Industry Note:
Private Duty Chain Makes NM Buy, Including Hospice
Published on Fri Mar 09, 2018
Addus HomeCare Corp. has agreed to purchase Ambercare Corporation Inc., a provider of personal care, hospice, and home health services, headquartered in Albuquerque, New Mexico, for $40 million. Ambercare currently serves about 2,600 consumers through 15 locations located across New Mexico and for 2017, generated revenue of about $57 million, the Frisco, Texas-based chain says in a release. Addus provides [...]