Addus HomeCare 8K It is the primary mission of Addus HealthCare to improve the health and well | ADUS 13 Jun 12

Sidoti & Company

Investment Conference

June 2012

Exhibit 99.1

Mission Statement

It is the primary mission of Addus HealthCare to improve the health and well

being of our consumers through the provision of quality, cost-effective health

care services.

We will accomplish our goals by fostering an environment in which our

employees enthusiastically support and advance our mission.

Reward for accomplishing our mission includes pride in our organization,

contribution to the community and a reasonable profit.

Forward-Looking Statements

The following information contains, or may be deemed to contain, forward-looking

statements. By their nature, forward-looking statements involve risks and uncertainties

because they relate to events and depend on circumstances that may or may not occur

the future. The future results of Addus may vary from the results expressed in, or

implied by, the following forward-looking statements, possibly to a material degree, and

historical results may not be an indication of future performance. For a discussion of

some of the important factors that could cause Addus' results to differ from those

expressed in, or implied by, the following forward-looking statements, please refer to

Addus’ most recent Annual Report on Form 10-K, and its Quarterly reports on Form

10-Q, each of which is available at www.SEC.gov, particularly the Sections entitled

“Risk Factors”. Addus undertakes no obligation to update or revise any forward-looking

statements, except as may be required by law.

About Addus

Founded in 1979

Comprehensive provider of social and medical

services in the home, focused primarily on the

Dual Eligible population:

Personal Care

Home Health

Private Duty

Adult Day Service

13,000+ employees

26,000+ consumers (many dual eligible)

Diversified payor base (200+ payors)

Largest

payor

43%

2011

total

revenues

Medicare -

12% of 2011 total revenues

2011 revenues of $273.1 million and Adjusted

EBITDA

of $15.2 million

_____________________________________

118 Locations Across 19 States

Note:

Adjusted EBITDA is defined as earnings before goodwill and intangible asset impairment charge, revaluation of contingent consideration, net interest

(income) expense, taxes, depreciation, amortization, and stock-based compensation expense. Adjusted EBITDA is a performance measure used by

management that is not calculated under generally accepted accounting principles in the United States (GAAP). It should not be considered in

isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP.

Average Census and Revenue Trends

Revenues

(millions)

Average Census

(# of clients)

Our Clients

Facts: Nearly

75%

those

who

live

will

eventually

need

assistance

home.

Approximately 50% of US healthcare spending is concentrated in 5% of the population.

97% of healthcare spending is concentrated on 50% of the population.

Addus provides care for the 5% of the population that is the most costly!

Source: Kaiser Family Foundation calculations using data from U.S. Department of Health and Human Services,

Agency for Healthcare Research and Quality, Medical Expenditure Panel Survey (MEPS), 2007

Addus Client Profile and Economics

Note: Data as of December 31, 2011

(1)

Home & Community revenues for the calendar year 2011 of $221.5 million divided by average weekly census for 2011 of 22,786 divided by 12 months multiplied by 20 months.

(2)

Based on average Medicare revenues per episode completed for calendar 2011 of $2,399 and average length of service of 2.7 months.

(3)

Gross Margin as a percentage of revenue base on the year ended December 31, 2011.

Home &

Home

Community

Health

Average length of Service

20 months

2.7 months

Average Reimbursement per Client

$16,199

(1)

$3,199

(2)

Gross Profit per Client Episode

$4,244

$1,468

Gross Margin Percentage

26.2%

45.9%

Trends & Preferences

10,000 Americans Turn 65 Every Day!

U.S. Population Age 65 +

(Millions))

Delivery of Care Preferences Age 50+

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

2000

2010

2020

2030

2040

2050

13%

87%

Everyday Activities

Institutional Care

Home Care

27%

73%

24-Hour Help

Institutional Care

Home Care

Source: Wan He, Manisha Sangupta, Victoria A. Velkoff and Kimberly A. DeBarros.

National Institute on Aging Report: “ 65+ in the United States:

2005,” (December 2005).

Source: Mary Jo Gibson. AARP Public Policy Institute: “ Beyond 50 2003: A Report to the Nation on

Independent Living and Disability,” http://assets.aarp.org/rgcenter/il/beyond_50_il_1.pdf. Note: Home

Care includes care administered in the home by friends, family, or an agency. Institutional care includes

care that is provided in an assisted living or residential setting, nursing home or other.

