Hospice News August 6, 2024
Strategic priorities for Texas-headquartered Addus HomeCare Corporation (NASDAQ: ADUS) continue to focus on personal care and home health and less on hospice as the company waits for the dust to settle following its Gentiva personal care acquisition.
Improvements in hospice valuation trends have not come far enough in recent years to make the market a focal point for Addus, according to Executive Vice President and CFO Brian Poff.
“There are hospice opportunities, [but] that tends to be the more expensive of the three segments we operate in from an acquisition perspective,” Poff said in Tuesday’s earnings call. “But if there are good opportunities that are a nice fit, those are things we would also look at.”
Addus offers personal care,...
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