' use of debt, we should always consider it together with cash and equity.

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Amedisys, Inc., together with its subsidiaries, provides healthcare services in the United States. Amedisys, Inc. was incorporated in 1982 and is headquartered in Baton Rouge, Louisiana. Amedisys operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 21000 people. Amedisys (AMED) is traded on NASDAQ Exchange in USA. It is located in 3854 American Way, Baton Rouge, LA, United States, 70816 and employs 19,000 people. Amedisys is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Amedisys Leadership Team

Elected by the shareholders, the Amedisys' board of directors comprises two types of representatives: Amedisys inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Amedisys. The board's role is to monitor Amedisys' management team and ensure that shareholders' interests are well served. Amedisys' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Amedisys' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Mccoy, COO
Christopher Gerard, COO
Michael North, Senior Vice President - Operations
Larry Pernosky, Chief Human Resource Officer
Janet Britt, VP Collections
Richard Ashworth, CEO President
Scott Ginn, Chief Accounting Officer
Jeffrey Rideout, Director
Nick Muscato, Vice President of Strategic Finance
David Kemmerly, Senior Vice President - Government Affairs
Lawrence Pernosky, Chief Human Resource Officer
Nathaniel Zilkha, Director
Adam Holton, Chief Officer
Bruce Perkins, Independent Director
Susan Sender, Chief Clinical Operations Officer
Stephen Seim, Chief Strategy Officer
John Nugent, Chief Officer
Pete Hartley, CTO Systems
Kendra Kimmons, VP Relations
Donald Washburn, Non-Executive Co-Chairman of the Board
Jeffrey Jeter, Chief Compliance Officer
Martin Howard, CIO
Jennifer Griffin, Deputy VP
Jane Carmody, Chief Clinical Operations Officer
Sharon Brunecz, Chief Human Resource Officer
Ronald LaBorde, Vice Chairman and CFO
Allyson Guidroz, Chief Officer
Linda Hall, Independent Director
Julie Klapstein, Director
Denise Bohnert, Chief Officer
Paul Kusserow, CEO and President and Director
David Pearce, Chief Compliance Officer
Jake Netterville, Independent Director
Dan McCoy, COO
Gary Willis, CFO
Richard Lechleiter, Director
David Castille, IR Contact Officer, Director, Treasury/Finance

Amedisys Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Amedisys a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amedisys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amedisys' short interest history, or implied volatility extrapolated from Amedisys options trading.

Pair Trading with Amedisys

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amedisys position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amedisys will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Amedisys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amedisys when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amedisys - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amedisys to buy it.
The correlation of Amedisys is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amedisys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amedisys moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amedisys can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amedisys is a strong investment it is important to analyze Amedisys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amedisys' future performance. For an informed investment choice regarding Amedisys Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Note that the Amedisys information on this page should be used as a complementary analysis to other Amedisys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Amedisys' price analysis, check to measure Amedisys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amedisys is operating at the current time. Most of Amedisys' value examination focuses on studying past and present price action to predict the probability of Amedisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amedisys' price. Additionally, you may evaluate how the addition of Amedisys to your portfolios can decrease your overall portfolio volatility.
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Is Amedisys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amedisys. If investors know Amedisys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amedisys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Earnings Share
(0.30)
Revenue Per Share
68.603
Quarterly Revenue Growth
0.016
Return On Assets
0.0598
The market value of Amedisys is measured differently than its book value, which is the value of Amedisys that is recorded on the company's balance sheet. Investors also form their own opinion of Amedisys' value that differs from its market value or its book value, called intrinsic value, which is Amedisys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amedisys' market value can be influenced by many factors that don't directly affect Amedisys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amedisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amedisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amedisys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.