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Aveanna Healthcare Holdings Inc. - AVAH STOCK NEWS

Welcome to our dedicated page for Aveanna Healthcare Holdings news (Ticker: AVAH), a resource for investors and traders seeking the latest updates and insights on Aveanna Healthcare Holdings stock.

Aveanna Healthcare Holdings Inc. (AVAH) is a leading provider of home healthcare services in the United States. Headquartered in Atlanta, Georgia, Aveanna Healthcare brings together two of the largest providers of pediatric care in the nation - Epic Health Services and PSA Healthcare. The company operates in 33 states with a rapidly growing network of over 200 branch offices. Aveanna Healthcare specializes in delivering comprehensive care to medically fragile patients, both children and adults, through its extensive range of services.

Core Services:

  • Private Duty Services (PDS): This segment includes private duty nursing (PDN) and pediatric therapy services. The company provides highly skilled in-home nursing care, raising the standard for clinical expertise in the home care community.
  • Home Health & Hospice (HHH): Aveanna offers adult home health and hospice services, providing a high-quality, lower-cost alternative to prolonged hospitalization.
  • Medical Solutions (MS): This includes the delivery of enteral nutrition and other medical products to patients, ensuring they receive necessary medical supplies conveniently at home.

In addition to these core services, Aveanna Healthcare offers in-home aide services, respite care, school nurse services, rehabilitation, occupational therapy, and case management services. The company's goal is to provide a seamless healthcare experience by coordinating care among insurers, physicians, hospitals, and other healthcare providers.

Recent Achievements: Aveanna Healthcare has consistently expanded its operations due to overwhelming demand for quality care. The company has also been increasingly offering adult home care services, responding to the growing needs of the aging population.

Partnerships and Collaborations: Aveanna works closely with insurers, hospitals, and other healthcare providers to ensure comprehensive patient care. Its case management services play a crucial role in facilitating communication and coordination among different stakeholders in the healthcare system.

Financial Condition: Aveanna Healthcare derives its revenue primarily from pediatric healthcare services, adult home health and hospice services, and medical solutions. The company continues to focus on expanding its service offerings and improving its financial performance through strategic growth initiatives.

For the latest updates on Aveanna Healthcare Holdings Inc., including performance, events, and developments, please visit their Investor Relations section.

Rhea-AI Summary
Aveanna Healthcare Holdings Inc. announced the release date for its first quarter 2024 earnings and a conference call schedule. The results will be disclosed on May 9, 2024, followed by a conference call at 10:00 a.m. (Eastern Time) on the same day. Investors can access the call via phone or webcast.
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Aveanna Healthcare Holdings Inc. (AVAH) appoints Jerry Perchik as Chief Legal Officer and Secretary, bringing over 15 years of corporate law experience in the healthcare industry. The company aims to grow and execute strategic plans under his leadership, focusing on value-based care in the home.
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Aveanna Healthcare Holdings Inc. reported strong financial results for the fourth quarter and fiscal year 2023, with revenue reaching $478.8 million, a 6.1% increase over the previous year. The company's gross margin increased by 15.3% to $148.4 million, while the net loss decreased significantly. Adjusted EBITDA also saw a substantial growth of 30.4%. Aveanna provided guidance for full year 2024 with revenue projected between $1,960 million and $1,980 million and Adjusted EBITDA between $146 million and $150 million.
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Aveanna Healthcare Holdings Inc. (AVAH) will announce its Q4 and full-year results on March 14, 2024, followed by a conference call. Investors can access the call via phone or webcast.
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Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) appoints Matt Buckhalter as Chief Financial Officer, effective January 1, 2024. Buckhalter has over a decade of financial leadership experience in the healthcare industry, previously serving as Interim CFO and Principal Financial Officer since July, 2023. The Board of Directors and CEO Jeff Shaner express confidence in Buckhalter's ability to lead Aveanna's accounting and finance teams, emphasizing his role in executing key initiatives into 2024.
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Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH) announced Q3 2023 financial results, including a 7.9% revenue increase to $478.0 million, a 9.4% gross margin increase to $147.3 million, and a net loss of $102.4 million. Adjusted EBITDA rose 46.2% to $36.2 million. Full year 2023 revenue guidance was raised to $1,870 million to $1,880 million, with Adjusted EBITDA guidance raised to $134 million to $137 million.
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Aveanna Healthcare Holdings Inc. to release third quarter results on November 9, 2023
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Aveanna Healthcare Holdings Inc. reports Q2 2023 financial results with revenue of $471.9 million, a 6.5% increase YoY. Gross margin increased 7.0% to $155.3 million. Net income was $25.6 million, compared to a net loss of $473.9 million in the same period last year. Adjusted EBITDA was $35.8 million, a sequential increase of 25.6% and a 3.2% decrease YoY. Full year 2023 revenue guidance raised to $1,850 million to $1,860 million. Full year 2023 Adjusted EBITDA guidance raised to $132 million to $135 million.
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Aveanna Healthcare Holdings Inc. (AVAH) extends its securitization facility to July 31, 2026, providing $175 million in total availability. The amended agreement allows ample liquidity for the company to invest in growth and focus on value-based care in the home. Interim CFO, Matt Buckhalter, expressed confidence in the balance sheet and thanked credit partners for their trust.
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FAQ

What is the current stock price of Aveanna Healthcare Holdings (AVAH)?

The current stock price of Aveanna Healthcare Holdings (AVAH) is $4.63 as of November 5, 2024.

What is the market cap of Aveanna Healthcare Holdings (AVAH)?

The market cap of Aveanna Healthcare Holdings (AVAH) is approximately 873.4M.

What services does Aveanna Healthcare provide?

Aveanna Healthcare offers private duty nursing, pediatric therapy, adult home health and hospice, enteral nutrition delivery, in-home aide services, and more.

Where is Aveanna Healthcare headquartered?

Aveanna Healthcare is headquartered in Atlanta, Georgia.

How many states does Aveanna operate in?

Aveanna Healthcare operates in 33 states across the United States.

What is the main focus of Aveanna Healthcare's services?

Aveanna focuses on providing high-quality home healthcare services for medically fragile children and adults.

Does Aveanna Healthcare offer services for adults?

Yes, Aveanna Healthcare provides adult home health and hospice services, along with other medical solutions.

What is included in Aveanna's Private Duty Services?

Private Duty Services include private duty nursing (PDN) and pediatric therapy services.

How does Aveanna Healthcare assist in care coordination?

Aveanna offers case management services to coordinate care between insurers, physicians, hospitals, and other healthcare providers.

What recent achievements has Aveanna Healthcare made?

Aveanna has seen rapid expansion due to high demand for its quality care and has also increased its adult home care service offerings.

What role does Aveanna play in the healthcare system?

Aveanna provides a high-quality, lower-cost alternative to prolonged hospitalization through its comprehensive home healthcare services.

Where can I find the latest news about Aveanna Healthcare?

For the latest updates, visit the Investor Relations section on Aveanna's website at https://ir.aveanna.com/.

Aveanna Healthcare Holdings Inc.

Nasdaq:AVAH

AVAH Rankings

AVAH Stock Data

873.38M
193.23M
5.8%
88.29%
0.64%
Medical Care Facilities
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United States of America
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