Hospice News
MAY 10, 2023
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.
Hospice News
NOVEMBER 1, 2022
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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Hospice News
MAY 2, 2023
Addus HomeCare Corporation’s (NASDAQ: ADUS) hospice segment is seeing slow but steady improvement as pandemic headwinds ease. Meanwhile, the company’s near-term acquisition sights are set more on home health than in personal care amid potential payment shifts. Its personal care services arm reached $190.03
Hospice News
JANUARY 11, 2023
Ohio-based Queen City Hospice, an Addus Homecare (NASDAQ: ADUS) company, recently opened a new location in its home state. Queen City Hospice provides end-of-life care in six counties across the Cincinnati area in the southwest part of the state. Demographics are driving up a need for serious illness and end-of-life care in Ohio.
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. Addus began as a personal care provider in 1979. About six years ago, it began to build its health care services segment, which includes home health and hospice.
Hospice News
JANUARY 19, 2024
The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home. The Pennant Group acquired five Medicare hospice provider numbers during the past six months, which accelerated growth for its home-based care segment. Addus HomeCare Based on 2023 earnings trends,Addus HomeCare Cop.
Hospice News
DECEMBER 21, 2023
The National Association for Home Care and Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) floated the possibility of a combination in March in light of their existing, highly collaborative working relationship. Of those, 922 of those members are providers, an NHPCO spokesperson told Hospice News.
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