Addus HomeCare

Transactions: Aveanna to Acquire Comfort Care in $345M Deal; Henry Ford Health System Partners with Contessa

Aveanna Healthcare (Nasdaq: AVAH) has agreed to acquire Comfort Care Home Health for $345 million, according to financial filings. The Atlanta-based Aveanna went public through a $100 million IPO earlier this year. While it filed an 8-K on Oct. 1 for the deal, a press release has not yet been issued. Sign up for HHCN …

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‘There’s a Lot of Unmet Need’: Addressing Long HCBS Waitlists

Home- and community-based services (HCBS) are a way to fill gaps in care for seniors with complex medical conditions, with Medicaid being the main source of coverage for long-term services and supports (LTSS). As of 2020, over 2.5 million individuals received HCBS services, according to the Kaiser Family Foundation (KFF). Still, there are hundreds of …

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Higher-Acuity Care, Rate Stability and New M&A Priorities: Key Takeaways from the Q2 Earnings Season

The home health industry is at a pivotal moment, with operators weighing exciting new opportunities while simultaneously working through emerging challenges related to the COVID-19 virus. Amedisys Inc. (Nasdaq: AMED), LHC Group Inc. (Nasdaq: LHCG), Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and other publicly traded providers discussed many of the industry’s biggest developments during their …

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Addus Focused on Sourcing New Home Health Acquisitions, Improving Applicant-Conversion Rates

The COVID-19 public health emergency has solidified the home as a viable and effective care setting. That, in turn, has led to meaningful opportunities for home-based care providers, especially those with diversified service lines. Addus HomeCare Corporation (Nasdaq: ADUS) is a prime example. The company’s leadership team discussed the pandemic and its lasting impacts during …

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Disrupt Podcast #45: Darby Anderson of Addus HomeCare Corporation

The 45th episode of our podcast, Disrupt, is now available! Addus HomeCare Corporation (Nasdaq: ADUS) is one of the largest personal care services providers in the U.S., with growing footprints in both the hospice and home health spaces as well. Today, the home-based care provider delivers its services to about 44,000 consumers through 208 locations …

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Addus Encouraged by Vaccine Progress, New HCBS Policies

Typically, when executives talk about their companies “having to weather the storm,” they’re speaking figuratively. That wasn’t the case for Addus HomeCare Corporation (Nasdaq: ADUS) on Tuesday. Addus CEO and Chairman Dirk Allison talked about the negative impact that the February winter storms had on the home-based care provider’s business during the company’s Q1 2021 …

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Addus, Homecare Homebase Co-Building New Tech Platform for a ‘Unified Patient Record’

Two in-home care powerhouses — a provider and technology company — are teaming up to build a new kind of data platform. On Thursday, Addus HomeCare Corporation (Nasdaq: ADUS) announced that it has entered into a joint software-development agreement with Homecare Homebase (HCHB) to build “the industry’s first integrated, enterprise-level solution for all types of …

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Addus Promotes Bickham to President; WelbeHealth Names New CMO

Addus COO lands promotion Addus HomeCare Corporation (Nasdaq: ADUS) has promoted Brad Bickham to the role of president and chief operating officer. Frisco, Texas-based Addus provides personal care, home health and hospice services to about 44,000 consumers, through 212 locations in 22 states. Bickham’s promotion was internal. He first joined Addus in 2017, previously serving …

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Addus Enters Value-Based Care Deal with Presbyterian Health Plan

Addus HomeCare Corporation (Nasdaq: ADUS) — the personal care services powerhouse that has increasingly turned its attention to home health and hospice care over the past few years — has inked a new value-based care deal. The Frisco, Texas-based in-home care company announced Wednesday that it has entered into a “value-based post-acute care navigation agreement” …

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AccentCare Announces New COO; Humana Names First Chief Health Equity Officer

AccentCare appoints Chris Dimos as COO AccentCare has named Chris Dimos its chief operating officer. Dallas-based AccentCare has over 200 locations across the U.S. As a company, it provides skilled home health and personal care services, along with hospice care, private-duty nursing and care management services. Prior to joining AccentCare, Dimos was the president of …

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