Welcome to our dedicated page for Addus Homecare news (Ticker: ADUS), a resource for investors and traders seeking the latest updates and insights on Addus Homecare stock.
Addus HomeCare Corporation provides in-home care services, primarily personal care assistance with activities of daily living, along with hospice and home health services. Its consumers include elderly, chronically ill and disabled individuals who may otherwise face hospitalization or institutional care, and its payor clients include government agencies, managed care organizations, commercial insurers and private individuals.
Company news commonly covers quarterly and annual operating results, investor conference participation, acquisition activity, debt and capital allocation commentary, and updates tied to the personal care, hospice and home health service mix.
Addus HomeCare Corporation (Nasdaq: ADUS) announced the retirement of Laurie Manning as Executive VP and Chief Human Resource Officer, effective June 11, 2021. Robby Stevenson, previously Senior VP of Human Resources, has been promoted to fill the role. CEO Dirk Allison commended Manning's contributions since 2017, especially during the pandemic. Stevenson brings over 20 years of HR leadership experience in healthcare, having previously served at Seasons Hospice and Palliative Care. The transition is expected to bolster Addus's clinical service capabilities, enhancing its market reach.
Addus HomeCare Corporation (Nasdaq: ADUS) announced participation in two virtual healthcare investor conferences. Dirk Allison, Brian Poff, and Brad Bickham will present at the Jefferies Virtual Healthcare Conference on June 1, 2021, at 3:30 p.m. ET and at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 11:40 a.m. ET. Live broadcasts and replays will be available on their website, www.addus.com. Addus HomeCare provides essential home care services to approximately 44,000 consumers across 22 states, focusing on the elderly and chronically ill.
Addus HomeCare Corporation (Nasdaq: ADUS) announced participation in the RBC Capital Markets Global Healthcare Conference. Dirk Allison (CEO), Brian Poff (CFO), and Brad Bickham (COO) will present at this virtual event. The live broadcast starts on May 18, 2021, at 2:30 p.m. ET, with a replay available on the company's website for one month. Addus provides essential home care services, including personal care and hospice support, serving approximately 44,000 consumers across 208 locations in 22 states. For details, visit www.addus.com.
Addus HomeCare Corporation (NASDAQ: ADUS) reported a strong first quarter of 2021, with net service revenues of $205.3 million, up 7.9% from $190.2 million in Q1 2020. Net income increased to $8.9 million from $8.7 million year-over-year, while adjusted net income per diluted share was $0.74, slightly lower than $0.77 in the previous year. Adjusted EBITDA rose 8.9% to $19.3 million. The company emphasizes improving growth trends in personal care and home health amidst rising vaccinations and a conducive market environment.
Addus HomeCare Corporation (Nasdaq: ADUS) announced its participation in the Bank of America Securities 2021 Health Care Conference, featuring executives Dirk Allison, Brian Poff, and Brad Bickham. The virtual event will occur on May 11, 2021, with a live broadcast of the presentation available at www.addus.com starting at 11:00 a.m. ET. A replay will be accessible for a month after the event. Addus provides essential home care services to approximately 44,000 consumers across 208 locations in 22 states.
Addus HomeCare Corporation (Nasdaq: ADUS) has entered a joint software development agreement with Homecare Homebase (HCHB) to create the first integrated, enterprise-level solution for home-based care. This technology will unify patient records across services such as personal care, home health, and hospice, while integrating existing electronic visit verification from CellTrak. The project aims to enhance scheduling, billing processes, and compliance. The launch is planned for early 2022, promising improved patient care and operational efficiency.
Addus HomeCare Corporation (Nasdaq: ADUS) announced it will release first-quarter earnings on May 3, 2021, after market close. A conference call is scheduled for May 4, 2021, at 9:00 a.m. ET, featuring key executives including Chairman and CEO Dirk Allison. The call can be accessed via a toll-free number, with a replay available until May 11, 2021. Addus HomeCare provides essential home care services to approximately 44,000 consumers across 22 states, targeting individuals at risk of hospitalization. For more details, visit www.addus.com.
Addus HomeCare Corporation (Nasdaq: ADUS) has announced the promotion of Brad Bickham to President and Chief Operating Officer. Dirk Allison has been named Chairman of the Board, maintaining his role as CEO, while Steven Geringer becomes Lead Director. Bickham, who joined the company in 2017, has contributed significantly to its growth. The leadership transition is expected to strengthen Addus's strategy in providing quality home care services, supporting approximately 44,000 consumers across 22 states. The company aims for continued growth through both organic means and acquisitions.
Addus HomeCare Corporation (Nasdaq: ADUS) announced a new value-based post-acute care navigation agreement with Presbyterian Health Plan in New Mexico. This initiative aims to assist members transitioning home from hospitalization by coordinating care and identifying any barriers that could lead to re-admissions. Addus will conduct pre-discharge evaluations and provide targeted training to home care providers. The CEO, Dirk Allison, emphasized the importance of this collaboration for enhancing care management and ensuring quality outcomes for patients.
Addus HomeCare Corporation (Nasdaq: ADUS) will participate in the Oppenheimer 31st Annual Healthcare Conference on March 16, 2021. Key executives including Dirk Allison (CEO), Brian Poff (CFO), and Brad Bickham (COO) will represent the company. A live broadcast of their presentation will start at 9:20 a.m. Eastern Time and will be available for replay on their website for one month afterward. Addus HomeCare provides essential home care services to over 44,000 consumers across 212 locations in 22 states.