Articles from Addus HomeCare Corporation

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the 45th Annual TD Cowen Health Care Conference from March 3-5 in Boston, MA.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2024.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the fourth quarter and year-ended December 31, 2024, on Monday, February 24, 2025, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced it has completed the acquisition of the personal care operations of Gentiva, which serve over 16,000 consumers per day in a seven-state service area of Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus funded the acquisition through a combination of cash on hand representing a portion of the proceeds of the Company’s recent public offering of common stock and its existing revolving credit facility.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Stephens Annual Investment Conference, which takes place November 19 - 21 in Nashville, Tennessee.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2024.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the third quarter ended September 30, 2024, on Monday, November 4, 2024, after the market close.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2024.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the second quarter ended June 30, 2024, on Monday, August 5, 2024, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS) (“Addus” or the “Company”), a provider of home care services, today announced the closing of an underwritten public offering of 1,725,000 shares of its common stock (“Common Stock”), including 225,000 shares of Common Stock sold pursuant to the exercise in full by the underwriters of their option to purchase additional shares, at a public offering price of $108.00 per share. The net proceeds to the Company from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $176 million. Addus intends to use approximately $81.4 million of the net proceeds it received from this offering for the repayment of all indebtedness outstanding under its credit facility and the remainder for general corporate purposes, including the Company’s previously announced acquisition of the personal care assets of Gentiva and any future acquisitions or investments. There were no selling stockholders in the offering.

Addus HomeCare Corporation (Nasdaq: ADUS) (“Addus” or the “Company”), a provider of home care services, today announced the pricing of an underwritten public offering of 1,500,000 shares of common stock (“Common Stock”) at the public offering price of $108.00 per share. Addus has granted the underwriters a 30-day option to purchase up to 225,000 additional shares of Common Stock on the same terms and conditions. The gross proceeds to the Company from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be $162 million, excluding any proceeds from the exercise of the underwriters’ option to purchase additional shares from the Company. Addus intends to use approximately $81.4 million of the net proceeds it receives from this offering for the repayment of all indebtedness outstanding under its credit facility and the remainder for general corporate purposes, including the Company’s previously announced acquisition of the personal care assets of Gentiva and any future acquisitions or investments. There were no selling stockholders in the offering.

