Over the last few months, Addus HomeCare Corporation (Nasdaq: ADUS) has had to deal with a challenging legislative environment and significant COVID-19 surges that have affected clients and caregivers alike. Still, the Frisco, Texas-based in-home care provider is maintaining its course, particularly when it comes… Read More »EVV Difficulties Creating M&A Opportunities for Addus HomeCare Corporation
Despite individual concerns and procedural roadblocks in some states, many home health and home care providers say their workers have been able to gain access to the available COVID-19 vaccines. As the U.S. neared a large-scale vaccine rollout, some in-home care operators feared their clinicians… Read More »In-Home Care Providers Concerned About Clients Turning Away Unvaccinated Caregivers
Addus HomeCare Corporation (Nasdaq: ADUS) announced Wednesday it has reached a definitive agreement to acquire an Ohio hospice provider for $192 million. Specifically, the deal is for Queen City Hospice and its affiliate, Miracle City Hospice. The $192 million represents $162.8 million of value, net… Read More »Addus HomeCare Corporation to Acquire Ohio Hospice Provider for $192M
The feeling around the recently expanded Addus HomeCare Corporation (Nasdaq: ADUS) headquarters in Frisco, Texas, is different from just three months ago. Speaking on its Q2 earnings call in August, Addus leadership said the company was in “rebounding mode,” but also not as affected by… Read More »Addus Reignites M&A Engine, Targets Home Health and Hospice Acquisitions
The COVID-19 crisis has raised a complicated question for home-based care executives as they plan for the year ahead: Is the cost of having a brick-and-mortar office location still worth it? Traditionally, home health and home care operators have maintained a corporate headquarters or local… Read More »In-Home Care Agencies May Look to Cut Costs by Scrapping Brick-and-Mortar Offices
Addus HomeCare Corporation (Nasdaq: ADUS) is rebounding from coronavirus-related disruption in its personal care and home health segments, company leadership noted Tuesday during a second-quarter earnings call. But the Frisco, Texas-based company also acknowledged there are still significant challenges on the horizon. “Addus had a… Read More »Addus COO: Recruiting Has Been ‘a Little Bit of a Struggle’ During COVID-19