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November 1, 2012
16:22 EDTADUSAddus HomeCare announces COO Daniel Schwartz resigned
The Company announced that Daniel Schwartz, COO has accepted a senior position at another business not in competition with Addus and thus, has submitted his resignation effective November 16. Heaney stated, "We appreciate Daniel's contributions to Addus, especially with respect to his driving key operational and financial metrics. Daniel's leadership has been valuable in positioning the Company for the future, and we wish Daniel the best in his future endeavors."
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April 30, 2015
16:13 EDTADUSAddus HomeCare hires Don Klink as CFO
Mark Heaney, president and CEO of Addus HomeCare, stated, "After a thorough search process, I am pleased to announce that Don Klink will be joining Addus as CFO effective May 11." From October 2013 through April 2015, he provided various senior financial consulting services, including assignments through Tatum US, a management consulting firm.
16:12 EDTADUSAddus HomeCare announces purchase agreement in New York market
Mark Heaney, president and CEO of Addus HomeCare, stated, "We are pleased to report solid first quarter financial results and a new purchase agreement for an acquisition that, once consummated, will provide Addus entry into the large managed care market in New York. Our financial results were driven by continued double-digit growth in our average billable census, which increased 11.9% for the quarter. This growth was the primary contributor to a 6.9% increase in same store revenue. We continued to produce good organic growth during the quarter with our traditional payers. Although the operational complexities involved in the transition of dual eligibles to MCOs again slowed the pace of referrals in Illinois, MCO revenue rose to 18.3% of total Addus revenue, from 15.4% for 4Q14 and 4.4% for the first quarter last year."
16:10 EDTADUSAddus HomeCare reports Q1 adjusted EPS 24c, consensus 24c
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April 27, 2015
14:32 EDTADUSAddus HealthCare agrees to acquire South Shore, Acaring for $18M
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