Addus HomeCare Corporation (Nasdaq: ADUS) (“Addus” or the “Company”), a provider of home care services, today announced that it has commenced a proposed public offering of 1,500,000 shares of its common stock. Addus expects to grant the underwriters a 30-day option to purchase additional shares of its common stock in an amount of up to 225,000 shares of its common stock.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to acquire the personal care operations of Gentiva for an anticipated purchase price, after customary purchase price adjustments, of approximately $350 million. Based in Atlanta, Georgia, Gentiva is a dedicated hospice, palliative, and personal care services company and the transaction relates only to its personal care operations, which serve over 16,000 patients per day in a seven-state service area of Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus expects to close the transaction following completion of regulatory approvals and subject to customary closing conditions. Addus will fund the acquisition through the Company’s existing revolving credit facility.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the 2024 Jefferies Global Healthcare Conference, which takes place on June 4 - 6, 2024, in New York City.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to sell the Company’s New York operations to HCS-Girling. Based in Brooklyn, New York, HCS-Girling is a leading provider of home health and home care services. The operations being sold consist of all of the Company’s personal care operations in the state of New York, including fiscal intermediary services under the New York Consumer Directed Personal Assistance Program (“CDPAP”). The timing for the closing of the transaction is subject to customary regulatory approvals. The purchase price for the transaction will be up to $23.0 million, depending, in part, on future operating requirements for HCS-Girling in New York. The Company will use the proceeds from the transaction to reduce the outstanding balance on its revolving credit facility.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the first quarter ended March 31, 2024.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, commented on the final rule announced on April 22, 2024, by the Department of Health and Human Services (HHS) known as “Ensuring Access to Medicaid Services.” The rule incorporates new requirements governing Medicaid Services, including Home and Community-Based Services (HCBS). The proposed requirements are intended to improve access to care, increase transparency and accountability, and promote health equity for Medicaid beneficiaries, including those who receive home health services.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the first quarter ended March 31, 2024, on Monday, May 6, 2024, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman, President and Brad Bickham, President and Chief Operating Officer, will participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference on March 12, 2024.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Raymond James & Associates 45th Annual Institutional Investors Conference, which takes place March 3 – 6, 2024, in Orlando, Florida.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the fourth quarter and year-ended December 31, 2023, on Monday, February 26, 2024, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Stephens Annual Investment Conference, which takes place November 14 -16 in Nashville, Tennessee.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2023.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the third quarter ended September 30, 2023, on Monday, October 30, 2023, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced it has completed the acquisition of the entities comprising Tennessee Quality Care, a provider of home health, hospice, and private duty nursing services. Based in Franklin, Tennessee, Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of over 50 counties in Tennessee. Addus funded the acquisition through a combination of cash on hand and the Company’s revolving credit facility.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the second quarter ended June 30, 2023, on Monday, July 31, 2023, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced a definitive agreement to acquire the entities comprising Tennessee Quality Care, a provider of home health, hospice, and private duty nursing services. Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of over 50 counties in Tennessee. Addus expects to close the transaction in the third quarter of 2023, following completion of customary closing conditions. Addus will fund the acquisition through a combination of cash on hand and the Company’s revolving credit facility.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the 2023 Jefferies Healthcare Conference, which takes place June 7-9, 2023, in New York City.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the 2023 RBC Capital Markets Global Healthcare Conference, which takes place May 16-17, 2023, in New York City.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the BofA Securities 2023 Healthcare Conference, which takes place May 9 –11, 2023, in Las Vegas, Nevada.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, commented on the proposed new rule announced last week by the Biden Administration’s Department of Health and Human Services (HHS) known as “Assuring Access to Medicaid Services.” The proposed rule is in addition to those adopted under the Obama Administration in 2016 and incorporates new requirements covering additional Medicaid Services, including Home and Community-Based Services (HCBS). The proposed rule is not final and is subject to a sixty-day public comment period.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the first quarter ended March 31, 2023, on Monday, May 1, 2023, after the market close.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced that Heather Dixon, CPA, has been appointed to the Company’s Board of Directors as an independent board member, effective March 1, 2023. She fills the seat previously held by Steven Geringer and will serve as a member of the Audit Committee.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman, President and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Oppenheimer 33rd Annual Healthcare Conference on March 14, 2023.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2022.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Raymond James & Associates 44th Annual Institutional Investors Conference, which takes place March 5 – 8, 2023, in Orlando, Florida.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the fourth quarter and year-ended December 31, 2022, on Monday, February 27, 2023, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Stephens Annual Investment Conference, which takes place November 15 -17 in Nashville, Tennessee.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2022.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the third quarter ended September 30, 2022, on Monday, October 31, 2022, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced the acquisition of Apple Home Healthcare, LTD (“Apple”), effective October 1, 2022. Based in Chicago, Illinois, Apple serves an average daily adult census of approximately 450 patients in an 11-county metro area in and around Chicago, with annual revenues of approximately $10 million. Founded 25 years ago, Apple offers home health services for patients recovering from acute illnesses and procedures.