Hospice News May 4, 2021
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 those services still represent about 80% of Addus’ business. Shortly after CEO Dirk Allison came on board in 2016, the company began building up its clinical services, including hospice and home health. The national company has locations for all three business lines in the New Mexico and Ohio markets, with plans to grow that number in the coming years.
“With our strong liquidity position, we...
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