Addus HomeCare completed the acquisition of Hospice Partners of America for $130m.

Addus HomeCare, a provider of comprehensive home care services, completed the acquisition of Hospice Partners of America, a multi-state provider of hospice services, headquartered in Birmingham, Alabama, for $130m. Hospice Partners of America currently serves an average daily census of approximately 1k patients through 21 locations across Idaho, Kansas, Missouri, Oregon, Texas and Virginia with annualized revenue of approximately $55m. "We are very pleased to announce our agreement to purchase Hospice Partners of America, an established provider of hospice services in multiple states. This acquisition is consistent with, and supports our strategy of adding hospice services in markets where we already have a personal care presence." Dirk Allison, Addus President and Chief Executive Officer.