Addus HomeCare Corporation provides home and community based services, which are primarily social in nature and are provided in the home, and focused on the dual eligible population. The company’s services include personal care and assistance with activities of daily living, and adult day care. Its consumers are individuals with special needs who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Services The company delivers services to its consumers through approximately 121 locations across 21 states to 26,000 consumers. It also operates five adult day centers in Illinois. The company’s home and community based services assist consumers, who would otherwise be at risk of placement in a long-term care institution, with activities of daily living. Services are primarily provided in consumers’ homes on an as-needed, hourly basis, mostly to older adults and younger disabled persons. These services, provided by home and community based service aides, are of a social rather than medical nature and include personal care, home support services and adult day care. Personal care and home support services are provided to consumers who are unable to independently perform some or all of their activities of daily living. Personal care services include bathing, grooming, oral care, skincare, assistance with feeding and dressing and medication reminders. Home support services include meal planning and preparation, housekeeping and transportation services. Consumers need such services on a long-term basis to address chronic or acute conditions. The average duration of its provision of home and community based services is approximately 17 months per consumer. The company also operates five adult day centers in Illinois which provide a comprehensive program of skilled and support services and designated health services for adults in a community-based group setting. Services provided by its adult day centers include social activities; transportation services to and from the centers; the provision of meals and snacks; and personal care and therapeutic activities such as exercise and cognitive interaction. Customers The company’s payor clients include federal, state and local governmental agencies; commercial insurers; and private individuals. Its customers include Illinois Department on Aging; Washington Department of Social and Health Services; Riverside County Department of Public Social Services, California; Nevada Medicaid; Private duty; Commercial insurance; and other federal, state and local payors. Significant Events In 2013, the company sold substantially all of the assets used in home health business in Arkansas, Nevada and South Carolina; and 90% of the Home Health Business in California and Illinois, to subsidiaries of LHC Group, Inc. In 2014, Addus HomeCare announces the acquisition of Aid & Assist at Home, LLC. History Addus HomeCare Corporation was founded in 1979.
addus homecare corp (ADUS:NASDAQ GS)
2401 South Plum Grove Road
Palatine, IL 60067
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