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today the passing of Steven L. Geringer, a longtime member of the Company’s Board of Directors, on September 7, 2022.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2022.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the second quarter ended June 30, 2022, on Monday, August 1, 2022, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Jefferies Healthcare Conference, which takes place June 8 - 10, 2022, in New York City.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the 2022 RBC Capital Markets Global Healthcare Conference, which takes place May 17-18, 2022, in New York City.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the first quarter ended March 31, 2022.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the BofA Securities 2022 Healthcare Conference, which takes place May 9 – 13, 2022, in Las Vegas, Nevada.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Cliff Blessing has been named the Company’s new Executive Vice President and Chief Development Officer, effective April 20, 2022.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the first quarter ended March 31, 2022, on Monday, May 2, 2022, after the market close.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the fourth quarter and year ended December 31, 2021.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Raymond James & Associates 43rd Annual Institutional Investors Conference, which takes place March 6 – 9, 2022, in Orlando, Florida.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the fourth quarter and year-ended December 31, 2021, on Thursday, February 24, 2022, after the market close.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced that yesterday it completed the acquisition of substantially all the assets of JourneyCare, Inc. (JourneyCare) for a cash purchase price of approximately $85 million, after customary purchase price adjustments. Based in Glenview, Illinois, JourneyCare serves an average daily adult census of approximately 750 patients in a surrounding 13 county territory.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, and JourneyCare, Inc. (JourneyCare), one of the largest hospice and palliative care providers in Illinois, today jointly announced the execution of a definitive agreement under which Addus will acquire substantially all the assets of JourneyCare, for an anticipated purchase price, after customary purchase price adjustments, of approximately $85 million. Based in Glenview, Illinois, JourneyCare serves an average daily adult census of approximately 750 patients in a surrounding 13 county territory. The parties expect to close the transaction on or about February 1, 2022, following completion of all required regulatory approvals, subject to customary closing conditions. Addus will fund the acquisition through a combination of cash on hand and the Company’s revolving credit facility.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Bank of America Securities Virtual Home Care 2021 Conference, which takes place December 6 – 7, 2021.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brad Bickham, President and Chief Operating Officer, and Brian Poff, Executive Vice President and Chief Financial Officer, will participate in the Stephens 23rd Annual Investment Conference, which takes place December 1 - 3 in Nashville, Tennessee.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced it has entered into a “Stay Healthy at Home” value-based agreement with Blue Cross and Blue Shield of New Mexico (BCBSNM) for Medicaid members served by its subsidiary company, Ambercare Corporation (Ambercare). Ambercare is an operator of home health, hospice and personal care services in the State of New Mexico.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2021.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that it will release earnings for the third quarter ended September 30, 2021, on Monday, November 1, 2021, after the market close.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced the acquisition of Summit Home Health, LLC (“Summit”), effective October 1, 2021. The Company funded the transaction with cash on hand. Based in Bolingbrook, Illinois, a suburb of Chicago, Summit currently serves an average daily census of approximately 240 patients for skilled home health services, with primary coverage in the 14 counties in and around Chicago. Summit currently has annualized revenues of approximately $7.0 million.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2021.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced the signing of a definitive agreement to acquire Armada Skilled Home Health of New Mexico, LLC, Armada Hospice of New Mexico, LLC and Armada Hospice of Santa Fe, LLC, (“Armada”) for a cash purchase price of approximately $29.0 million. Based in Albuquerque, New Mexico, Armada currently serves an average daily census of approximately 1,100 patients for home health services and 100 patients for hospice care, with primary coverage across Bernalillo County and surrounding counties. Addus expects to close the transaction on or about August 1, 2021, following completion of all required regulatory approvals, subject to customary closing conditions.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, announced today that Laurie Manning retired from her position as Executive Vice President and Chief Human Resource Officer, effective June 11, 2021. Robby Stevenson, Senior Vice President of Human Resources, has been promoted to Executive Vice President and Chief Human Resource Officer and will assume leadership in that area.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brian Poff, Executive Vice President and Chief Financial Officer, and Brad Bickham, President and Chief Operating Officer, will participate in two upcoming virtual healthcare investor conferences.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brian Poff, Executive Vice President and Chief Financial Officer, and Brad Bickham, President and Chief Operating Officer, will participate in the RBC Capital Markets Global Healthcare Conference, which is being held as a virtual event.

Addus HomeCare Corporation (NASDAQADUS), a provider of home care services, today announced financial results for the first quarter ended March 31, 2021.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman and Chief Executive Officer, Brian Poff, Executive Vice President and Chief Financial Officer, and Brad Bickham, President and Chief Operating Officer, will participate in the Bank of America Securities 2021 Health Care Conference, which is being held as a virtual event.

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that it has entered into a joint software development agreement with Homecare Homebase (HCHB) to build the industry’s first integrated, enterprise-level solution for all types of home-based care. The resulting technology would provide Addus with a singular platform and a unified patient record to manage clients across Addus’s continuum of post-acute services, including personal care, home health and hospice. The solution will also be designed to integrate the electronic visit verification (EVV) functionality of CellTrak, Addus’s current primary EVV technology provider.