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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 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. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies.

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Humana CEO Broussard to Step Down in 2024, Succeeded by Envision Healthcare Exec Jim Rechtin

Hospice News

Rechtin comes to Humana from Envision Healthcare where he is now president and CEO. All told, he has more than 22 years of experience with value-based health care and payment models, including Medicare Advantage, according to a Humana press release. Humana Inc. 8, 2024 and will take the helm following Broussard’s departure.

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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 New Day Healthcare Is Rethinking Home-Based Care Delivery

Hospice News

Many families make home-based care decisions around a dining room table. So it may be fitting that the founders of New Day Healthcare crafted a vision for their company around the table in CEO Scott Herman’s Texas home. New Day Healthcare CEO Scott Herman In the past you’ve discussed your “burn the ships” strategy.

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Palliative Care Provider Pure Healthcare Partners with CareSource on Enhanced Care Management Program

Hospice News

Ohio-based palliative care provider Pure Healthcare is collaborating with the nonprofit managed care organization CareSource to implement a new care management model designed to support chronically ill patients. We feel the innovation is really the marriage of that enhanced care management model.

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Frontpoint Health Acquires High Plains Senior Care Group

Hospice News

Frontpoint Health has completed its acquisition of the Texas-based home health and hospice company High Plains Senior Care Group (HPSC). The expanded scale will aid its efforts to build new partnerships with Medicare Advantage Plans and other value-based payers, a press release indicated. Financial terms were undisclosed.