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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 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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New Leadership at Interim HealthCare; Former Amedisys CEO to Lead TheKey

Hospice News

Paul Mastrapa, former CEO of Help at Home, will succeed her. The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S.

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Charter Healthcare Shakes Up Executive Team with New CEO, COO

Hospice News

Charter, a portfolio company of Pharos Capital Group, provides hospice, home health, complex care management and palliative care services to nearly 13,000 patients in eight states. “We We welcome Cheryl and Anna-Gene and look forward to their contributions in this vitally important area of comprehensive care solutions.”

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Addus Acquires Apple Home Healthcare

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. Addus in 2021 opened a $600 million revolving line of credit with Capital One Financial Corp.

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Hospice M&A Takes Downturn in Early 2023, May Rebound in Second Half of the Year

Hospice News

One contributing factor is that — following a glut of activity in 2021 and 2022 — fewer quality hospices are left on the market, the Mertz Taggart report indicated. “To In 2022, roughly 60 home care, home health and hospice private equity deals took place across the United States and Canada. NYSE: HUM) for $2.8

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Home Care Entrepreneur Builds Serenity First Hospice, Seeks to Educate Patients on End-of-Life Options

Hospice News

Debbie Jonhston is a registered nurse who founded Viriginia-based Serenity First Hospice in 2021, inspired by the care her father recieved as he reached the end of his life. With the launch of Serenity First, Johnston transitioned from her career in home health and personal care.

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