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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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Our Hospice of South Central Indiana Unveils New Personal Care Program

Hospice News

Our Hospice of South Central Indiana has added a personal care program to its service offerings. The nonprofit hospice providers new personal care business will complement its hospice and palliative care services across its 22 county service area in its home state.

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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 Gentiva is a portfolio company of the private equity firm Clayton, Dubilier & Rice (CDR).

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Palliative Telehealth’s Quality of Life Improvement Equivalent to In-Person Care 

Hospice News

Researchers found that early palliative care via telehealth often improves quality of life for patients with advanced non–small cell lung cancer (NSCLC) at a level equivalent to in-person care, according to a study presented at the 2024 American Society of Clinical Oncology (ASCO) annual meeting.

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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 Bolstering Workforce, Building Density for Hospice, Home Health, Personal Care

Hospice News

Texas-based Addus provides personal care to upwards of 42,000 patients across 22 states and roughly 210 locations. Since 2019, Addus has purchased seven personal care companies and four home health and hospice companies. We’d like to continue to add clinical services in areas where we have strong personal care.

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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.