Take a baby boom, add six decades, and what have you got? A booming market for home healthcare companies, which provide a low-cost, long-term alternative to hospitals at a time when medical costs are rising.

As if to illustrate the point, Amedisys surprised Wall Street Wednesday with better-than-expected earnings and an increase in its guidance for the rest of the year. The company, which bought rival TLC Healthcare Services in late March for $395.0 million, said it was looking forward to growing on its own and through further acquisitions. Read more

• Digg this Blog
• Share on Facebook
• WatchMojo on Twitter
• WatchMojo on YouTube
• Add to Favorites
• WatchMojo Newsletter