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Addus (ADUS) continues to execute on its strategy of 3-5% organic growth and growth via strategic acquisitions. The company has a small, but leading position in the massive $60 billion personal care services ((PCS)) market. It also has an even tinier, but growing share of the $17 billion hospice market thanks to a recent acquisition.
A recent acquisition bolstered the company's presence in hospice. And federal policy permitting Medicare Advantage plans to offer PCS is broadening the addressable market for a service that had traditionally been confined to Medicaid.