Addus HomeCare’s Q3 Profits Up 43%, Announces New Acquisitions
Home and community-based services provider Addus HomeCare Corporation (NASDAQ:ADUS) reported a 43% increase in net income in the third quarter ended Sept. 30, 2013 driven by increased average census....
View ArticleAddus HomeCare Completes Acquisition of 15 New Mexico Office Locations
Addus Home Care (NASDAQ: ADUS) is ramping up its position in the home-based services market through the closing of an acquisition of substantially all of the assets of Coordinated Home Health Care,...
View ArticleLHC Group Names Former NFL Quarterback to Advisory Board, Eyes Home Health...
Post-acute care provider LHC Group has announced the appointment of former NFL quarterback Jake Delhomme to its Founder’s Advisory Board. The company has recently ramped up its presence in the home...
View ArticleAddus, Aetna Team Up to Study Smart Phone Benefits for Home Care Aides
Addus Home Care has teamed up with Aetna Better Health of Illinois, an Aetna Medicaid plan, to conduct a pilot study on the impact of providing smart phones to home care aides serving Illinois...
View ArticleAddus HomeCare Acquires Aid & Assist at Home
Addus HomeCare Corporation (NASDAQ: ADUS) announced Tuesday it has acquired Tennessee-based Cura Partners, LLC (D/B/A Aid & Assist at Home, LLC), a deal that is expected to add $12 million to $13...
View ArticleCigna Urges Court to Drop Home Care False Claims Suit
Cigna Corp. has urged an Illinois federal court to drop a ‘flawed’ home care false claims suit, which accuses Addus HomeCare Corp. (NASDAQ: ADUS) and a Cigna subsidiary of bilking the government of...
View ArticleAddus CEO on Why Chick-fil-A Matters to In-Home Care Providers
Hiring caregivers remains the No. 1 challenge for in-home care providers, industry executives say. It’s only getting tougher, too, as low-skilled workers outside the industry are being offered...
View ArticleAmedisys Stock Buyback Highlights Record Prices in Home Health M&A
Amedisys, Inc. (Nasdaq: AMED) doubled down on its own home health, hospice and personal care business Monday, deploying nearly all of its cash on hand to buy back $178 million worth of stock from...
View ArticleNew Mexico’s Medicaid Rate Hike Bodes Well For Addus, Other Home-Based Care...
New Mexico is increasing its reimbursement rates for providers that bill Medicaid in the state. Overall, providers are set to get an additional $409 million in reimbursement. The increases will start...
View ArticleAddus More Bullish On Looming 80-20 Rule, Ready To Ramp Up M&A In 2024
Addus HomeCare Corp. (Nasdaq: ADUS) leaders expressed noteworthy optimism in two areas Tuesday: the pending “80-20” rule and their M&A forecast for the near-term future. Those two items may be...
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