The home care industry has historically been built on nonmedical services and a private-pay revenue structure. It has also long been underappreciated by the health care sector at large. But all of that’s changing. Nonmedical home care providers have proven their worth and range amid the COVID-19 crisis, keeping high-acuity seniors safe at home while cutting down on their risk of virus transmission. For complete article, click here.
Like every other provider in the home-based care industry, Addus HomeCare Corporation (Nasdaq: ADUS) has spent the past three months grappling with the coronavirus. In the short term, that has meant decreased visit volumes and reduced revenues. But in the long-term, Frisco, Texas-based Addus is optimistic the COVID-19 emergency will usher in a number of positives for the company — and the industry as a whole. “Both from a payer and a family standpoint, what we’ve seen over th