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Addus HomeCare Promotes Monica Raines To Executive Vice President, Chief Compliance and Quality Officer

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Addus HomeCare Corporation (NASDAQ: ADUS) announced the promotion of Monica Raines to Executive Vice President, Chief Compliance and Quality Officer, effective March 1, 2022. With over 20 years of experience in healthcare compliance and law, Raines has been with Addus since 2016. CEO Dirk Allison expressed confidence in her ability to lead compliance efforts as the company continues to grow and expand its market reach. Addus HomeCare provides essential home care services to around 45,000 consumers across 211 locations in 22 states.

Positive
  • Monica Raines promoted to a senior leadership position, enhancing compliance and quality oversight.
  • Raines brings extensive healthcare compliance experience, strengthening regulatory adherence.
  • Addus has experienced significant growth and success under Raines' prior contributions.
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FRISCO, Texas--(BUSINESS WIRE)-- Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Monica Raines has been promoted to Executive Vice President, Chief Compliance and Quality Officer, effective March 1, 2022.

Ms. Raines brings over 20 years of experience advising healthcare companies to this position, with 10 years of work dedicated to compliance in the provider setting. She joined Addus in 2016 and previously served as Senior Vice President, Chief Compliance and Quality Officer. Prior to joining the Company, Raines served as Chief Compliance Officer and General Counsel for a large provider of mail order durable medical equipment and pharmaceutical products and began her career at a nationally recognized law firm. She holds a B.A. and J.D. from Southern Methodist University.

Commenting on the announcement, Dirk Allison, Chairman and Chief Executive Officer, said, “We are delighted to promote Monica Raines to this important senior leadership role at Addus. She brings the right combination of direct compliance experience and regulatory legal background to this position as well as a strong working knowledge of our operations. Addus has experienced tremendous growth and success since she joined the Company and we are pleased to recognize her important contributions. As a leading provider of essential home care services, we understand the critical need for offering safe, quality care that meets healthcare regulatory requirements and protects the privacy of our patients. We are confident we will benefit from Monica’s ongoing insight and expertise as we continue to execute our growth strategy and extend our market reach.”

About Addus HomeCare

Addus HomeCare is a provider of home care services that primarily include personal care services that assist with activities of daily living, as well as hospice and home health services. Addus HomeCare’s consumers are primarily persons who, without these services, are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Addus HomeCare’s payor clients include federal, state and local governmental agencies, managed care organizations, commercial insurers and private individuals. Addus HomeCare currently provides home care services to approximately 45,000 consumers through 211 locations across 22 states. For more information, please visit www.addus.com.

Brian W. Poff

Executive Vice President,

Chief Financial Officer

Addus HomeCare Corporation

(469) 535-8200

investorrelations@addus.com

Dru Anderson

CCI FINN Partners

(615) 324-7346

dru.anderson@finnpartners.com

Source: Addus HomeCare Corporation

FAQ

Who is the new Executive Vice President of Addus HomeCare?

Monica Raines has been promoted to Executive Vice President, Chief Compliance and Quality Officer.

When did Monica Raines' promotion at Addus HomeCare take effect?

Her promotion took effect on March 1, 2022.

What experience does Monica Raines have relevant to her new role?

Monica Raines has over 20 years of experience in healthcare compliance, including 10 years dedicated to compliance in the provider setting.

How many consumers does Addus HomeCare serve?

Addus HomeCare provides services to approximately 45,000 consumers.

In how many states does Addus HomeCare operate?

Addus HomeCare operates in 22 states.

Addus HomeCare Corp.

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