Addus HomeCare Corp, abbreviated as ADUS, is a leading provider of comprehensive personalized home care and support services. The company, listed on the NASDAQ exchange, has been devoted to providing high-quality, cost-effective healthcare that enables patients, particularly the elderly or chronically ill, to live in their homes for as long as possible. Founded in 1979, ADUS has since grown steadily over the decades, positioning itself as a prominent player in the home healthcare industry in the United States.
The company is headquartered in Downers Grove, Illinois, and provides services across 186 locations in 25 states. It employs over 34,000 professionals who provide personal care services, assisting with activities of daily living such as bathing, dressing, meal preparations, and medication reminders. The primary aim is to improve the quality of life for its service recipients and reduce unnecessary hospitalizations.
Additionally, ADUS provides home health services - skilled nursing, physical therapy, occupational therapy, and speech therapy to individuals recovering from illness, injury, or surgery. They even offer hospice care - specialized care designed to provide support to you and your loved ones during an advanced illness.
Financially, ADUS has witnessed significant growth. The company's net service revenue increased by 15% to $565 million in 2019 from $492 million in 2018, contributing to an increase in its market capitalization, attracting potential investors.
Adapting to the current conditions of the COVID-19 pandemic, ADUS has taken crucial steps to ensure the safety of clients and care providers, leveraging technology, including telehealth services, maintaining the highest standard of care.
ADUS's mission is to improve the health and well-being of its consumers through the provision of compassionate, cost-effective, outcome-driven healthcare solutions. It maintains its commitment across four cornerstone values: Respect, Reliability, Quality, and Integrity. Upholding these values has led to numerous recognitions, such as being named a "Top Performer" by The Joint Commission, the nation's oldest and largest healthcare accreditation body.
As the aging population in the United States continues to grow, demand for home health care services is expected to increase. Positioned with decades of expertise and a large, well-trained workforce aiming to provide quality care, Addus HomeCare Corp remains poised to meet this growing need, enhancing its value within the healthcare sector.
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Cliff Donald Blessing, EVP and Chief Development Officer of Addus HomeCare Corp (NASDAQ:ADUS), sold 2,000 shares of the company's common stock on November 6, 2026, at a weighted average price of $124.18 per share. This transaction, revealed in a Form 4 filing, leaves Blessing with 10,183 shares of common stock directly owned. The sale involved multiple transactions ranging from $124.02 to $124.34.
Michael D. Wattenbarger, an officer at Addus HomeCare Corporation, has filed a Form 144 notice to sell 7,141 shares of common stock, valued at $890,254.94. The sale is scheduled for November 6, 2026, through Morgan Stanley Smith Barney LLC. These shares originate from restricted stock grants and a recent stock option exercise, with no prior sales reported in the last three months.
Addus HomeCare Corporation reported a decline in personal care census in Q3, attributing it to caregivers' increasing desire for 40-hour work weeks. The company is addressing this by rolling out a caregiver app to help staff more authorized hours and by being more selective about accepting higher-hour cases. Addus also plans to grow its home health arm and expects to close its acquisition of AccentCare’s personal care assets in Q1 2027, which will significantly increase its revenue base and expand its presence into new states.