Addus HomeCare Corp (NAS:ADUS)
$ 105.75 +0.56 (+0.53%) Market Cap: 1.97 Bil Enterprise Value: 2.01 Bil PE Ratio: 19.55 PB Ratio: 1.77 GF Score: 93/100

Addus Homecare Corp at Bank of America Global Healthcare Conference Transcript

May 12, 2026 / 11:40 PM GMT
Release Date Price: $98.49 (+0.72%)


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ADUS.OQ - Addus Homecare Corp
Addus Homecare Corp at Bank of America Global Healthcare Conference
May 12, 2026 / 11:40PM GMT

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Presentation
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Unidentified_1 [1]
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Okay, 10 of which is CEO, and then before that on the board, I've seen maybe one or two instances where a state tried to reduce the hours of care for new clients coming on board. And typically, that doesn't last very long, and they kind of move back up to the norm, which is about 60 to 70 hours a month.

I think I've seen two states, I think probably since Brian and Bob both have been here over that 10-year period, we saw two states try to reduce. By 3, 4%, their personal care rates that lasted less than 90 days.

Because people realize that if you can't hire people to take care of those folks and keep them in their home, they are going to go to a higher level of care. So, again, I do want to -
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