Addus HomeCare To Acquire Hospice Partners Of America For $130 Million [Seeking Alpha]
Addus HomeCare Corporation (ADUS)
Last addus homecare corporation earnings: 3/17 04:05 pm
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Source: Seeking Alpha
Addus HomeCare To Acquire Hospice Partners Of America For $130 Million Summary Addus HomeCare said it will acquire Hospice Partners of America for $130 million in cash. Hospice Partners operates a network of hospice and palliative care facilities in multiple U.S. states. With the deal ADUS continues to execute its strategy of acquiring firms in existing markets to enhance its integrated delivery model. The acquisition also provides an entry point into the large Texas market. Quick Take Addus HomeCare ( announced Hospice Partners of America operates as a multi-state hospice and palliative care provider. ADUS looks to have paid a premium for the deal, which will add to its integrated care delivery model and provide an entry point into the large Texas market. Target Company Birmingham, Alabama-based Hospice Partners was founded in 2008 and serves about 1,000 patients daily through 21 locations across Idaho, Kansas, Missouri, Oregon, Texas and Virginia, as well as an annual revenue of abo
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ADUS
News
- Addus HomeCare Co. (NASDAQ: ADUS) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $136.00 price target on the stock.MarketBeat
- Addus HomeCare to Participate in Stephens Annual Investment ConferenceBusiness Wire
- Addus HomeCare's (NASDAQ:ADUS) Promising Earnings May Rest On Soft Foundations [Yahoo! Finance]Yahoo! Finance
- ADUS vs. USPH: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Addus HomeCare Co. (NASDAQ: ADUS) had its price target raised by analysts at Stephens from $143.00 to $145.00. They now have an "overweight" rating on the stock.MarketBeat
ADUS
Earnings
- 11/4/24 - Beat
ADUS
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form 144
- 11/12/24 - Form SC
- ADUS's page on the SEC website