Addus HomeCare: $35M Revenue Boost – IL & TX Rates
- Addus HomeCare Corporation (Nasdaq: ADUS) projects increased home care revenue following new budget approvals in Illinois and texas.
- Illinois finalized its 2026 fiscal budget, which includes a 3.9% increase to $30.80 per hour in the base hourly reimbursement rate.
- Texas also increased its base hourly reimbursement rate by 9.9% to $17.13 per hour in its 2026 budget.
Addus HomeCare is set for a major financial lift, anticipating roughly $35 million in added revenue, thanks to budget approvals in illinois and Texas. The primary_keyword, home care funding, is fueling this growth. Illinois is boosting its hourly reimbursement rate by 3.9% to $30.80, anticipating roughly $17.5 million in new revenue. Texas, with its 9.9% rate increase to $17.13 per hour, projects an additional $17.7 million. These strategic moves, effective January 1st and September 1st, respectively, position Addus HomeCare, a key player providing personal care services to 62,000 consumers across various states, for expansion. The secondary_keyword, revenue boost, highlights the positive impact of these changes. News Directory 3 provides insights into industry trends. CEO Dirk Allison is optimistic about the future. Discover what’s next …
Addus HomeCare Anticipates Revenue Boost from illinois, Texas Home care Funding
Updated June 13, 2025
Addus HomeCare Corporation (Nasdaq: ADUS) projects increased home care revenue following new budget approvals in Illinois and texas. The company,based in Frisco,Texas,provides personal care and hospice services to about 62,000 consumers across 23 states.
Illinois finalized its 2026 fiscal budget, which includes a 3.9% increase to $30.80 per hour in the base hourly reimbursement rate. This adjustment supports a minimum wage of $18.75 per hour for direct in-home care workers. Addus estimates this will generate about $17.5 million in annual revenue.
Texas also increased its base hourly reimbursement rate by 9.9% to $17.13 per hour in its 2026 budget. addus anticipates approximately $17.7 million in additional annual revenue from this change in Texas.
The rate increases take affect Jan. 1 and Sept. 1,respectively.
“Illinois is our largest state market for personal care services, and, with the recent acquisition of Gentiva’s personal care operations, Texas now represents our second largest state market,” said Dirk Allison, Addus HomeCare chairman and CEO.
Allison added that he was “extremely pleased” with the commitment to home care from state legislators.
Addus acquired Gentiva’s personal care assets in late 2024 for $350 million. As than, the company has been pursuing opportunities to expand its personal care offerings in Texas.
What’s next
Addus HomeCare plans to leverage the increased funding to enhance its quality of care and expand its services in both Illinois and Texas.