Core Viewpoint - Addus HomeCare Corporation will participate in the Jefferies 2025 Healthcare Services Conference, indicating its engagement with industry stakeholders and potential for future growth [1] Company Participation - Dirk Allison, Chairman and CEO, and Brian Poff, Executive Vice President and CFO, will represent the company at the conference [1] - The event is scheduled for September 29 - 30, 2025, in Nashville, Tennessee [1] Presentation Details - There will be a live broadcast and replay of the company's presentation during the conference [1]

Group 1 - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 11.28% and a net return of 11.02% in Q2 2025, underperforming the Russell 2000 Growth Index which returned 11.97% [1] - The fund's performance was attributed to double-digit returns in equities driven by global economic activity [1] - The top five holdings of the fund were highlighted as key picks for 2025 [1] Group 2 - Addus HomeCare Corporation (NASDAQ:ADUS) provides personal care services and reported a one-month return of -2.37% and a 52-week loss of 13.64% [2] - As of September 11, 2025, Addus HomeCare's stock closed at $112.38 with a market capitalization of $2.069 billion [2] - In Q2 2025, Addus HomeCare reported total revenue of $349.4 million, marking a 21.8% increase compared to Q2 2024 [4] Group 3 - TimesSquare Capital expressed a preference for Health Care stocks that provide novel therapies or specialized services, noting Addus HomeCare's 16% rise due to solid Q1 results [3] - The personal care segment of Addus HomeCare is highlighted as a bright spot, benefiting from stable volumes and favorable rate increases [3] - Despite the potential of Addus HomeCare, the company is not among the 30 most popular stocks among hedge funds, with 16 hedge fund portfolios holding its stock at the end of Q2 2025, down from 24 in the previous quarter [4]

Core Viewpoint - Clariane has successfully completed its financial restructuring plan ahead of schedule by disposing of its Petits-fils home care services network for €345 million, contributing to a total asset disposal program of €1 billion aimed at strengthening its financial structure [1][2]. Group 1: Financial Restructuring - The disposal of the Petits-fils network was finalized six months earlier than planned, marking a significant step in Clariane's strategy to enhance its financial stability [2]. - The asset disposal program, which totaled €1 billion, was executed with favorable terms, achieving an average EBITDA multiple of approximately 14x, thereby improving the company's balance sheet [2]. Group 2: Petits-fils Overview - Petits-fils, established in 2007, provides high-quality home services for the elderly, including independent living and administrative assistance, and has expanded from 58 branches in 2018 to 292 branches serving nearly 39,000 individuals in France by 2024 [3]. - In 2024, Petits-fils contributed €56 million to Clariane Group's revenue [3]. Group 3: Future Prospects - The acquisition by Crédit Agricole Santé & Territoires is expected to support Petits-fils' continued development, leveraging Crédit Agricole's strong local presence [4]. - Clariane's CEO highlighted the successful execution of the financial restructuring plan amidst a challenging financial environment, which has significantly improved the company's financial position and access to financing [4].

Core Insights - Crédit Agricole Santé & Territoires has signed an agreement to acquire Petits-fils, the leading provider of at-home services for seniors in France, which will position the company as a leader in this sector [1][5] - The acquisition is part of Crédit Agricole's strategy to diversify its offerings in health and aging support, aiming to improve access to healthcare and support the aging population [5][7] Company Overview - Crédit Agricole Santé & Territoires is a subsidiary of the Crédit Agricole Group, focused on expanding healthcare services and addressing societal challenges related to healthcare access and aging [7] - Petits-fils, founded in 2014, has rapidly grown to become the largest provider of at-home services for seniors in France, operating over 290 branches and employing more than 11,000 care workers [8] Market Dynamics - The French population aged over 75 is projected to grow by 60% by 2040, with 90% of this demographic expected to continue living at home, indicating a significant market opportunity for at-home services [2] - Petits-fils has experienced exceptional growth, operating at twice the rate of the broader at-home services industry, highlighting its strategic appeal to Crédit Agricole Santé & Territoires [3] Financial Details - The acquisition of Petits-fils is valued at €345 million, with an estimated equity value at closing of approximately €255 million, and is expected to have a limited impact on the CET1 ratios of Crédit Agricole S.A. and the Crédit Agricole Group [5][6] Strategic Partnerships - Clariane SE and Crédit Agricole Santé & Territoires plan to establish a nationwide partnership to enhance support services for caregivers and dependent individuals [4]

