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

Hospice News

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 home health and personal care services, with hospice becoming less of a priority.

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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.

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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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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