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Addus Bolstering Workforce, Building Density for Hospice, Home Health, Personal Care

Hospice News

As Addus HomeCare Corp (NASDAQ: ADUS) gears up for expansion, the company is focused on ensuring its workforce can absorb the growing capacity. . Texas-based Addus provides personal care to upwards of 42,000 patients across 22 states and roughly 210 locations. The company’s net service revenues rose 10.4.% in Q1 to $226.6

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Addus’ Growing Home Health, Hospice M&A Appetite

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) is anticipating slow-churning growth across its trifecta of home-based services. Texas-headquartered Addus provides personal care, home health and hospice services in 23 states. The company projected evolving hospice industry dynamics over the next year.

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Addus Acquires Apple Home Healthcare

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies.

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5 Most Game-Changing Hospice Deals from 2022

Hospice News

billion divestiture of a 60% stake in Kindred at Home’s hospice and personal care segments to the private equity firm Clayton, Dubilier & Rice. These include a focus on smaller target acquisitions as valuations remain high across health care sectors, including within hospice, home health and personal care, according to Broussard.

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Addus Sees Reciprocal Gains Across 3 Home-Based Care Services

Hospice News

Addus HomeCare (NASDAQ: ADUS) has gone all-in on building out its care continuum. Launched as a personal care provider, the company in 2016 began offering hospice and home health to enhance its value proposition for payers by further reducing hospitalizations and emergency department visits. “If

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Addus’ Hospice Business Thrives Despite Labor Pressure, Inflation

Hospice News

Addus plans to stay busy in the acquisitions market in the latter half of the year into early 2023, targeting primarily personal care and home health deals, according to CEO Dirk Allison. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies.

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High Price Tags Pushing Addus Away from Hospice Acquisitions

Hospice News

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Addus began as a personal care provider in 1979. About six years ago, it began to build its health care services segment, which includes home health and hospice.

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