Addus HomeCare Corporation’s (NASDAQ: ADUS) hospice segment is seeing slow but steady improvement as pandemic headwinds ease. Meanwhile, the company’s near-term acquisition sights are set more on home health than in personal care amid potential payment shifts. Addus is slowing its acquisitional efforts related to personal care targets at this time as the dust settles from a proposed rule from the U.S. Centers for Medicare & Medicaid Services (CMS) announced last week, according to Allison. For now, Addus is pausing its efforts related to acquisitions in personal care services, he indicated. Once the final rule is released, the company will evaluate where to strike a balance in picking up home health and personal care assets, he added.
Read the full article: Addus Sees Hospice Improvements, Plans to Rebalance Home Health-Personal Care M&A Activity //
Source: https://hospicenews.com/2023/05/02/addus-sees-hospice-improvements-plans-to-rebalance-home-health-personal-care-ma-activity