Addus HomeCare CFO Flags Medicaid Rate Outlook, Gentiva Deal Progress, and M&A Pipeline at Conference
Poff emphasized that Medicaid rate increases are not automatic and depend on state budget cycles and legislative decisions. He highlighted Addus’ three largest markets—Illinois, Texas, and New Mexico—as each operating on different fiscal-year cadences.According to Poff, the company focused early on building the desired cost structure and then moved “pretty quickly into M&A and growth.” Over time, Addus added scale and expanded into clinical services in certain markets where it already had a strong personal ...