Discover how Paul Kusserow transformed a teetering home healthcare company into a national leader.
Learn actionable strategies focused on people, performance, and purpose to revitalize your organization.
An extraordinary business turnaround delivers actionable strategies for driving profit and growth in organizations in healthcare and beyond.
When Paul Kusserow began consulting for Amedisys, the home healthcare company was on the brink of collapse. Its stock had fallen to less than $11 per share, and it had to borrow money to pay a massive government fine. Six months later, Kusserow became its CEO. Under his leadership, Amedisys dramatically improved operations, increased its market capitalization by over tenfold, and took its place among the country’s top home care and hospice businesses.
In this inspiring in-depth case study, Kusserow explains how he achieved this stunning turnaround. In the process, he provides invaluable insights and lessons that you can use to breathe new life into your organization. Unlocking unrealized human potential that already exists within your company has the highest return of any and all strategic investments. Kusserow reveals the two key principles he relied on to turbocharge Amedisys’s human capital. First, recommitting the company to its core mission of caring for its patients. This moral imperative provides clarity and improves real-time decision-making. Second, and of equal importance, applying a Golden Rule managerial model. Treating employees well and listening intently to their observations and advice empowers them to go the extra mile for customers and patients. These twin governing principles were essential to improving care quality and outcomes, retaining and attracting staff, and enhancing organizational performance and profitability. Under Kusserow’s leadership, Amedisys reimagined and redefined the home care industry. Its people powered its transformation.
Kusserow details the life and leadership lessons he’s acquired through a diverse and sometimes tumultuous career. They provide the foundation for his four-stage framework―turnaround, stability, growth, and transformation―which enabled Amedisys to become the nation’s leading and most innovative home care company. It’s a proven framework that applies to business turnarounds in any industry.
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Meet the Author
Paul Kusserow is Chairman and former CEO of Amedisys, a publicly traded company and leading provider of home health, hospice, palliative care, personal care, and high-acuity care services, with over 22,000 employees in 39 states and the District of Columbia, making over 12.3 million patient visits per year.
A healthcare veteran with 25 years of experience driving growth strategies, Kusserow served as Chairman of the Board of Amedisys prior to his return as CEO. From 2014 to early 2022, he was President and CEO of the company, which grew tenfold under his leadership. His hands-on involvement helped raise Amedisys in the ranks of home healthcare, moving from 3.2 stars to 4.6-star reviews. He is widely recognized as a thought leader and industry innovator.
Prior to joining Amedisys, Kusserow served in successive roles as President and Vice Chairman of Alignment Healthcare, Inc., an integrated clinical care company focused on providing care to the Medicare population; SVP and Chief Strategy, Innovations, and Corporate Development Officer of Humana, Inc., a Fortune 75 healthcare services and benefits company; and SVP of Strategy and Ventures at Tenet Healthcare, a Fortune 500 hospital and ambulatory surgery company.
He is on the boards of Oak Street Health (NYSE: OSH); PurFoods, a medical and nutritional food company; Matrix Medical Network, a Medicare risk-assessed company; Chairman of HealthPilot, a digitized Medicare enrollment company; and Scion, a hospital and LTACH company. He previously served on the boards of Connecture (Nasdaq: CNRX), New Century Health, Picwell, and Availity where he served as board chair. Kusserow started his career as a management consultant at McKinsey and Company.
He received his bachelor of arts from Wesleyan University, where he was a member of Phi Beta Kappa, an Olin Fellow, a Brown Scholar, and a Student Fellow at the Center for the Humanities. He received his master of arts from Oxford University, where he was a Rhodes Scholar.