Business Briefs: LHC Group, Hometeam

Hometeam to Offer 12 Weeks Paid Maternity Leave New York-based home care startup Hometeam has announced it will offer 12 weeks of paid family leave for its caregivers who are the primary carer, male or female. The company is also offering two weeks of paid family leave for child-caring partners. The paid family leave is for caregivers who have […]

Addus CEO Weighs in on EVV, Managed Care Organizations

Following the overhaul of its C suite and positive end to 2016, one of the largest personal care providers in the country is running full force to stay ahead of its competition this year. Due to the size of Addus HomeCare (Nasdaq: ADUS), the company realizes it has a leg up against the competition and could […]

Addus Brings On New COO

Addus HomeCare Corporation (Nasdaq: ADUS) has hired a new executive vice president and chief operating officer, effective January 16, 2017. The new hire, W. Bradley Bickham, has a robust background in the health care sector. Most recently he was the senior vice president and chief legal officer for one of the largest ambulatory surgery center […]

Addus Credits ‘Restructuring’ For Third Quarter Comeback

After a year of ups and downs, Addus HomeCare Corporation (Nasdaq: ADUS) is seeing a resurgence. There were multiple moving parts that made the third quarter successful for the Downers Grove, Illinois-based home care company. The company saw significant revenue growth, driven by a 22.9% increase in billable hours per business day, Brian Poff, executive […]

Addus Tweaks Operations Under New Leadership

Executive shakeups at one of the leading personal care businesses in the country appear to be having a positive effect, if the latest quarterly earnings are any indication. Addus HomeCare Corp. (NASDAQ: ADUS), which named Dirk Allison as CEO and president in January 2016, reported stronger revenue earnings in the first quarter of the year, […]

Addus Posts $13 Million Q1 Profit, Home Health Sale Lifts Earnings

Addus HomeCare Corporation (Nasdaq: ADUS) reported a net income of $13.3 million, or $1.23 per diluted share, for the quarter ended March 31, 2013. This included the gain on the sale of the company’s home health business to LHC Group, and a loss from discontinued operations of $500,00, or $0.05 per diluted share.  “We feel good […]