Addus Aims to Limit Illinois Exposure

After numerous challenges with getting paid by the state of Illinois after years of budget woes, Addus Homecare (Nasdaq: ADUS) is now actively seeking to reduce its exposure in the state, executives stated on the company’s most recent earnings call. Addus, which moved its headquarters from Illinois to Frisco, Texas, earlier this year, is one of […]

More than Meets the Eye in Home Health M&A Valuations

When a home health acquisition occurs, a single trading multiple is announced for the deal — and in home health, there have been some impressive multiples lately. However, there could be a case for more than a single multiple on any given transaction, as the buyer and seller might have different ways of thinking about that number. […]

Despite Slow Second Quarter, Home Health M&A Remains Strong

Only nine publicly announced home health deals occurred in the second quarter of 2017, according to research conducted by Norwalk, Connecticut-based Irving Levin Associates. This performance signified a 40% drop in activity when compared to the total publicly announced mergers and acquisitions in the first quarter of the year (15), as well as a back-to-back decline in […]