Addus HomeCare

Addus HomeCare Corp. engages in the provision of in-home personal care services. It operates through the following segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill or disabled. The Hospice segment includes physical, emotional, and spiritual care for people who are terminally ill as well as for their families. The Home Health segment offers services that are primarily medical in nature to individuals who may require assistance during an illness or after surgery, and include skilled nursing and physical, occupational and speech therapy. The company was founded on July 27, 2006 and is headquartered in Frisco, TX.

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Earnings data Q4 2024

Addus HomeCare reports robust Q4 earnings, eyes growth opportunities

Addus HomeCare delivered strong financial performance in Q4 2022, with revenue and earnings growth exceeding expectations.
The company's strategic strengths lie in its well-capitalized position, successful hiring initiatives, and positive outlook on value-based care contracts.
Challenges include hospice growth struggles and reimbursement issues, which are being actively addressed for sustainable growth.
Opportunities for Addus HomeCare include rate increases, acquisitions, sustained growth in personal care services, and optimizing the hospice business.

Addus HomeCare reports robust Q1 earnings amidst regulatory challenges

Addus HomeCare's Q1 2023 earnings call highlighted strong financial performance, operational strengths, concerns over proposed Medicaid payment rule, and growth opportunities in home health acquisitions. The company's strategic focus on financial management and workforce development positions it well for future growth and resilience in the evolving healthcare landscape.

Addus HomeCare reports revenue growth and strategic acquisitions in Q2

Addus HomeCare's Q2 2023 performance showcased revenue growth, strong financials, and strategic acquisitions.
While facing challenges from proposed rule changes and turnover rates, the company remains resilient.
Opportunities in value-based contracting, growth despite rate cuts, and caregiver engagement highlight future prospects.
Maintaining financial stability, Addus aims for growth through selective acquisitions and care strategy alignment.

Addus HomeCare posts robust Q3 results, eyes sustained growth

Addus HomeCare delivered a strong performance in Q3 2023, showcasing revenue growth, improved profitability, and strategic financial management.
While facing challenges such as margin impacts and revenue declines in certain segments, the company remains focused on sustaining margins and operational excellence.
Opportunities lie in continued growth in key service segments, market expansion, and leveraging positive market momentum for future success.

Addus HomeCare's Q4 2023 performance reflects strong revenue growth, improved margins, and a focus on debt reduction and strategic acquisitions.
The company's strengths lie in caregiver initiatives, revenue growth in key segments, and investments in value-based care programs and technology.
Challenges include union negotiations impacting margins, pandemic-related business disruptions, and the need for further operational efficiencies.
Opportunities include leveraging industry changes, expanding value-based care initiatives, and diversifying revenue streams through the Home Health business.

Addus HomeCare reports robust Q1 earnings, eyes growth opportunities

Addus HomeCare's strong financial performance in Q1 2024, coupled with strategic initiatives and confidence in overcoming challenges, positions the company for continued growth and success in the home-based care industry.

Addus HomeCare posts robust Q3 results, eyes strategic growth opportunities

Addus HomeCare delivered strong financial results in Q3 2024, driven by revenue growth, improved earnings, and strategic initiatives. The company's solid cash position, upcoming acquisition, and hiring momentum underscore its growth potential and operational strength.
While facing integration challenges and regulatory uncertainties, Addus HomeCare can capitalize on market opportunities like rate increases and funding to fuel its expansion and navigate industry challenges effectively.
Overall, Addus HomeCare's performance highlights its resilience, adaptability, and strategic focus on growth, positioning the company well for continued success in the evolving healthcare landscape.

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Addus HomeCare Corp. engages in the provision of in-home personal care services. It operates through the following segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill or disabled. The Hospice segment includes physical, emotional, and spiritual care for people who are terminally ill as well as related services for its families. The Home Health segment offers services that are primarily medical in nature to individuals who may require assistance during an illness or after hospitalization and include skilled nursing and physical, occupational, and speech therapy. The company was founded on July 27, 2006 and is headquartered in Frisco, TX.

