Pivotal Point Tracking Aveanna Healthcare (AVAH): Home Care Specialist Raises Revenue Forecast to Up to $2.05 Billion
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Aveanna Healthcare provides home healthcare and therapies for children with complex medical needs as well as adults. With over 30,000 caregivers, the US service provider delivers care directly in patients' familiar environments. The company benefits from demographic changes, a shortage of skilled workers in clinics, and a strong trend towards more cost-effective home care. The stabilization of the nursing staff and improved reimbursement rates from states are driving the margins. On August 13, a strong report for Q2 triggered a surge in the stock...
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