Addus Homecare Corp
NASDAQ:ADUS

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Addus Homecare Corp
NASDAQ:ADUS
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Price: 128.24 USD -1.49% Market Closed
Market Cap: 2.3B USD
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Addus Homecare Corp
Investor Relations

Addus Homecare Corp., tracing its roots back to 1979, stands as a beacon in the realm of home and community-based healthcare services. Headquartered in Frisco, Texas, the company has effectively built its reputation by focusing on the often-overlooked demographic of elderly individuals who wish to maintain their independence while still receiving necessary medical and personal care. Addus operates by dispatching a skilled workforce of healthcare professionals directly to clients' homes, providing services that range from personal care and assistance with daily living activities to more specialized medical care. This approach not only allows seniors to stay comfortably in familiar surroundings but also helps minimize hospital readmission rates, catering to a growing preference for in-home care among patients and their families.

The financial engine of Addus Homecare is driven predominantly by its contractual relations with various state and federal agencies, as well as private pay clients, leveraging reimbursements from Medicaid and Medicare programs. These government partnerships form the backbone of its revenue stream, capturing a significant share of the vast spending in the healthcare sector. As America's population continues to age, the demand for Addus's services aligns with broader demographic shifts, reflecting a strategic positioning that capitalizes on a critical societal need. This business model ensures steady cash flows while adapting to regulatory environments, enabling Addus Homecare to navigate the complex healthcare landscape and maintain its status as a vital player in the industry.

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Management

Mr. R. Dirk Allison CPA
CEO & Chairman of the Board
No Bio Available
Mr. W. Bradley Bickham J.D.
President & COO
No Bio Available
Mr. Brian W. Poff
CFO, Executive VP, Secretary & Treasurer
No Bio Available
Mr. Sean P. Gaffney
Executive VP & Chief Legal Officer
No Bio Available
Mr. Darby Anderson
Executive VP & Chief Government Relations Officer
No Bio Available
Mr. Zach Simpson
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Michael D. Wattenbarger
Executive VP & Chief Information Officer
No Bio Available
Ms. Monica Raines
Executive VP and Chief Compliance & Quality Officer
No Bio Available
Mr. Roberton James Stevenson
Executive VP & Chief Human Resource Officer
No Bio Available
Ms. Diane Kumarich
Senior Vice President of Payor Innovation
No Bio Available

Contacts

Address
TEXAS
Frisco
6303 Cowboys Way, Suite 600
Contacts
+14695358200.0
www.addus.com