Growth in Long-Term Care Expenditures

SOURCE: KCMU and Urban Institute analysis of HCFA/CMS-64 data. June 2011

Medicaid

Long

Term

Care

Expenditures

Medicaid Spending per

Beneficiary

Source: Kassner, Reinhard, Fox-Grage, Houser, Accius,

Coleman and Milne. AARP Public Policy Institute: “A

Balancing

Act:

State

Long-TermCare

Reform,

”July2008

$0.00

$10.00

$20.00

$30.00

$40.00

$50.00

$60.00

$70.00

$80.00

1990

1995

2000

2002

2004

2006

2008

2009

Institutional Care Expenditures

(Billions)

Home & Community Based Services Expenditures

(Billions)

$24,500

$9,200

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

Nursing Home

Home Care

Current Market Opportunity

$200 -

$210 billion

$70 -

$75 billion

Home Care Market

Long-Term Care Market

Social

Funding

Medical

Funding

Source: Company estimates based on: Georgetown University Long-Term Care Financing Project. “Medicare and Long-Term Care,” (February 2007), http://ltc.georgetown.edu/pdfs/medicare0207.pdf and

Center for Medicare and Medicaid Services. “National Health Expenditure Projections 2008-2018,” http://www.cms.hhs.gov/NationalHealthExpendData/downloads/proj2008.pdf, and MedPAC. “A Data Book:

Healthcare spending and the Medicare program: June 2010,” http://www.medpac.gov/chapters/Jun09DataBookSec9.pdf.

Addus Positioned to Excel Under Healthcare Reform

Addus Dual Advantage SM

“The Pre-Acute Solution . . . .

the

Post-Acute

Problem”

Dual Eligible –

What is the Opportunity?

Medicare Program

Medicaid Programs

Pilot Program Features / Objectives

Sources: Kaiser Commission on Medicaid and the Uninsured, May 2011

Populations 65+ years

Hospital Services (Part A)

Post Acute Care SNF / Rehab

Duals Represent 36% of Total Medicare

Spending

Professional Services (Part B)

Post acute Home Care Services

Prescription Services (Part D)

Populations 65+ years w Income limits

Home Based Personal Care

Long term Nursing Home Care

Duals Represent 39% of Total Medicaid

Spending

70% of Medicaid Spending is for Long Term

Care

Total $300 Billion in annual spending for dual eligible enrollees in 2007

Funding for both programs administered through the States

26 States have indicated they will participate over the next 3 years

Each State will decide on the size, nature and timing of the pilots

Approximately 3.2 million covered lives of an estimated 9 million lives to be in pilots

Bids are being solicited from multiple “Managed Care Companies”

Health Plan Secondary Objectives:

Keep member functioning in the home environment

Avoid / lower the cost for Acute Care services

Stated Objectives - Eliminate service duplication / streamline administration

MCO Plans/Programs

already implemented

2013 Implementation

Plans

2014 Implementation

Plans

No Implementation

Plans

Addus location(s)

Dual Eligible Programs –

State Strategies

Source: Kaiser Commission on Medicaid and the Uninsured, May 2012

The Current Delivery System

LOW

HIGH

Home

Personal

Care

Services

Home Health

Care

Services

PCP

Outpatient

Health Home

Skilled

Nursing &

Inpatient

Rehab

Long-Term

Acute Care

Facility

Acute Care

Hospital

COSTS

•

The current system "silos" provide care with little communication between the pre and post-acute

disciplines, resulting in a lack of continuity, which means great opportunity to improve outcomes

•

Existing infrastructure fails to manage the Member along the pre-acute continuum

Low Health Care Costs

High

“Pre-acute Continuum”

Health Plan’s Nightmare -

$9,200 vs. $93,000

In-Home Personal

Care

$9,200/year

Emergency

Room

$1,700/visit

Acute Care Hospital

$37,500/stay

Rehab Facility

$28,500/stay

Nursing Home

$24,000/year

Vs.

