Addus, Other Home Care Providers Form Lobbying Group

Addus HomeCare (Nasdaq: ADUS) and other national home care provider organizations have established a new coalition intended to advance the integrity and delivery of cost-effective, high-quality Medicaid home-based care. The Partnership for Medicaid Home-Based Care was created to address changing dynamics in the delivery of Medicaid home-based care, such as a dramatic increase in beneficiaries through the […]

Home Health M&A Activity Surges ‘Exponentially’

Home health agencies face a challenging Medicare reimbursement environment, but that has not slowed down merger and acquisition activity. Transactions in fact have increased significantly after a sluggish start to the year, and the high volume is expected to continue in 2016, industry professionals said during a recent webinar. “Several years ago, we predicted that home […]

Mobile Tech Drives Home Care Success in New Landscape, Addus CEO says

Mobile technology that enables more preventive in-home care will be among the most important factors driving the success of home health companies competing for managed care business, Addus HomeCare CEO Mark Heaney recently told analysts while announcing positive fourth quarter earnings. One of the nation’s largest home care companies, with a 21-state geographic footprint, Chicago-based […]

Addus HomeCare: Acquisitions Drive Revenue Growth

Home and community-based services provider Addus HomeCare Corporation (Nasdaq: ADUS) on July 31 reported an increase in revenue over the prior year for the quarter ended June 30, attributing part of its performance to the recent acquisition of Aid & Assist in Tennessee. Total net service revenues from continuing operations for the second quarter of 2014 […]