Addus HomeCare To Acquire Queen City Hospice

Addus HomeCare Corporation, which provides home care services, signed a definitive agreement to acquire Queen City Hospice, LLC, and its affiliate Miracle City Hospice, LLC (together "Queen City Hospice"). Addus HomeCare agreed to pay $192.0 million in cash. The estimated closing date was not stated. Based in Cincinnati, Ohio, Queen City Hospice currently serves an average daily census of approximately 900 patients across the state of Ohio, including patients in the Cincinnati, Columbus, and Dayton markets.

Based in Frisco, Texas, outside of Dallas, Addus HomeCare is a provider of home care services that primarily include personal care services that . . .