Addus CEO: Hospice headwinds starting to abate
05/20/24 at 03:00 AM
Addus CEO: Hospice headwinds starting to abate
Hospice News; by Jim Parker; 5/16/24
Addus Homecare Corp. (NASDAQ: ADUS) is seeing constrictions on growth start to ease in its hospice business. Many of those headwinds were associated with lingering effects of the pandemic. Like many hospice providers, Addus has faced COVID-19 challenges that include reduced patient volumes and shorter length of stays. Now, the company’s hospice rebound is starting to accelerate, CEO Dirk Allison said during the Bank of America Securities Health Care Conference.