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Odyssey HealthCare to Present at Bank of America Merrill Lynch Health Care Conference

^{Published on 2010-05-06 19:42:41 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--Odyssey HealthCare, Inc. (NASDAQ: ODSY) today announced that it will deliver a presentation at the Bank of America Merrill Lynch Health Care Conference on Wednesday, May 12, 2010, at 8:00 a.m. Eastern Time at The Grand Hyatt in New York City.

To access a live broadcast of Odysseya™s presentation, listeners should go to the Investor Relations section of the Companya™s website, [ www.odsyhealth.com ]. For those unable to hear the live broadcast, a 14-day replay will be available after the presentation until May 26, 2010.

Based in Dallas, Texas, Odyssey is one of the largest providers of hospice care in the country in terms of both average daily patient census and number of locations. Odyssey seeks to improve the quality of life of terminally ill patients and their families by providing care directed at managing pain and other discomforting symptoms and by addressing the psychosocial and spiritual needs of patients and their families.

Certain statements that will be contained in the presentation are forward-looking statements within the meaning of the federal securities laws.Such forward-looking statements are based on managementa™s current expectations and are subject to known and unknown risks, uncertainties and assumptions which may cause the forward-looking events and circumstances discussed in the presentation to differ materially from those anticipated or implied by the forward-looking statements. Additional risks, uncertainties and assumptions include, but are not limited to, general market conditions; adverse changes in reimbursement levels under Medicare and Medicaid programs; government and private party legal proceedings and investigations; adverse changes in the Medicare payment cap limits and increases in the Companya™s estimated Medicare cap contractual adjustment; declines in patient census growth; increases in inflation including inflationary increases in patient care costs; the Companya™s ability to effectively implement the Companya™s 2010 operations and development strategies; the Companya™s dependence on patient referral sources and potential adverse changes in patient referral practices of those referral sources; the Companya™s ability to successfully integrate and operate acquired hospice programs; the ability to attract and retain healthcare professionals; increases in the Companya™s bad debt expense due to various factors including an increase in the volume of pre-payment reviews by the Companya™s Medicare fiscal intermediaries; adverse changes in the state and federal licensure and certification laws and regulations; adverse results of regulatory surveys; delays in licensure and/or certification; cost of complying with the terms and conditions of the Companya™s corporate integrity agreement; adverse changes in the competitive environment in which the Company operates; changes in state or federal income, franchise or similar tax laws and regulations; adverse impact of natural disasters; changes in the Companya™s estimate of additional stock-based compensation costs and the disclosures contained under the headings aGovernment Regulation and Payment Structurea in aItem 1. Businessa and aItem 1A. Risk Factorsa of Odysseya™s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2010, and in its other filings with the Securities and Exchange Commission.Many of these factors are beyond the ability of the Company to control or predict.Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements, which reflect managementa™s views only as of the date hereof.The Company undertakes no obligation to revise or update any of the forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained in the presentation to reflect any change in the Companya™s expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements.