Addus 2024 Earnings: Growth Stumbles Amid Debt and Integration Woes
On February 24, 2025, Addus HomeCare Corporation, a leading provider of home-based personal care, nursing and rehabilitative therapy services, released its financial results for the fourth quarter and full year (FY) ended December 31, 2024, after the market close. The results? Not terrible, but don’t break out the champagne either. Addus Q4 and FY 2024 Financial Snapshot: Metric Q4 2024 Q4 2023 FY 2024 FY 2023 Revenue $297.1 million $276.4 million $1.15 billion $1.06 billion Net Income $19.5 million $19.6 million $73.6 million $62.5 million Net Income per Diluted... Read More »
Gracepoint Home Care Acquires Assets of Touching Hearts Senior Care
Gracepoint Home Care announced on February 24 that it entered into an agreement to acquire all assets of Touching Hearts Senior Care. Touching Hearts Senior Care is a home health and hospice company based in Minneapolis, Minnesota. Touching Hearts Senior Care, owned by Gina Germany since 2007, has a reputation for providing comprehensive care services tailored to the needs of seniors. Gracepoint Home Care is an in-home care agency based out of Mobile, Alabama. It has additional locations in Foley, Alabama and Biloxi, Mississippi. In addition to providing home care for patients, Gracepoint also provides staffing for many of the area’s nursing homes and assisted living... Read More »
Abound Health Acquires Pediatric Home Health Provider Star Pediatrics
Abound Health announced on February 13 that it entered a strategic partnership with Star Pediatrics, a New Jersey-based pediatric home health provider. Abound Health acquired Star Pediatrics in a deal that was effective February 7, 2025. Star Pediatrics specializes in delivering in-home care to children with complex medical needs, supporting both the child and their family. The company is based in Saddle Brook, New Jersey. Abound Health is a provider of healthcare solutions for individuals with intellectual and developmental disabilities (I/DD). Headquartered in Charlotte, North Carolina, the company operates in multiple states and serves thousands of individuals annually. This acquisition... Read More »
Family Resource Home Care Purchases Washington-Based Beneficial In-Home Care
Family Resource Home Care announced on February 6 the acquisition of Beneficial In-Home Care, a home-health care service company with locations across Washington. This acquisition strengthens Family Resource Home Care’s footprint in Washington. Beneficial In-Home Care provides in-home care services to residents of all ages and special needs who require additional help with daily tasks. The company has six locations in Spokane, Colville, Wenatchee, Moses Lake, Pullman and Omak, Washington. Family Resource Home Care, a portfolio company of Great Point Partners, is the largest independent home care services provider in the Pacific Northwest. The company provides home care services across 35... Read More »
Levine Leichtman Capital Partners and Management Acquire Synergy HomeCare
Levine Leichtman Capital Partners (LLCP) announced that it has partnered with management to acquire Synergy HomeCare from NexPhase Capital, LP. Synergy HomeCare will continue to be run by the existing executive team led by CEO, Charlie Young. Synergy HomeCare is a provider of in-home care services to individuals of all ages with more than 240 franchises operating in approximately 550 territories across 42 states. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care and specialized care for individuals living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. Synergy... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
