Proposed Medicare Cuts Leave Home Health-Care Stocks Ill

Already hurt by federal budget cuts, home health-care companies got walloped Friday after the federal government proposed a significant cut to Medicare reimbursement rates over the next four years. Shares of Amedisys (AMED) fell 11% to $11.85. While Gentiva Health Services (GTIV) and LHC Group (LHCG) both fell more than 12%. And Almost Family (AFAM) [...]