Addus HomeCare Corporation (NASDAQ:ADUS) Q3 2023 Earnings Call Transcript

Page 4 of 4

Brian Poff: Yes, I think Illinois obviously is going to be the most impactful one for us next year. So they’re about 40% of our business in personal care. So at four plus percent, that’s a good start on the 3% to 5% consolidated for the year. I think we’ve seen good rate support over the last couple of years from a lot of our markets. We’ve seen a lot of corresponding increases to offset some minimum wage step-up. We don’t have many of those, I think, scheduled for next year. So I think our expectation is outside of Illinois, not probably a lot on the rate side next year. I think we are getting, as Brad mentioned, really good momentum and volume – on the volume side. And we have an expectation that our markets will continue to grow both in number of clients, but also where we can maximize the fill rates from our authorizations. We’re making some headway there. We have some opportunity there on the volume side, we believe.

Joanna Gajuk: Great. Thank you so much.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Mr. Dirk Allison for any closing remarks. Please go ahead.

Dirk Allison: Thank you, operator. I want to thank you for your interest in Addus and for being part of our call today. We hope you have a great week.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

Follow Addus Homecare Corp (NASDAQ:ADUS)

Page 4 of 4