Business
Addus HomeCare Announces Continuation Of Its Services In California, New York And Illinois
Shelter In Place Will Not Require Suspension Of These Important Services FRISCO, Texas, March 23, 2020 /PRNewswire/ -- Addus HomeCare Corporation (Nasdaq:
About this update from Addus Homecare Corporation
[{"type":"text","content":"Shelter In Place Will Not Require Suspension Of These Important Services\n\n\nFRISCO, Texas, March 23, 2020 /PRNewswire/ -- Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that it will continue providing its services in California, New York and Illinois even after the recently announced \"shelter in place\" orders from those states. The Company also anticipates that it will be exempted from the scope of similar restrictions other states may implement as the U.S. Department of Homeland Security has advised that it views home care and hospice staff as members of the country's Essential Critical Infrastructure Workforce. \nDirk Allison, President and Chief Executive Officer of Addus HomeCare, stated, \"Addus provides personal care services that are crucial in allowing individuals to remain in their homes. Governmental authorities have recognized that these services should continue because they deem them essential in nature. We will keep working, prioritizing the safety and health of our customers and employees. We recognize and enormously appreciate the contributions of our caregivers and those of home care workers across our industry. Their service during this important time will enable many elderly and vulnerable individuals to avoid the risks found in settings outside of their homes.\"\nForward-Looking StatementsCertain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as \"continue,\" \"expect,\" \"anticipates,\" and similar expressions. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements, including discretionary determinations by government officials, the consummation and integration of acquisitions, anticipated transition to managed care providers, our ability to successfully execute our growth strategy, unexpected increases in SG&A and other expenses, expected benefits and unexpected costs of acquisitions and dispositions, management pl...