Summary of Aviana Healthcare Conference Call Company Overview - **Company**: Aviana Healthcare - **Industry**: Home Care Services - **CEO**: Jeff Shaner - **CFO**: Matt Buckhalter - **Key Focus**: Strategic transformation and growth in home care services, including pediatric, adult, and geriatric care [3][5] Core Insights and Arguments - **Market Position**: Aviana is a leading national provider of home care services with over 340 locations across 34 states, serving over 80,000 patients weekly [4][6] - **Growth Strategy**: The company aims to enhance partnerships with government and preferred payers, identify cost efficiencies, modernize medical solutions, manage capital structure, and engage employees [10][12][13] - **Revenue Growth**: Aviana expects 2025 revenue to exceed $2.15 billion and adjusted EBITDA to exceed $207 million, reflecting a strong growth trajectory [8] - **Preferred Payer Agreements**: The goal is to increase preferred payer agreements from 22 to 30 by 2025, with a current mix of 54% in managed care organization volumes [14][15] - **Episodic Payer Mix**: The company aims to maintain an episodic payer mix above 70%, achieving 77% in Q1 2025 [19] Financial Performance - **Q1 Financials**: Revenues rose 14% year-over-year, with private duty services leading at 16.5% organic growth [27] - **Adjusted EBITDA**: Increased by 93.1% year-over-year to $67.4 million, driven by payer relations and government affairs strategies [28] - **Capital Structure**: Maintains liquidity of over $260 million and has $1.47 billion in variable rate debt, mostly hedged [29][30] Strategic Initiatives - **Acquisition Plans**: Recently announced plans to acquire Thrive Skilled Pediatric Care, expanding pediatric services into New Mexico and Kansas [6][7] - **Value-Based Agreements**: Focus on enhancing reimbursement rates and adding value-based agreements to improve clinical outcomes and attract caregivers [16] - **Legislative Advocacy**: Aiming to improve reimbursement rates in at least 10 states and advocate for Medicaid rate integrity for children with complex medical conditions [17][18] Additional Important Points - **Demand for Services**: The industry does not face a demand problem, with strong interest from state and federal governments for home and community-based care solutions [13] - **Long-Term Outlook**: Aviana is optimistic about its future, emphasizing cost-effective, patient-preferred solutions that align with payer and government interests [22][31]

Core Insights - Homethrive targets individuals balancing work and family caregiving, aiming to reduce caregiving costs and alleviate caregiver burdens while enhancing work-life-care balance [1] - The company has experienced a fourfold growth since 2022, driven by increasing demand from employers and health plans for caregiving support [1] - In November 2024, Homethrive completed a funding round exceeding $20 million, which will be used to expand B2B partnerships and enhance technology, particularly AI applications [1] Unique "Human-Machine Hybrid" Model - Homethrive's innovation lies in its "human-machine deep integration" model, combining professional caregiving services with an intelligent technology platform [1][2] - The technology platform serves as an "empowerment tool," streamlining caregiving coordination while Care Guides provide personalized guidance and emotional support [2] Cost Savings for Caregivers and Businesses - Homethrive helps caregivers identify potential savings opportunities across various resources, including insurance, benefits, and community support [8] - The company primarily adopts a B2B sales model, packaging its services as value-added employee benefits funded by employers and health plans, ensuring stable revenue [8][9] Evolution from Service to Support Model - The founders' experiences caring for their parents inspired the creation of Homethrive, which has evolved from a service-oriented model to a technology-driven hybrid platform [10][13] - The early phase (2018-2020) focused on direct support through Care Guides, while the expansion phase (2020-2024) emphasized technology development to reach a larger audience [10][11][14] Competitive Landscape - Homethrive operates in a competitive caregiving support service market, with various players offering different service models and core advantages [16] - Competitors like Cariloop and Family First focus on resource integration and specialized guidance, while Homethrive emphasizes personalized navigation and comprehensive support [18][19] Localization Potential in China - While Homethrive's model has been validated in the U.S., replicating it in China faces localization challenges, including employer willingness to pay for caregiving benefits and a fragmented service market [27] - However, the core concept of providing professional guidance and resource coordination aligns well with the needs of Chinese families facing complex caregiving situations [27]