Amedisys (AMED) 8-K This presentation may include forward-looking statements as defined

Amedisys, Inc.

www.amedisys.com

NASDAQ: AMED

August 2008

Exhibit 99.1

1

This presentation may include forward-looking statements as defined

by the Private Securities Litigation Reform Act of 1995.  These

forward-looking statements are based upon current expectations and

assumptions about our business that are subject to a variety of risks

and uncertainties.  Additional information regarding factors that could

cause actual results to differ materially from those discussed in any

forward-looking statements are described in reports and registration

statements we file with the SEC, including our annual report on Form

10-K and Quarterly Reports on 10-Q, copies of which are available

on the Amedisys internet website http://www.amedisys.com or by

contacting the Amedisys Investor Relations department at (800) 467-

2662.  We disclaim any obligation to update any forward-looking

statements in this presentation.

Forward Looking Statements

2

Home Nursing Market

•

Industry is highly fragmented

•

9,200

Medicare-certified nursing agencies

•

Most are single-site, small local or regional providers:

-

Independently-owned agencies

-

Visiting nurse associations

-

Facility and hospital-based agencies

•

Publicly-owned providers account for less than 7% of the

home nursing market

3

Industry Growth Drivers

•

Trend from inpatient to home-based care:

-

Patient preference

-

Payor

incentives

-

Technology advancements

•

Demographics –

aging population

-

8,000 Americans will become Medicare eligible each

day beginning in 2011 and by 2030, 57.8 million baby

boomers

will

be

eligible

for

Medicare

benefits

•

Increased prevalence of chronic and co-morbid conditions

1

According to the United States Census Bureau

1

4

Medicare Revenue Market Size

•

2006:

Medicare

spending for home

health reached $14

billion

and hospice

was

$9.2

billion,

giving a combined

total of $23.2 billion

•

2017:

Home Health

will contribute $36

billion

and hospice

$20 billion

of the

projected $56 billion

Source: CBO's

March 2008 Baseline: MEDICARE

MEDICARE Home Health and Hospice Revenue

5

Corporate Overview

•

Leading provider of home nursing services

•

504  locations throughout the United States

•

Services include skilled nursing and therapy

•

Home Health =94% revenue, Hospice = 6% revenue

•

94% of Home Health revenue is episodic based (both Medicare &

non-Medicare)

1)

For the six-month period ended June 30, 2008

2)

Both home health and hospice, inclusive of joint venture agencies, as of June 30, 2008

1

2

6

Our

Locations

1) As of June 30, 2008

National

home

nursing

provider

located

in

35

states.

Largest

provider

in

the Southern and Southeastern United States

-

458 home nursing

locations

-

46 hospice locations

1

7

Our Strategy

•

Focus on Medicare-eligible patients

•

Prioritize internal growth

•

Select, acquire and integrate quality home care agencies

•

Leverage cost-efficient operating platform

•

Develop and deploy specialized nursing programs

•

Expand care coordination platform

8

Internal Growth

-

Overall industry growth

-

Expanded and more effective sales force

-

Comprehensive range of clinical programs

-

Enhanced referral source education efforts

-

Focus on start-ups

•

Strong internal growth in episodic-based admissions

-

Approximately 13% for Q2 2008 and 10% for the first six

months of 2008

•

Internal revenue growth 28% for Q2 2008 and 27% for the

first six months of 2008

•

Internal growth driven by:

9

Acquisition Strategy

•

Acquisition rationale:

-

Industry leadership

-

Leverage our operating/business systems

-

Value accretion through synergies and agency profitability

enhancement

•

Acquisition criteria:

-

Defined pricing objectives

-

Targeted geographic profile

-

Compatible payor mix

-

Consistent clinical metrics

-

Expandable referral base

-

Opportunities for future internal growth

10

8

13

25

36

32

13

0

5

10

15

20

25

30

35

40

45

2003

2004

2005

2006

2007

2008

Projected

Completed

Start-Up Strategy

•

Start-ups typically generate $1.5

-

$2.0 million in run-rate

revenue by the end of their second year of operations

•

~ 18 months to recoup the $250,000

-

$350,000 investment

•

13 home health start-ups completed through June 30, 2008

*

Reported

numbers

are

for

home

health

start-ups

40

27

Yearly Start-Ups

11

Investments in Technology

•

Strategic advantages from technology

•

Standardized processes:

-

Automated review of assessment forms

-

Automatic scheduling

-

Web-based HR and payroll system

•

Centralized management of clinical oversight/utilization:

