Home Health Care News March 11, 2025
At Addus HomeCare Corporation (Nasdaq: ADUS), the impact of Medicaid redetermination resulted in a slowdown of new patients.
“We didn’t lose a lot of patients,” Addus CEO Dirk Allison said last week at the Cowen Health Care Conference. “What we really saw was a slowdown in new patients because of states like Illinois.”
Based in Frisco, Texas, Addus provides home care, home health and hospice services to over 62,000 consumers through 257 locations across 23 states.
While Allison describes Illinois as supportive of the services the company offers, he also pointed out that the state didn’t have enough excess workers to handle the redetermination process.
“What we found is that people that were normally going out and reviewing potential new...