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Addus Closes $350M Gentiva Personal Care Deal

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) has closed its $350 million acquisition of Gentiva’s personal care business. Gentiva’s personal care segment brings in annual revenues of close to $280.0 Notably, we will now be the largest provider of personal care services in the state of Texas,” Allison said. “We

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How Home Health, Personal Care Reimbursement Guiding Addus’ M&A Strategy

Hospice News

Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority. Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states.

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Addus Orients M&A Strategy Away From Hospice, Towards Home Health, Personal Care

Hospice News

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually. This was a 31.4%

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7 ‘Hidden Gem’ Hospice News Stories in 2024

Hospice News

Addus earlier this month closed a $350 million acquisition of Gentivas personal care business. Though Addus has focused on growing its personal care and home health services, hospice remains a pillar of its strategy. The company seeks to co-locate its three services in the markets it serves.

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How BrightStar Leveraged Data to Improve Quality and Build Scale

Hospice News

They company created a vice president of data strategy to lead its business intelligence efforts, and as of 2024 it had expanded that team to 12 people, up from three in 2021. For example, BrightStar used this system to conduct a 2021 study into their personal care business.

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How Hospice Valuations Are Shaping Up in 2024

Hospice News

A surge of deals in 2021 and 2022 led to record-high valuations in the space with multiples reaching in excess of 30x in some instances. That may not be at the peak of what we saw in the 2021 timeframe, but the right opportunities are still seeing significant value,” Palamara told Hospice News.

2024 278
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BrightSpring Refiles to Go Public, Zeros in on $1 Billion Goal

Hospice News

The company, which does not yet have a stock symbol, raised the bar from when it initially filed in October 2021 with a $100 million listing. Now the home and community-based health care services platform has set a $1 billion listing goal with plans to launch trading on the NASDAQ by the end of this year, according to a Bloomberg News report.

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