Pediatric and adult healthcare services

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Aveanna to Participate at the Deutsche Bank Healthcare Summit
Globenewswire· 2025-08-19 11:30
Company Overview - Aveanna Healthcare Holdings Inc. is headquartered in Atlanta, Georgia and operates in 38 states, providing a wide range of pediatric and adult healthcare services [2] - Services include nursing, rehabilitation, occupational nursing in schools, therapy services, day treatment centers for medically fragile and chronically ill patients, home health and hospice services, and delivery of enteral nutrition [2] - The company also offers case management services to coordinate care among insurers, physicians, hospitals, and other healthcare providers, as well as respite healthcare services for temporary caregiver relief [2] Upcoming Events - The management team of Aveanna will attend the Deutsche Bank Healthcare Summit in New York on September 10, 2025, and will host one-on-one investor meetings on that day [1]
Aveanna Healthcare Holdings Announces Second Quarter Financial Results and Revised 2025 Outlook
Globenewswire· 2025-08-07 10:30
Second Quarter Revenue was $589.6 million, a 16.8% increase over the prior year periodSecond Quarter Net income was $27.0 million, a 94.3% increase over the prior year periodAdjusted EBITDA for Q2 2025 was $88.4 million, a 93.6% increase over the prior year periodIncreased Full Year 2025 Revenue guidance greater than $2.3 billion, updated from greater than $2.15 billion Increased Full Year 2025 Adjusted EBITDA guidance greater than $270 million, updated from greater than $207 million ATLANTA, Aug. 07, 2025 ...
Aveanna Announces Second Quarter 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-07-17 10:30
Company Announcement - Aveanna Healthcare Holdings Inc. will release its second quarter results before the market opens on August 7, 2025 [1] - A conference call will follow at 10:00 a.m. (Eastern Time) on the same day [1] Conference Call Details - The conference call can be accessed by dialing 1-877-407-0789 for domestic callers and 1-201-689-8562 for international callers [2] - A replay of the call will be available three hours after it concludes, accessible at 1-844-512-2921 for domestic and 1-412-317-6671 for international callers, with a passcode of 13754011 [2] - The replay will be available until August 14, 2025 [2] Webcast Information - Interested parties can listen to a simultaneous webcast of the conference call via the Investor Relations section of the company's website [3] - The online replay will be available for one week following the call [3] Company Overview - Aveanna Healthcare is headquartered in Atlanta, Georgia, and operates in 36 states, providing a wide range of pediatric and adult healthcare services [4] - Services include nursing, rehabilitation, occupational nursing in schools, therapy services, day treatment centers, home health and hospice services, and delivery of enteral nutrition [4] - The company also offers case management services to coordinate care among insurers, physicians, hospitals, and other providers, as well as respite healthcare services for caregivers [4] - The services aim to provide high-quality, lower-cost alternatives to prolonged hospitalization [4]
Aveanna Healthcare Holdings Completes Acquisition of Thrive Skilled Pediatric Care
Globenewswire· 2025-06-04 11:30
Core Viewpoint - Aveanna Healthcare Holdings Inc. has completed the acquisition of Thrive Skilled Pediatric Care, enhancing its position in the pediatric home care market and expanding its service offerings into new states [1][2][3]. Company Overview - Aveanna Healthcare is a diversified home care platform providing services to medically complex, high-cost patient populations, with a presence in 36 states [7]. - The company offers a wide range of healthcare services, including nursing, rehabilitation, therapy, and case management, aimed at providing high-quality, lower-cost alternatives to prolonged hospitalization [7]. Acquisition Details - Thrive SPC is one of the largest independent providers of pediatric home care, operating 23 locations across seven states [2]. - The acquisition is expected to create significant growth opportunities for Aveanna, reinforcing its commitment to clinical excellence and compassionate care [3]. - The deal was financed through a combination of common stock and cash [3]. Strategic Implications - The integration of Thrive SPC is anticipated to enhance Aveanna's existing footprint and introduce its specialized care model into two new states [2][3]. - The acquisition aligns with Aveanna's strategic mission to lead in delivering high-quality care while providing value and clinical innovation to payors and stakeholders [3]. Advisory and Legal Support - Edge Healthcare Partners acted as the financial advisor for Aveanna, while Cantor Fitzgerald & Co. served as the financial advisor for Thrive SPC [4]. - Legal counsel for Aveanna was provided by Bass, Berry & Sims, and Ropes & Gray LLP represented Thrive SPC [4].
Aveanna Healthcare Holdings Announces First Quarter Financial Results and Revised 2025 Outlook
Globenewswire· 2025-05-08 10:30
Core Insights - Aveanna Healthcare Holdings Inc. reported strong financial results for Q1 2025, with revenue growth of 14.0% and adjusted EBITDA growth of 93.1% compared to the same period last year [2][8][10] - The company is optimistic about its strategic transformation and has raised its full-year 2025 revenue guidance to over $2.15 billion and adjusted EBITDA guidance to over $207 million [10][11] Financial Performance - Revenue for the three-month period ended March 29, 2025, was $559.2 million, up from $490.7 million for the same period in 2024, representing an increase of $68.6 million [3][30] - Gross margin increased to $183.6 million, or 32.8% of revenue, compared to $145.9 million, or 29.7% of revenue, for the prior year, marking a 25.9% increase [4][30] - Net income for the quarter was $5.2 million, a significant turnaround from a net loss of $11.2 million in the same quarter of 2024 [5][31] - Adjusted EBITDA reached $67.4 million, or 12.0% of revenue, compared to $34.9 million, or 7.1% of revenue, for the same period last year, reflecting a 93.1% increase [6][30] Segment Performance - The PDS segment saw a revenue increase of $65.0 million, while the HHH and MS segments contributed $2.1 million and $1.5 million increases, respectively [3][30] - The Field contribution margin improved to 16.5% from 11.8% year-over-year, indicating enhanced operational efficiency [30][34] Cash Flow and Liquidity - As of March 29, 2025, the company had cash of $71.5 million and an incremental borrowing capacity of $56.2 million under its securitization facility [9][29] - Free cash flow for the quarter was $(12.9) million, reflecting cash used in operating activities of $(8.6) million [9][24] Strategic Outlook - The company emphasizes the importance of government and payor partnerships in driving core volume growth and clinical outcomes [2][10] - Aveanna's management is confident in the company's trajectory, citing strategic cost reductions and improved reimbursement rates as key drivers of performance [10][11]