Addus HomeCare Expects 2024 Acquisitions

Addus HomeCare Corp. (NASDAQ: ADUS) is poised for further acquisitions, potentially including some hospice deals. The company is seeking to pair its clinical services with its personal business in its existing markets. This is a cornerstone of its acquisition strategy. But Addus Chairman and CEO Dirk Allison does not rule out the possibility of moving into new markets if circumstances are right. “As we see potential acquisitions come to mark, it remains our primary focus to use our financial capacity to acquire strategic operations that align with our overall growth strategy of adding clinical services where we have strong personal care presence, enhancing our existing personal care markets and adding new personal care markets where we can enter at scale,” Allison said in a Q1 earnings call.

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