Addus Promotes Bickham to President; WelbeHealth Names New CMO

Addus COO lands promotion Addus HomeCare Corporation (Nasdaq: ADUS) has promoted Brad Bickham to the role of president and chief operating officer. Frisco, Texas-based Addus provides personal care, home health and hospice services to about 44,000 consumers, through 212 locations in 22 states. Bickham’s promotion was internal. He first joined Addus in 2017, previously serving […]

Addus Enters Value-Based Care Deal with Presbyterian Health Plan

Addus HomeCare Corporation (Nasdaq: ADUS) — the personal care services powerhouse that has increasingly turned its attention to home health and hospice care over the past few years — has inked a new value-based care deal. The Frisco, Texas-based in-home care company announced Wednesday that it has entered into a “value-based post-acute care navigation agreement” […]

AccentCare Announces New COO; Humana Names First Chief Health Equity Officer

AccentCare appoints Chris Dimos as COO AccentCare has named Chris Dimos its chief operating officer. Dallas-based AccentCare has over 200 locations across the U.S. As a company, it provides skilled home health and personal care services, along with hospice care, private-duty nursing and care management services. Prior to joining AccentCare, Dimos was the president of […]

Addus Makes First Post-Coronavirus Acquisition, Lands A Plus Health Care in Montana

Addus HomeCare Corporation (Nasdaq: ADUS) announced Wednesday it has purchased Kalispell, Montana-based home care provider A Plus Health Care Inc. Addus completed the deal on July 1, with funding provided by cash on hand. No other financial terms of the transaction were disclosed. With seven office locations across Montana, A Plus Health Care’s service lines […]

COVID-19 Making a Case for Nationwide Home Care Licensure Requirements

While nursing homes have come under fire for widespread COVID-19 infection outbreaks, home-based care providers have been largely regarded in a more positive light.  Unlike skilled nursing facilities (SNFs) and senior living centers, home-based care providers have lower virus transmission risks due to the individual nature of the service delivery. As such, hospitals and families […]

Strategic Maneuvering Helps Addus Avoid COVID-19 Disruption

New York, Chicago, Detroit and the state of Washington are some of the cities and states that have been singled out as COVID-19 hotspots. For Addus HomeCare Corporation (Nasdaq: ADUS), operating in these locations has meant lots of strategic maneuvering, especially when considering the amount of care service call-offs the Frisco, Texas-based provider has received […]

PDGM Overshadowing Evolution of Home Health Providers into Aging-in-Place Companies

The Patient-Driven Groupings Model (PDGM) is overshadowing the rapid evolution of the industry’s largest home health providers. Over the past several years, home health giants Amedisys Inc. (Nasdaq: AMED), Encompass Health Corp. (NYSE: EHC) and LHC Group (Nasdaq: LHCG) have each graduated from relatively one-dimensional enterprises into fully integrated aging-in-place companies that operate across the […]

Addus Sets Sights on Hospice Growth, Medicare Advantage Contracts

Addus HomeCare Corporation (Nasdaq: ADUS) is zeroing in on new acquisition targets while continuing to make progress on recently closed deals. Company leadership provided an update on Addus’s M&A plans and other priorities during a third-quarter earnings call on Tuesday. “Looking ahead, we remain confident in the ongoing strength of our acquisition pipeline,” President and […]

Hospice Continues to Trump Home Health Care on M&A Front

Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: Adus) has signed a definitive agreement to purchase Hospice Partners of America LLC for $130 million cash, the multi-state home care services provider announced Monday. The move is yet another example of how hospice is outpacing home health care on the M&A front. Frisco, Texas-based Addus is primarily a […]