Addus HomeCare Appoints Michael Siegel Vice President of Information Services

January 26, 2010 at 8:00 AM EST
30-year industry veteran combines health care information services expertise with deep knowledge of home care industry

PALATINE, Ill., Jan 26, 2010 /PRNewswire via COMTEX/ -- Addus HomeCare Corporation (Nasdaq: ADUS) announced today the appointment of Michael Siegel as Vice President of Information Services. Mr. Siegel will be responsible for leading all aspects of Addus' information services operations and infrastructure. A major focus of his efforts will be enhancing the Company's existing information systems through the adoption of state-of-the-art technology platforms designed to improve the efficiency and quality of services and operations throughout the Addus enterprise.

Mark Heaney, President and Chief Executive Officer of Addus HomeCare, stated, "Michael's extensive industry experience will be invaluable to Addus as our technology infrastructure remains a critical component in enabling us to deliver industry-leading care to our more than 23,000 patients. Throughout his 30-year career, Michael has demonstrated an ability to creatively and effectively leverage new technologies to improve communication, customer service, and the overall management of the clinical, operational and financial elements of large, geographically dispersed health care organizations. We look forward to benefiting from Michael's vision and technological acumen as Addus extends its position as an innovator across all aspects of home care."

Prior to joining Addus, Mr. Siegel led MCS Associates, LLC, a healthcare IT consultancy focused on providing guidance and professional IT services to a wide variety of home care service providers and software vendors. During his tenure at MCS Associates, Mr. Siegel advised clients on a number of initiatives including software evaluation and implementation, process improvement and workflow automation, and organizational management and team building.

From 1997 to 2007, Mr. Siegel served as Chief Information Officer of Maxim Healthcare Services, a $1.5 billion home care, medical staffing and wellness company. While at Maxim, Mr. Siegel established the company's Information Services department to support its 440 branch offices in 46 states, enabling the company to achieve rapid, large scale, profitable growth through the implementation of strategic and competitively advantaged solutions.

Prior to Maxim Healthcare Services, Mr. Siegel was the Chief Information Officer at Memorial Health (formerly Memorial Medical Center), one of the largest regional health organizations in the Southeast United States. At Memorial, Mr. Siegel was responsible for implementing a wide variety of new software solutions throughout the medical center, including a wireless point-of-care system in the acute care facilities and major new system to support the operations of Memorial's 125 branch home health division.

"Adding an individual of Michael's caliber and proven industry expertise is a tremendous boon for Addus," remarked Frank Leonard, Chief Financial Officer. "His deep understanding of the home care market coupled with his passion for technology will be instrumental as Addus continues its drive to maximize efficiency and improve patient treatment across our entire enterprise."

Mr. Siegel's industry leadership also includes prior senior IT positions at Home Intensive Care, Inc., InfoMed, Inc., and Interim Services, Inc. (formerly Personnel Pool of America). Additionally, Mr. Siegel has been a featured guest speaker and panelist at several National Association for Homecare and Hospice annual meetings and is a member of the Healthcare Information and Management Systems Society and the College of Healthcare Information Management Executives.

About Addus

Addus is a comprehensive provider of a broad range of social and medical services in the home. Addus' services include personal care and assistance with activities of daily living, skilled nursing and rehabilitative therapies, and adult day care. Addus' consumers are individuals with special needs who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. Addus' payor clients include federal, state and local governmental agencies, the Veterans Health Administration, commercial insurers and private individuals. Addus has over 12,000 employees that provide services through more than 120 locations across 16 states to over 23,000 consumers.

Forward-Looking Statements

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as "continue," "expect," and similar expressions. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements, including changes in reimbursement, changes in government regulations, changes in Addus HomeCare's relationships with referral sources, increased competition for Addus HomeCare's services, increased competition for joint venture and acquisition candidates, changes in the interpretation of government regulations, and other risks set forth in the Risk Factors section in Addus HomeCare's Prospectus, filed with the Securities and Exchange Commission on October 29, 2009, and available at http://www.sec.gov/, and its Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 20, 2009. Addus HomeCare undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contact:
Carol Ruth / Amy Glynn
The Ruth Group
Phone: (646) 536-7004 /7023
Email: cruth@theruthgroup.com
Email: aglynn@theruthgroup.com

Media Contact:
Jason Rando
The Ruth Group
Phone: (646) 536-7025
Email: jrando@theruthgroup.com

SOURCE Addus HomeCare Corporation