Ambulance

$1,000/ride

Total Episodic Cost

& one-year of

Nursing Home

$92,700

Sources: Consumer Health Ratings.com

CMS.gov

Addus

Home

Care Aide

Addus Home

Health

Clinicians

Addus

Call

Center

Primary

Care

Physician

Health Plan

Case

Manager

Advocacy

Groups

Pharmacy

Family

Community

Resources

Home Care -

Integrated Clinical Strategy Begins In The Home

The Addus Difference –

Integrated Pre-Acute Services

•

Continuous monitoring of client / member medical

condition(s)

•

Coordination of medical care with healthcare team

•

Early identification of disease processes

•

Early intervention / lower costs

•

Reduced pain and suffering

•

Improved quality of life

•

Lower costs

Addus Integrated Pre-Acute Services:

The Addus Difference –

A Care Management Extension Model

Results

. . . and the results are!

Results -

Home Care Programs Improve Outcomes

Source: CCP Cost Effectiveness: Comparison of CCP growth with Nursing Facility Prevalence Reductions

HCBS Strategies Inc. February 10, 2010

Illinois Residents Age 75+

Total vs. Nursing Home Population

HCBS Strategies: Illinois Study Reveals Significant Savings

Conclusions:

Over a 28-year period, corresponding to

the development of the State’s

“Community Care” Home Care Program:

•

The nursing home population of

residents over age 75 declined by

8% in spite of the total 75+ population

increasing by 54%.

•

The study suggests that 2008 State

and Federal annual Nursing Home

Savings in Illinois equated to $799

million

Results -

Home Care Programs Improve Outcomes

Source: Coming of Age: Tracking the Progress and Challenges of Delivering Long-Term Services and Supports in Ohio

Scripps Gerontology Center, Miami University of Ohio, June 2011

Conclusions:

Over a 12-year period corresponding

to the State’s “Passport”

Home Care

Program:

Ohio Residents Age 60+

Total vs. Nursing Home Population

Scripps Gerontology Center: Ohio Study Reveals Significant Savings

2300000

2250000

2200000

2150000

2100000

2050000

2000000

1950000

1900000

1850000

1800000

1750000

50000

48000

46000

44000

42000

40000

38000

36000

2009

1997

The nursing home population of

residents over age 60 declined by

14.5% in spite of the total 60+

population increasing by 15%.

The study suggests that the State’s

annual Nursing Home Savings

equates to $541 Million.

Ohio 60+ Population

Medicaid 60+ Nursing Home Population

Financial Update –

First Quarter 2012

Summary Financial Information

First Quarter 2012

First Quarter 2012 Summary

Total net service revenues up 1.6% to $66.8M

Home & Community increased 5.1% to $56.9M

Home Health decreased 6.6% to $11.9M after considering the one-time adjustment to

accrued Medicare estimates of $0.9M

Adjusted EBITDA of $2.2M, compared to $3.0M in Q1 2011

Net income of $0.6M, or $0.06 per diluted share, compared to $0.9M, or

$0.08 per diluted share in 2011

Cash flows used in operations were $1.3M, compared to $11.5M generated

from operations in Q1 2011. Subsequent to the Quarter end we received

$16.0M in payments from the State of Illinois above normal levels.

Accounts receivable DSO were 96 days compared to 94 days as of

December 31, 2011

Condensed Consolidated Statements of Income

($ in millions

except per share amounts)

2007

2008

2009

2010

2011

(1)

3/31/2011

3/31/2012

(2)

Net service revenues

194.6

236.3

259.3

271.7

273.1

66.8

67.9

Gross profit

55.3

69.1

76.6

79.9

81.8

19.0

18.6

Gross profit %

28.4%

29.2%

29.5%

29.4%

30.0%

28.4%

27.4%

Total operating expenses

50.3

58.2

64.8

67.9

17.0

17.1

Net income

0.2

3.6

7.7

0.9

0.6

(3.7)

(0.3)

(1.8)

6.0

7.7

0.9

0.6

Earnings (loss) per share

(3.62)

(0.24)

(0.66)

0.57

0.72

0.08

0.06

For the Year Ended December 31,

For the Three Months Ended

(3)

Net income (loss)

attributable to common

(1) - - Total operating expenses and net income for 2011 excludes a $16.0 million goodwill and intangible asset impairment charge. Net income includes $2.3 million of Illinois

prompt payment interest income.

(2) - - Total operating expenses and net income for the first quarter of 2012 includes a $0.5 million gain on the sale of a Home Health agency. Net income includes $0.1 million

of Illinois prompt payment interest income.

