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. Though hospice will still be an important part of the company’s […]
Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., for an undisclosed sum. Texas-based Addus has more than 200 locations across 22 states, including Illinois. The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. The company’s growth sights have […]
The HAP Foundation has officially begun operations. The foundation is an independent, nonprofit hospice and palliative care research and advocacy organization. The foundation aims to identify and address gaps in the health care continuum to help improve the quality of life for the seriously and terminally ill. It will serve as a hospice and palliative […]
Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. The most recent example is the 2020 implementation of the Patient-driven Groupings Model (PDGM). Uncertain about how this new payment system would impact their businesses, a number of strategic buyers […]
Hospice providers are nearly desperate to recruit nurses, but their labor woes do not end there. A shortage of non-clinical staff is an additional sore spot. Providers are anticipating demand for non-clinical staff to rise as they compete for resources in an increasingly fierce labor market. Providers have seen no lights at the end of […]
Addus HomeCare Corp. (NASDAQ: ADUS) is on the hunt for acquisitions. While its 2021 acquisition strategy is heavily weighted toward home health and personal care, the company still has its eyes out for hospice assets. Addus provides hospice, home health and personal care services to nearly 44,000 patients through 215 locations in 25 states. The […]
In a $29 million deal, Addus HomeCare Corporation (NASDAQ: ADUS), has signed a definitive agreement to purchase three affiliated entities: Armada Skilled Home Health of New Mexico, LLC, Armada Hospice of New Mexico, LLC and Armada Hospice of Santa Fe, LLC. The Addus acquisition strategy is focused on co-locating its clinical hospice and home health […]
Addus HomeCare Corporation (NASDAQ: ADUS) has more acquisitions in the works, some of which are expected to occur within the next few months. The company continues to pursue hospice and home health operations located in areas where they already established a presence with their personal care business. Addus launched as a personal care company, and […]
Addus HomeCare Corp. (NASDAQ: ADUS) is partnering with software company Homecare Homebase to develop an integrated electronic health record (EHR) solution that would manage patient documentation across the provider’s continuum of post-acute care. Addus provides hospice, home health, and personal care services to nearly 44,000 patients through 215 locations in 25 states. The new platform […]
Geographic location and the ability to co-locate new hospice operations with personal care or home health assets are key factors in how Addus HomeCare Corp. (NASDAQ: ADUS) makes merger and acquisition decisions. These considerations have become even more important as multiples in the hospice space continue to rise. Multiples in the hospice and home care […]
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