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Stock impact report

Addus HomeCare CFO Flags Medicaid Rate Outlook, Gentiva Deal Progress, and M&A Pipeline at Conference [Yahoo! Finance]

Addus HomeCare Corporation (ADUS) 
Last addus homecare corporation earnings: 3/17 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
has historically provided annual raises but its next increase is uncertain and may come later in the budget process, and New Mexico appears headed for a ~4–5% increase effective July 1; consolidated pass-through to wages is typically in the mid-to-upper 20% range. Gentiva acquisition and M&A pipeline: Addus closed the $280M annualized Gentiva personal-care deal in December 2024 — its largest to date and its entry into Texas where it is now the largest provider (~5% share) — and management says the asset is tracking in line while the company remains positioned for tuck-in deals and potential larger personal-care acquisitions later in the year with a clean balance sheet. Operational gains and margin expansion: A multi-year strategy has raised operating margins from roughly 5–6% to about 12–13%, and an internally built caregiver app boosted Illinois fill rates from the low 80s to the upper 80s (now rolling out to Texas and New Mexico) as Addus expects census growth to resume in the s Show less Read more
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