(3) - - Three month amounts for 2011 and 2012 are unaudited.

Home & Community Segment

($ in millions)

Home & Community

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

Average Census

18,527

21,032

21,844

22,598

22,786

Billable Hours (in thousands)

10,421

12,139

12,835

13,132

13,066

Reimbursement Rate per Billable Hour

$14.36

$15.57

$16.37

$16.81

$16.95

$149.6

$189.0

$210.1

$220.8

$221.5

11.1%

11.6%

11.3%

11.5%

12.9%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

$0.0

$25.0

$50.0

$75.0

$100.0

$125.0

$150.0

$175.0

$200.0

$225.0

CY 2007

CY 2008

CY 2009

CY 2010

CY 2011

(2)

Revenue

Division Pre-Corporate EBITDA Margin

(1)

Pre-Corporate EBITDA is defined as division operating income plus depreciation and amortization. Pre-Corporate EBITDA margin is computed as the percentage of Pre-Corporate

EBITDA to revenue for the applicable period. Pre-Corporate EBITDA is a performance measure used by management that is not calculated under generally accepted accounting

principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance

calculated in accordance with GAAP. Pre-Corporate EBITDA margin is computed as the percentage of Pre-Corporate EBITDA to revenue for the applicable period.

(2)

Includes incremental increase in bad debt expense of $1.5 million, recorded in the fourth quarter of 2009.

Home Health Segment

($ in millions)

Home Health

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

Average Census

2,565

2,683

2,955

2,976

3,232

% of Medicare Revenues

55.1%

58.3%

61.3%

64.1%

64.8%

Medicare Episodic Amount

$2,563

$2,606

$2,569

$2,634

$2,399

(1)

Pre-Corporate EBITDA is defined as division operating income plus goodwill and intangible asset impairment charge plus depreciation and amortization. Pre-Corporate EBITDA margin is

computed as the percentage of Pre-Corporate EBITDA to revenue for the applicable period. Pre-Corporate EBITDA is a performance measure used by management that is not calculated

under generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure

of financial performance calculated in accordance with GAAP. Pre-Corporate EBITDA margin is computed as the percentage of Pre-Corporate EBITDA to revenue for the applicable period.

(2)

Pre-Corporate EBITDA for 2011 excludes a $16.0 million goodwill and intangible asset impairment charge.

Division Pre-Corporate EBITDA Margin

(1)

Revenue

$44.9

$47.3

$49.2

$51.0

$51.6

10.5%

14.3%

15.3%

11.7%

4.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

CY 2007

CY 2008

CY 2009

CY 2010

CY 2011 (2)

Summary Balance Sheet

($ in millions)

Key Balances

12/31/2010

12/31/2011

3/31/2012

Cash

$0.8

$2.0

$ 1.3

Accounts receivable, net

71.0

72.4

73.8

Total assets

166.9

154.7

154.4

Debt, including current maturities

45.2

31.5

31.9

Stockholders’

equity

88.1

86.4

87.1

Debt to capital ratio

33.9%

26.7%

26.8%

Investment Highlights

Multiple

Organic

Growth

Opportunities

Experienced

Management

Team

History of Growth through Acquisition

Significant

Operational

Scale

Across

National

Footprint

Positioned to Excel under Healthcare Reform

Differentiated, Integrated

Care

Model

Broad

Range

Services and Payors

Large & Growing Market

Pre-Corporate Divisional EBITDA by Reporting Segment

($ in millions)

Home & Community

Home Health

Note: Pre-Corporate EBITDA is defined as division operating income plus goodwill and intangible asset impairment charge plus depreciation and amortization. Pre-Corporate EBITDA margin is computed as the percentage of

Pre-Corporate EBITDA to revenue for the applicable period. Pre-Corporate EBITDA is a performance measure used by management that is not calculated under generally accepted accounting principles in the United

States

(GAAP).

should

not

considered

isolation

substitute

for

net

income,

operating

income

any

other

measure

financial

performance

calculated

accordance

with

GAAP.

3/31/2012 and 3/31/2011 amounts are unaudited.

(1)

Home Health division’s general & administrative expenses and Pre-Corporate EBITDA for 2011 excludes a $16.0 million goodwill and intangible asset impairment charge.

