Addus Homecare Corp at RBC Capital Markets Global Healthcare Conference Transcript

Feb 06, 2024

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May 16, 2023 / 02:00PM GMT
Ben Hendrix - RBC Capital Markets - Analyst

To the 2023 RBC Capital Markets Global Healthcare Conference. I'm Ben Hendrix, RBC's healthcare services and managed care analyst. We're pleased to host Addus HomeCare, a leading provider of in-home personal care services. And with us this morning from management are Dirk Allison, Chairman and CEO; and Brian Poff, Executive Vice President and CFO.

Questions and Answers:

Ben Hendrix - RBC Capital Markets - Analyst

CMS recently issued a proposed rule that would require a minimum 80% reimbursement passed through to direct care workers. At a high level, could you discuss the proposed rule and what it might mean for the industry and for you guys?

Dirk Allison - Addus HomeCare Corporation - Chairman, CEO

Sure. First off -- and I do this every time I'm asked a question, which is, as you can imagine, a lot lately. We agree with what we believe CMS is trying to do, and that is broaden coverage of the personal care service line. We do need our elderly taken care of, those that

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