Announced

Completed

Addus HomeCare completed the acquisition of Priority Home Health Care.

Synopsis

Addus HomeCare, a provider of home- and community-based services to old and young disabled individuals in the United States, completed the acquisition of Priority Home Health Care, a provider of home care and managed care services. Financial terms were not disclosed. "We are pleased to announce the purchase of Priority Home Health Care, which substantially expands our footprint in Ohio, a state we first entered a year ago through the acquisition of two locations from Medical Services of America. Ohio is on the forefront of transitioning its Medicaid long-term care programs to managed care organizations, and all of Priority's offices are located in areas designated for participation in the state's dual eligible demonstration pilots. This transaction is consistent with our overall acquisition strategy of both expanding our footprint in existing states and focusing our efforts in states implementing or planning the near-term transition of care for this population to MCOs, which we believe represents a significant long-term growth opportunity for Addus. We are pleased to have this well respected organization, its leadership and all the employees of Priority Home Health Care join the Addus team," Mark Heaney, Addus HomeCare President and CEO.

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MergerLinks - Addus HomeCare completed the acquisition of Priority Home Health Care.