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Addus Taking a Cautious Approach to Hospice Deals

Hospice News

Valuations in the hospice space have led Addus Homecare (Nasdaq: ADUS) to take a more conservative approach to hospice transactions as it actively seeks home health and personal care deals. Hospice multiples reach record highs in 2020 and 2021, as much as 26x.

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Addus Taking ‘Conservative’ Approach to Hospice, Home Health M&A

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) may slow down on mergers and acquisitions in the near term as it absorbs Gentiva’s personal care business. Addus has pulled back on deals while the company awaits the close of its recent purchase of Gentiva’s personal care segment, set to complete in the fourth quarter, Allison indicated.

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Aveanna CEO: Higher Wages Key to Bringing Clinicians Back

Hospice News

For its hospice and home segment specifically, the company has integrated the Homecare Homebase electronic health record system, designed to streamline documentation processes, which in turn can support improved regulatory compliance. . “We We do believe that Homecare Homebase will help us drive efficiencies as we go.

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How Home Health, Personal Care Reimbursement Guiding Addus’ M&A Strategy

Hospice News

As Addus HomeCare Corporation (NASDAQ: ADUS) sinks teeth into acquisitions, the company will be taking smaller bites when it comes to hospice deals. 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.

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Aveanna’s Home Health, Hospice Business Takes Punches During First Year as Publicly Traded Company

Hospice News

This “fell below” the company’s expectations, with its” biggest issues driven by home health and hospice” headwinds, according to CEO Tony Strange. The company anticipates a rebound in home health and hospice results for the fourth quarter and in Q1 2023, Aveanna executives stated.

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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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The State of the Hospice Nursing Workforce 

Hospice News

Nurses entering the workforce need a wider scope of hospice and palliative care education and awareness to help fill these knowledge gaps and prepare them for growing demand, according to Michelle White, director of home and transitional care and homecare providers at North Carolina-based Cone Health. “I’ve