Aveanna Healthcare(NASDAQ) AVAH

Aveanna Healthcare Holdings Inc. helps patients receive medical care at home. Their nurses provide treatments that usually happen in hospitals. This service lets families stay together during recovery.

What Services Does Aveanna Provide?

• Private Duty Services: Skilled nursing and therapy for medically complex children and adults; accounted for 83% of revenue in the three-month period ended July 4, 2026.
• Home Health and Hospice: In-home clinical care for seniors and support for patients nearing the end of life; represented 10% of revenue in the three-month period ended July 4, 2026.
• Medical Solutions: Delivery of feeding supplies and nutritional formulas to patients at home; made up 7% of revenue in the three-month period ended July 4, 2026.

Recent Moves to Expand Care

• Acquired Family First Holding, LLC on June 1, 2026, for $173.7 million in cash to expand pediatric home care.
• Integrated the Family First locations into the existing Private Duty Services segment to reach seven more states.
• Completed the acquisition of Thrive on June 2, 2025, to grow the company service footprint and patient volume.
• Refinanced credit facilities in the third quarter of 2025 and repriced them in the second quarter of 2026 to reduce interest costs.

How the Platform Operates

Aveanna utilizes an operating support model that allows the company to integrate new acquisitions while maintaining administrative efficiency. The platform focuses on high-cost, medically complex patient populations who require specialized care from skilled nurses and therapists.

A Look at the Numbers

• Revenue rose 13.7% year over year to $670.5 million for the three-month period ended July 4, 2026.
• Net income increased to $40.3 million for the three-month period ended July 4, 2026, up 49.1% year over year.
• Operating income was $80.0 million for the three-month period ended July 4, 2026.
• Cash provided by operating activities grew to $85.3 million for the six-month period ended July 4, 2026.

The Final Word

Aveanna has transformed from a pediatric-focused provider into a diversified home care platform serving multiple age groups. By combining organic growth with strategic acquisitions, the company has expanded its reach across the home-based healthcare market.