Ohio-based Queen City Hospice, an Addus Homecare (NASDAQ: ADUS) company, recently opened a new location in its home state. The new location in Fayetteville, Ohio, adds a central office in a rural region of the hospice’s service area that will reduce staff travel time. Queen City Hospice provides end-of-life care in six counties across the […]
Addus HomeCare Corp. (NASDAQ: ADUS) has a number of deals in its mergers and acquisition pipeline, some expected to occur in the fourth quarter. The company is leaning its M&A activity towards personal care and home health, but hospice transactions may be in the cards as they work to build density in markets where they […]
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 […]
Addus HomeCare (NASDAQ: ADUS) has secured a $600 million revolving line of credit, with Capital One Financial Corp. (NYSE: COF) as the lead arranger and administrative agent. The company intends to apply the credit to pursue further acquisitions. Addus is on the hunt for acquisitions. While its 2021 acquisition strategy is heavily weighted toward home […]
Addus HomeCare Corporation (NASDAQ: ADUS) is on the hunt for acquisitions. While its 2021 acquisition strategy is heavily weighted toward home health and personal care, the company has its eyes out for hospice assets. This is evidenced by the recent acquisition of Armada Hospice of New Mexico and Armada Hospice of Santa Fe for $29 […]
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) plans to continue growing through acquisitions, devoting approximately $100 million to cover deals this year. The company’s current strategy is focused on co-locating its clinical hospice and home health operations in markets in which they already have a foothold with its personal care business. Addus launched as a personal care […]
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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