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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 Sees Hospice Improvements, Plans to Rebalance Home Health-Personal Care M&A Activity

Hospice News

Meanwhile, the company’s near-term acquisition sights are set more on home health than in personal care amid potential payment shifts. Pandemic forces winding down in hospice Addus provides home health, personal care and hospice to about 47,500 patients across roughly 203 locations in 22 states. of the company’s $251.6

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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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Addus Bolstering Workforce, Building Density for Hospice, Home Health, Personal Care

Hospice News

Texas-based Addus provides personal care to upwards of 42,000 patients across 22 states and roughly 210 locations. Since 2019, Addus has purchased seven personal care companies and four home health and hospice companies. We’d like to continue to add clinical services in areas where we have strong personal care.

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The Employment Outlook for Hospice Aides

Hospice News

Rising wages, reimbursement pressures and immigration policies are fueling high turnover rates for hospice and personal care aides. It is rare to find individuals who perceive personal care as a career choice, or path. Similar trends are proliferating among hospitals and health systems that provide these services.

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New Day Healthcare Acquires Compassion Hospice

Hospice News

The company’s nearly 6,500 employees serve close to 100,000 patients annually across all of its business lines, including home health, hospice, pediatrics, clinical decision support and personal care. Compassion Hospice will not rebrand and will retain its current leadership.

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Addus Projects ‘Strong, Steady’ Hospice Growth Amid Lingering Pandemic Census Headwinds

Hospice News

The company anticipates growth in its personal care business in 2024, which will have a reverberating impact in its hospice and home health service lines. The company’s personal care services made up the bulk of its revenue at $204.49 Addus purchased Illinois-based hospice provider JourneyCare Inc. million.

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