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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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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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New Day Secures $125M Investment Seed to Fuel Hospice, Home Health Growth

Hospice News

That capital access will support the company’s acquisition pipeline in home health, hospice and personal care. Hospice is a cornerstone of New Day’s strategic focus. To date, the company has integrated 11 acquisitions into its pipeline, four of which have involved hospice assets. Scott Herman.

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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 has pulled back on deals while the company awaits the close of its recent purchase of Gentiva’s personal care segment, set to complete in the fourth quarter, Allison indicated.

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Addus Taking a Cautious Approach to Hospice Deals

Hospice News

Valuations in the hospice space have led Addus Homecare (Nasdaq: ADUS) to take a more conservative approach to hospice transactions as it actively seeks home health and personal care deals. Hospice multiples reach record highs in 2020 and 2021, as much as 26x. Its personal care revenues reached $215.4

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New Employee Support Program Launches to Strengthen Hospice Retention

Hospice News

The Indiana Association for Home & Hospice Care (IAHHC) has unveiled a new employee support program designed to help with retention of much needed workforce resources in end-of-life care. The post New Employee Support Program Launches to Strengthen Hospice Retention appeared first on Hospice News.

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Adena Health, ASHN Form Hospice, Home Health JV

Hospice News

The Ohio-based health system Adena Health has unveiled a hospice and home health joint venture with Alternate Solutions Health Network (ASHN). The JV, branded as Adena Home Health and Hospice, will launch next month, providing care to seriously and terminally ill patients in south central and southern Ohio.

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