Industry Bulletins | October 19, 2021
Addus HomeCare Completes Acquisition Of Summit Home Health In Illinois
Addus HomeCare Corporation, which provides home care services in 22 states acquired Summit Home Health, LLC (Summit) effective October 1, 2021. Financial terms were not disclosed. Summit currently serves an average daily census of approximately 240 patients for skilled home health services, with primary coverage in the 14 counties in and around Chicago, Illinois. Summit currently has annualized revenues of approximately $7.0 million.
Addus HomeCare provides home care services that primarily include personal care services that assist with activities of daily living, as well as hospice and home health services. The company works with payers including federal, state, and . . .