-

Real-time episode analysis

-

Daily/weekly review of quality indicators

-

Executive information system

•

Point of care roll-out completed

12

High Quality Health Care

•

Care Management

-

12 disease management programs

-

70 clinical tracks

•

Specialty Division

-

Balanced For Life first program in division

-

Targets higher acuity patients

-

Rolled out to 96 locations through June 2008; 150 total locations

targeted for roll out by year end 2008

13

Financial Highlights

•

Increasing revenue

•

Cash flow/low cap ex requirements

•

Consistent EPS growth

•

Strong balance sheet to fund future growth

-

$250 million active shelf registration

-

$138 million unused revolving credit facility through June

2008

14

EBITDA is defined as net income before provision for income taxes, net interest expense, and depreciation and amortization. EBITDA should not be considered as an alternative to,

or more meaningful than, income before income taxes, cash flow from operating activities, or other traditional indicators of operating performance. This calculation of EBITDA may

not be comparable to a similarly titled measure reported by other companies, since not all companies calculate this non-GAAP financial measure in the same manner.

($ millions, except per share data)

Summary Financial Results

2006

2007

2Q07

Net revenue

Period-over-period growth

Gross margin

Margin

Operating income

Margin

EBITDA

Margin

Fully-diluted EPS

Period-over-period growth

2Q08

Net Income

$541.1

41.8%

305.7

56.5%

65.7

12.1%

75.7

14.0%

38.3

$1.72

22.0%

$697.9

29.0%

368.9

52.9%

96.6

13.8%

109.8

15.7%

65.1

$2.48

44.2%

$169.5  

27.5%

89.7  

52.9%

24.0  

14.2%

26.3

15.5%

14.9

$0.57

35.7%

$312.7  

84.5%

163.9  

52.4%

38.8 

12.4%

44.3

14.2%

20.4

$0.76

33.3%

1) EBITDA would have been $47.0 million after adding back $2.7 million ($1.6 million, net of income taxes) in certain TLC

Health Care Services, Inc. integration costs.

2) EPS would

have

been

$0.82

after

adding

back

$0.06

per

diluted

share

for

certain

TLC

Health

Care

Services,

Inc

integration

costs in 2Q08.

1

2

15

Summary Performance Results

2006

2007

2Q07

Agencies at period end

Period-over-period growth

Completed Medicare Episodes

Period-over-period growth

Episodic-Based Admissions

Period-over-period growth

Revenue per Episode

Period-over-period growth

Total Visits

Period-over-period growth

2Q08

DSO

1)

Inclusive of home health and hospice locations

360

30.9%

4,302,830    

25.2%

129,649

19.9%

208,547

20.6%

$2,666

1.2%

51.3

275

3,437,881

108,140  

172,930

$2,634

52.9

313

1,049,008

31,376  

51,219

$2,671

46.8

504

61.0%

1,852,263    

76.6%

53,561

70.7%

87,055

70.0%

$2,852

6.8%

51.4

1

16

Summary Balance Sheet

($ in millions)

Dec. 31, 2007

June 30, 2008

Assets

Cash

Accounts Receivable, Net

Property, Plant and Equipment

Goodwill

Other

Total Assets

Liabilities

and

Stockholders’

Equity

Debt

All Other Liabilities

Stockholders’

Equity

Total

Liabilities

and

Stockholders’

Equity

$   1.7

161.9

78.5

697.5

82.9

$ 1,022.5

$379.2

147.3

496.0

$ 1,022.5

$   56.2

96.3

68.3

332.5

33.8

$  587.1

$24.0

116.1

447.0

$  587.1

17

Guidance

1)

Provided as of the date of our form 8-K filed with the Securities and Exchange Commission on July 17, 2008

Calendar Year 2008

Net revenue:

$1.100 -

$1.150 billion

EPS:

$3.00 -

$3.10

(after adding back certain expenses related to

the integration of TLC Health Care Services, Inc.)

Diluted shares:

26.9

million

1

18

Investment Highlights

•

Large, growing and fragmented industry

•

Focus on home nursing and related services to Medicare population

•

Strong internal growth and cash flow with low recurring cap ex

•

Proven operating model supported by sophisticated technology

system

•

Demonstrated ability to identify and integrate acquisitions

•

Substantial liquidity and balance sheet capacity to fund external

growth

•

Extensive delivery platform ideally positioned for Medicare disease

management initiatives and payor diversification

•

Experienced management team

19

Contact Information

Kevin B. LeBlanc

Director of Investor Relations

Amedisys, Inc.

5959 S. Sherwood Forest Boulevard

Baton Rouge, LA 70816

Office –

225.292.2031

Fax –

225.295.9653

kleblanc@amedisys.com