(2)

Q1-2012 net service revenues and Division Pre-Corporate EBITDA for the Home Health division includes a $0.9 million reduction of estimates of accrued Medicare revenues.

Year Ended

Three Months Ended

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

3/31/2011

3/31/2012

Net Service Revenues

$149.6

$189.0

$210.1

$220.8

$221.5

$54.1

$56.9

Cost of Service Revenues

(113.8)

(141.8)

(156.6)

(164.6)

(163.4)

(40.8)

(42.6)

General & Administrative

(19.2)

(25.2)

(29.7)

(30.7)

(29.4)

(7.4)

Division Pre-Corporate EBITDA

$16.6

$22.0

$23.8

$25.5

$28.7

$5.9

$6.9

Year Ended

Three Months Ended

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

(1)

3/31/2011

3/31/2012

(2)

Net Service Revenues

$44.9

$47.3

$49.2

$51.0

$51.6

$12.7

$11.0

Cost of Service Revenues

(25.5)

(25.4)

(26.1)

(27.2)

(27.9)

(7.0)

(6.7)

General & Administrative

(14.7)

(15.2)

(15.6)

(17.8)

(21.5)

(4.9)

(5.5)

$4.7

$6.7

$7.5

$6.0

$2.2

$0.8

$(1.2)

Division Pre-Corporate EBITDA

Adjusted EBITDA Reconciliation

($ in millions)

Year Ended

Three Months Ended

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

3/31/2011 (3)

3/31/2012 (3)

Net Income (loss)

$0.2

$4.0

$3.6

$6.0

$(2.0)

$0.9

$0.6

Goodwill and intangible asset

impairment charge

16.0

Revaluation of contingent

consideration

(0.5)

Interest Income

(0.2)

(2.2)

Interest Expense

4.8

5.8

6.8

3.2

2.5

0.7

0.4

Income Tax Expense

0.1

1.1

1.4

3.0

(2.5)

0.4

0.5

Depreciation & Amortization

6.0

6.1

4.9

4.0

3.6

0.9

0.6

Severance Costs Related to

Former Chairman

1.2

Stock-based Compensation

Expense

0.9

0.2

0.3

0.1

Adjusted EBITDA

$12.0

$17.2

$18.2

$16.3

$15.2

$3.0

$2.2

_____________________________________

(1)

Included as one-time charge associated with the Company’s IPO completed in November 2009.

(2)

Adjusted EBITDA is defined as earnings before goodwill and intangible asset impairment charge, revaluation of contingent consideration, net interest (income) expense, taxes, depreciation, amortization, severance

costs for former employees, and stock-based compensation expense. Adjusted EBITDA is a performance measure used by management that is not calculated under generally accepted accounting principles in the

United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other measure of financial performance calculated in accordance with GAAP.

(3)

3/31/2011 and 3/31/2012 amounts are unaudited.

(2)

(1)

Divisional EBITDA Reconciliation

($ in millions)

Home & Community

Home Health

Year Ended

Three Months Ended

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

3/31/2011

3/31/2012

Operating Income

$12.7

$17.6

$20.4

$22.7

$26.2

$5.3

$6.4

Depreciation &

Amortization

3.9

4.4

3.4

2.8

2.4

0.6

0.5

Divisional

EBITDA

(1)

$16.6

$22.0

$23.8

$25.5

$2.86

$5.9

$6.9

Year Ended

Three Months Ended

12/31/2007

12/31/2008

12/31/2009

12/31/2010

12/31/2011

3/31/2011

3/31/2012

Operating Income (loss)

$3.5

$5.8

$6.8

5.3

$(14.2)

$0.7

$(1.2)

Goodwill and intangible

asset impairment charge

16.0

Depreciation &

Amortization

1.2

0.9

0.7

0.4

0.1

0.0

Divisional EBITDA

$4.7

$6.7

$7.5

$6.0

$2.2

$0.8

$(1.2)

(1) Divisional EBITDA is defined as divisional operating income plus goodwill and intangible asset impairment charge, and depreciation and amortization. Divisional EBITDA is a performance measure used by

management that is not calculated under generally accepted accounting principles in the United States (GAAP). It should not be considered in isolation or as a substitute for net income, operating income or any other

measure of financial performance calculated in accordance with GAAP.

(1)

Addus HomeCare (ADUS) 8-KIt is the primary mission of Addus HealthCare to improve the health and well