Addus announces sale of its personal care business in New York
05/27/24 at 03:00 AM
Addus announces sale of its personal care business in New York
Home Helath Care News; by Andrew Donlan; 5/21/24
Addus HomeCare Corporation is selling its New York personal care business, along with its fiscal intermediary services for the state’s consumer-directed care program. The company announced Tuesday that it will offload its New York operations to HCS-Girling, another home-based care provider. The divestment will be worth “up to” $23 million for Addus, the company said, and the transaction is not yet closed. ... Based in Frisco, Texas, Addus provides home care, home health and hospice services to more than 49,000 consumers across 214 locations spanning 22 states.