FRISCO, Texas--(BUSINESS WIRE)---- $ADUS--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. Commenting on the annou

Addus HomeCare Completes Acquisition of JourneyCare Hospice Operations

FRISCO, Texas & GLENVIEW, Ill.--(BUSINESS WIRE)---- $ADUS--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

Addus HomeCare Establishes Significant Illinois Hospice Presence With Agreement to Acquire JourneyCare Operations

FRISCO, Texas--(BUSINESS WIRE)---- $ADUS--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. In connection with the conference, there will be a live broadcast an

Addus HomeCare to Participate in Bank of America Securities Virtual Home Care 2021 Conference

FRISCO, Texas--(BUSINESS WIRE)---- $ADUS--Addus HomeCare Corporation (NASDAQ: ADUS), 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. The “Stay Healthy at Home” program is designed to help BCB

Addus Homecare Announces Value-Based Agreement With Blue Cross and Blue Shield of New Mexico

Addus Homecare Corp. (ADUS) CEO Dirk Allison on Q3 2021 Results - Earnings Call Transcript

Addus HomeCare (ADUS) delivered earnings and revenue surprises of -2.15% and -5.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Addus HomeCare (ADUS) Q3 Earnings and Revenues Lag Estimates

Addus HomeCare (NASDAQ:ADUS) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

Addus HomeCare: Q3 Earnings Insights

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2021. Net service revenues increased 11.7% for the third quarter to $216.7 million from $194.0 million for the third quarter of 2020. Net income increased 27.0% to $11.6 million for the third quarter of 2021 from $9.1 million for the third quarter last year, while net income per diluted share

Addus HomeCare Announces Third-Quarter 2021 Financial Results

FRISCO, Texas--(BUSINESS WIRE)--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 will host a conference call on Tuesday, November 2, 2021, at 9:00 a.m. Eastern time. Joining the call from the Company will be Dirk Allison, Chairman and CEO, Brian Poff, Executive Vice President and CFO, and Brad Bickham, President and

Addus HomeCare Announces Third-Quarter 2021 Earnings Release and Conference Call

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), 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 cu

Addus HomeCare Completes Acquisition of Summit Home Health, LLC in Chicago

Addus Homecare Corp (ADUS) CEO Dirk Allison on Q2 2021 Results - Earnings Call Transcript

Shares of Addus HomeCare (NASDAQ:ADUS) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 23.29% over the past year to $0.90, which beat the estimate of $0.89.

Recap: Addus HomeCare Q2 Earnings

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2021. Net service revenues were $217.9 million for the second quarter of 2021, up 18.1% from $184.6 million for the second quarter of 2020. Net income was $11.6 million, up 67.9% compared with $6.9 million for the second quarter of 2020, while net income per diluted share was $0.72 compared with $0

Addus HomeCare Announces Second-Quarter 2021 Financial Results

Addus HomeCare (NASDAQ:ADUS) announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Earnings Preview For Addus HomeCare

Frisco, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- 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, 2021, on Monday, August 2, 2021, after the market close.

Addus HomeCare Announces Second-Quarter 2021 Earnings Release and Conference Call

FRISCO, Texas--(BUSINESS WIRE)---- $ADUS--Addus HomeCare Corporation (NASDAQ: ADUS), 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

Addus HomeCare Signs Definitive Agreement To Acquire Armada Skilled Home Health and Hospice in New Mexico

FRISCO, Texas--(BUSINESS WIRE)--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. Commenting on the announcement, Dirk Allison, Chairman and Chi

Addus HomeCare Announces Retirement of Laurie Manning

FRISCO, Texas--(BUSINESS WIRE)--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. On Tuesday, June 1, 2021, the Company will present at the Jefferies Virtual Healthcare Conference at 3:30 p.m. Eastern T

Addus Homecare to Participate in the Jefferies Virtual Healthcare Conference and the William Blair Growth Stock Conference

Addus Homecare Corp (ADUS) CEO Dirk Allison on Q1 2021 Results - Earnings Call Transcript

FRISCO, Texas--(BUSINESS WIRE)--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. In connection with the conference, there will be a live broadcast and replay of

Addus HomeCare to Participate in RBC Capital Markets Global Healthcare Conference

Addus HomeCare (ADUS) delivered earnings and revenue surprises of 4.23% and -1.60%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Addus HomeCare (ADUS) Q1 Earnings Surpass Estimates

Shares of Addus HomeCare (NASDAQ:ADUS) decreased 2% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 3.90% year over year to $0.74, which beat the estimate of $0.73.

Recap: Addus HomeCare Q1 Earnings

FRISCO, Texas--(BUSINESS WIRE)--Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced financial results for the first quarter ended March 31, 2021. Net service revenues were $205.3 million for the first quarter of 2021, a 7.9% increase compared with $190.2 million for the first quarter of 2020. Net income was $8.9 million for the first quarter of 2021, compared with $8.7 million for the first quarter last year, while net income per diluted share was $0.55

Addus HomeCare Announces First-Quarter 2021 Financial Results

On Monday, May 03, Addus HomeCare (NASDAQ:ADUS) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Preview: Addus HomeCare

FRISCO, Texas--(BUSINESS WIRE)--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. In connection with the conference, there will be a live broadcast and repl

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