Addus HomeCare Corp (FRA:A41)
€ 106 -1 (-0.93%) Market Cap: 1.97 Bil Enterprise Value: 2.04 Bil PE Ratio: 29.21 PB Ratio: 2.66 GF Score: 95/100
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Addus Homecare Corp at Oppenheimer Healthcare Conference Transcript

Mar 19, 2019 / 02:55PM GMT
Release Date Price: €57.8 (+2.08%)
Mike Wiederhorn
Oppenheimer & Co. - Analyst

Welcome to the conference. I am Mike Wiederhorn. It is my pleasure to have Addus HomeCare: Chief Executive Officer Dirk Allison and Chief Financial Officer Brian Poff.

So we will jump right into it. I will start off with kind of a question that you've probably been hearing every day for the last six, nine months. Give us an update on Illinois in terms of the bill, what is the likelihood that you receive the offset in July, and are you concerned about that going forward?

Dirk Allison
Addus HomeCare Corporation - President and CEO

Well, you know, any time you are dealing with site government, you are optimistic but realize that until the bill is actually passed and signed that you can't count on it.

That being said, we've spent a lot of time in the last few weeks visiting with the leadership of the state. We do have a bill before the Senate and before the House that would give us an increase which would cover last year and the upcoming minimum wage increase. We are very excited about the

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