Home health operators and stakeholders have publicly criticized the U.S. Centers for Medicare and Medicaid Services’ (CMS) proposed home health payment rule for calendar year 2026 since its announcement in June. Now, interested parties are filing official comments as the public comment period for the proposed home health rule nears its end. The public comment […]
Among the storylines to emerge during Q1 2025 earnings calls, I was particularly interested in the divergent results that Addus HomeCare (Nasdaq: ADUS) and Modivcare (Nasdaq: MODV) posted in their personal care segments. While Addus reported a 20.3% year-over-year increase in net service revenue, which leadership directly attributed to its personal care services, Modivcare reported […]
Humana Inc. (NYSE: HUM) has confirmed that Susan Benoit, the former president and CEO of CenterWell Home Health, has transitioned to a role at Gentiva. Benoit currently serves as senior vice president of business development for Gentiva’s hospice division. Benoit has been at Gentiva since the summer of 2024, according to a company spokesperson. Humana […]
Addus HomeCare (Nasdaq: ADUS) reported a strong start to 2025 – driven largely by its personal care segment. The company’s personal care segment accounts for 76.5% of the business and has grown through several acquisitions over the past few years. In Q1, Addus’ personal care business saw a 7.4% organic revenue increase year-over-year, which CEO […]
The need for in-home care in rural areas has increased rapidly, coinciding with the aging of the Baby Boom generation, which is driving industry growth. Yet opportunities for providers to meet the growing need in rural spaces are countered by a slew of challenges. Home health care providers serving rural areas must overcome staffing and […]
Leaders from Pennant Group, Inc. (Nasdaq: PNTG), the parent company of a network of home health, hospice, and senior living services in 13 states, discussed the current state of their business on Tuesday at the 2025 Oppenheimer Co. Annual Healthcare MedTech & Services Conference. Echoing its Q4 earnings report released in February, Pennant highlighted significant […]
Addus HomeCare Corp. (Nasdaq: ADUS) has completed its acquisition of Gentiva’s personal care assets. The deal will significantly bolster Addus’ footprint in certain states, and also allow the company to enter other states for the first time. In a press release, Addus noted that the $350 million deal was funded through a combination of cash […]
Home-based care leaders are gaining some gusto. They are at the helm of the organizations that should, theoretically, be the beneficiaries of an overload of demand over the next decade. In the past, providers have pleaded for a “seat at the table” in the health care continuum. But, to a certain extent, they now hold […]
On Monday, Addus HomeCare Corp. (Nasdaq: ADUS) announced what would be the biggest transaction of 2024 thus far. Its $350 million deal for Gentiva’s personal care business could reflect a tide change in the recently slow home-based care M&A market. It’s also reflective of Addus’ impressive ability to deliver on its strategic vision. Though the […]
Addus HomeCare Corp. (Nasdaq: ADUS) is set to acquire Gentiva’s personal care assets for about $350 million. Those assets amount to over 16,000 home care patients per day, in Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus – which just left the state of New York – will fund the acquisition through its […]
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