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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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Organic Growth Top of Mind for Hospice Providers in 2025

Hospice News

Among 112 hospice professionals who responded to the 2024 Outlook Survey by Hospice News and Homecare Homebase, 60% said that expanding current locations would be the growth tactic they plan to use the most during 2025. Hospices in 2025 are laser-focused on organic growth rather than other tactics like acquisitions.

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Addus Taking ‘Conservative’ Approach to Hospice, Home Health M&A

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) may slow down on mergers and acquisitions in the near term as it absorbs Gentiva’s personal care business. Addus provides personal care, home health and hospice to more than 48,500 patients across 22 states. Its personal care revenues reached $215.4

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Addus to Acquire Gentiva’s Personal Care Business in $350M Deal

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Gentiva’s personal care business for about $350 million. Gentiva’s personal care segment brings in annual revenues of close to $280.0 The sale to Addus expected to close following customary regulatory approvals. “A

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Addus HomeCare to Accelerate Acquisition Activity

Hospice News

Though the acquisition market has slowed down this year for home-based care companies, Addus HomeCare Corp. The most prominent home-based care transactions so far this year have involved payers seeking to acquire large providers with multiple business lines. NASDAQ: ADUS) remains on the hunt.

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Addus HomeCare Expects 2024 Acquisitions

Hospice News

Addus HomeCare Corp. The company is seeking to pair its clinical services with its personal business in its existing markets. The personal care, hospice and home health provider is no stranger to acquisitions. The post Addus HomeCare Expects 2024 Acquisitions appeared first on Hospice News.

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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