High Price Tags Pushing Addus Away from Hospice Acquisitions
Hospice News
MARCH 8, 2023
High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Addus began as a personal care provider in 1979.
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