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Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple HomeHealthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, homehealth and hospice. The post Addus Acquires Apple HomeHealthcare appeared first on 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, homehealth and hospice services in 23 states. The company projected evolving hospice industry dynamics over the next year.
Aveanna Healthcare Holdings, Inc.’s s (NASDAQ: AVAH) hospice and homehealth segments saw small jumps in the third quarter, but these lagged behind the company’s growth targets. This “fell below” the company’s expectations, with its” biggest issues driven by homehealth and hospice” headwinds, according to CEO Tony Strange.
As Addus HomeCare Corporation (NASDAQ: ADUS) sinks teeth into acquisitions, the company will be taking smaller bites when it comes to hospice deals. Addus has indicated for roughly the last year that it will orient its M&A strategy towards its homehealth and personal care services, with hospice becoming less of a priority.
I started in home care back in 1992, but I’ve always found that when we can companion homehealth and hospice together, it’s really a win-win for the community, for the patients and for the referral sources.” Just six years later, she became owner and CEO of Liberty Healthcare Services.
Also, buyers renewed their interest in homehealth as the dust began to settle from the implementation of the Patient-Driven Groupings Model (PDGM) reimbursement system for those services. Now, many of those operators are regaining their appetites for homehealth.
Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its homehealth and personal care businesses. Texas-based Addus provides personal, homehealth and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.
The payer has deployed billions in capital towards high-profile acquisitions aimed at growing Optum’s capabilities, including the purchase of the health care tech firm Change Healthcare and the in-home medical group Landmark Health. Addus acquires the large nonprofit JourneyCare. million for the prior year’s period.
For the exhausted health care labor force — many of whom have left the industry — money talks. Aveanna Healthcare Holdings (NASDAQ: AVAH) recently conducted an analysis of workforce trends that suggested that higher compensation may be the most important consideration for prospective employees, particularly in light of rising inflation. “We’ve
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of homehealth, hospice care, senior housing, skilled nursing, and behavioral health.
As the demand for homehealthcare grows, so does the risk of workplace violence for homehealth nurses. . Bureau of Labor Statistics reports that homehealthcare is one of America’s fastest-growing industries, with a projected compound annual growth rate of 5% for 2014–2024, which equals approximately 760,400 new jobs.
The proposed Transition Board was selected collaboratively by the boards of NAHC and NHPCO and represents the full breadth of the patient-centered healthcare sector providing care in homes and communities nationwide, with wide-ranging expertise, demographic and geographic diversity, varied organizational tax statuses, and other criteria.
Comfort Home Care continuously researches advancements in in-home care and watches predicted trends. In this article, we share the most significant trends and predictions for the homehealthcare industry in 2024, as reported by HomeHealth Care News.
Hospice has emerged as a growth engine for publicly traded home-based care companies, several of which are on the hunt for acquisitions. Hospice has buoyed growth for several companies as they battle homehealth-related headwinds, including reimbursement pressures. Hospice is also fueling growth at Addus Homecare (Nasdaq: ADUS).
Nurses entering the workforce need a wider scope of hospice and palliative care education and awareness to help fill these knowledge gaps and prepare them for growing demand, according to Michelle White, director of home and transitional care and homecare providers at North Carolina-based Cone Health. “I’ve
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