Addus Projects ‘Strong, Steady’ Hospice Growth Amid Lingering Pandemic Census Headwinds
Hospice News
FEBRUARY 27, 2024
Addus purchased Illinois-based hospice provider JourneyCare Inc. for $85 million in October 2022 and picked up Chicago-based Apple Home Health Ltd. jump compared to the same period in 2022. Though same-store hospice average daily census (ADC) volumes rose sequentially by 2.7%, ADC rates fell year-over-year by 1%.
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