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Texas-headquartered Addus provides personalcare, home health and hospice services in 22 states. Addus acquisition strategy focuses on pairing its clinical services with its personalcare business across its existing markets. Prior to that, Posega held her current role at AccentCare from May 2020 through February 2023.
The company merged with Illinois-based Seasons Hospice & Palliative Care in 2020. AccentCare provides hospice, palliative and personalcare, along with home health, non-medical services, care management and high-acuity home care. Foundation since 2017, serving as its president from 2019 to 2021.
This is a projected 37% increase from 2017. All told, Addus provides hospice, home health and personalcare to an estimated 47,500 patients annually across 203 locations in 22 states. Demographic tailwinds make Tennesssee an attractive market for Addus. Census Bureau. Compared to Q2 2022, the company saw 9.7%
The last time we had this low-projected level of activity was in 2017, where just 19 hospice deals that year.” Transaction activity is slightly behind where we thought it would be for 2023, particularly the pace of lower middle market add-on activity.” You have to go back six years to get an idea of average annual activity.
Founded in 2017, the company launched a $458.8 The IPO occurred during a tumultuous era in health care, with providers across the continuum still reeling from the pandemic and worsened workforce pressures. Its services include home health, hospice, private duty services and personalcare.
Debbie Jonhston is a registered nurse who founded Viriginia-based Serenity First Hospice in 2021, inspired by the care her father recieved as he reached the end of his life. With the launch of Serenity First, Johnston transitioned from her career in home health and personalcare. And it’s really hard.
They found that between 2017 and 2030, they think the percentage of the population that’s 65 and up is going to triple in that 15-year period. In the United States in 2023, the truth of the matter is you don’t need very many individual risk factors to become homeless. They might need a couple hours a day of personalcare.
Lopez in 2023 was charged with agreeing to suppress and eliminate competition for home health and hospice nursing services between March 2016 and May 2019. He was vice president and administrator at a publicly traded home health, hospice and personalcare company.
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