Profile: Addus Homecare Corp (ADUS.OQ)

ADUS.OQ on NASDAQ Stock Exchange Global Market

19.48USD
1 Aug 2013
Price Change (% chg)

$-0.16 (-0.81%)
Prev Close
$19.64
Open
$19.91
Day's High
$19.91
Day's Low
$19.16
Volume
20,728
Avg. Vol
39,826
52-wk High
$23.65
52-wk Low
$4.06

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Addus HomeCare Corporation, incorporated on July 27, 2006, is a provider of a range of social and medical services in the home focused primarily on the dual eligible population. The Company' s segment include home & community services. The Company's services include personal care and assistance with activities of daily living, skilled nursing and rehabilitative therapies, and adult day care. The Company's consumers are individuals with needs who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Company's payer clients include federal, state and local governmental agencies, commercial insurers, and private individuals. The Company provides its services through over 118 locations across 19 states to over 26,000 consumers. Effective March 1, 2013, the Company sold its Home Health business to LHC Group, Inc.

Home & Community Services

The Company's home & community services segment provides a range of services primarily in consumers' homes on an as-needed, hourly basis, mostly to older adults and younger disabled persons. The Company’s primarily involves providing assistance with activities of daily living. These services, generally provided by para-professional staff, such as homecare 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. The Company's services are needed when assistance from family or community members is insufficient or where caregiver respites is needed. Personal care services include bathing, grooming, mouth care, skin care, assistance with feeding and dressing and medication reminders. Home support services include meal planning and preparation, housekeeping and transportation services. Many consumers need, such services on a long-term basis to address chronic or acute conditions. The Company provides home & community services on a long-term, continuous basis, with an average duration of approximately 20 months per consumer.

The Company also operates five adult day centers in Illinois which provide a program of skilled and support services and designated health services for adults in a community-based group setting. Services provided by the Company's adult day centers include social activities, transportation services to and from the centers, the provision of meals and snacks, personal care and therapeutic activities such as exercise and cognitive interaction.

Company Address

Addus Homecare Corp

2401 SOUTH PLUM GROVE ROAD
PALATINE   IL   60067
P: +1847.3035300
F: +1302.6365454

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