Home Health Care News May 7, 2024
Addus HomeCare Corp. (Nasdaq: ADUS) leaders still believe the Medicaid Access Rule missed the mark. But that doesn’t mean they won’t take advantage of it.
The company is regularly building out its personal care footprint, expanding it in some areas and bolstering it in others. If consolidation is a result of the Medicaid Access Rule’s 80-20 provision, Addus would be a likely beneficiary.
“There are other points worth making on the rule and its impact,” Addus CEO Dirk Allison said on the company’s first-quarter earnings call Tuesday. “We continue to believe the rule disproportionately impacts small providers and encourages scale, which will lead to further consolidation opportunities.”
Based in Frisco, Texas, Addus provides personal care, home health care and hospice...
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