Aveanna Healthcare : Investor Presentation – March 2025
AVAH
Investor Presentation
March 2025
Leadership Presenters
Jeff Shaner
Matt Buckhalter
Debbie Stewart
Chief Executive Officer
Chief Financial Officer
Principal Accounting Officer
• CEO of Aveanna since 2023
•
CFO of Aveanna since 2023
•
Principal Accounting Officer of Aveanna
•
Instrumental in formation of Aveanna
•
Integral to Aveanna's financial structure
since 2023
Healthcare
since inception
•
Vice President of Accounting and Controller
• Chief Operating Officer of Aveanna
• Senior Vice President of Finance for
of Aveanna since 2021
Healthcare since 2017
• Leads the Company's Accounting, Tax, SEC
Aveanna Healthcare since 2016
•
Chief Operating Officer of PSA Healthcare
•
Leads the Company's Investor Relations
Reporting and Internal Audit teams
since 2015
Group
•
Former Assurance Senior Manager of Ernst
• Former SVP, President of Operations of
• Former Vice President of Finance of
& Young
Gentiva Health Services
•
PSA Healthcare since 2015
Certified Public Accountant since 2009
4
Aveanna Overview
By The Numbers
2020 - 2025 Revenue Growth
2025 Guidance(1)
Key Operating Statistics
($ in millions)
$2.10b - $2.12b
341
$2,025
$2,110
$1,788
$1,895
Revenue
Locations
$1,495
$1,679
31.4%
34
26,500
Gross Margin(2)
States
Caregivers
$190m - $194m
41.6m
81
Adjusted EBITDA
Homecare Hours(3)
Preferred Payors
2020A
2021A
2022A
2023A
2024A
2025G
Payor Mix4
National Footprint
No single payor contributes more than 10% of total revenue
Medicare
10%
Commercial 10%
Medicaid MCO
Medicaid56%
24%
___ ______ ______ ______ ______
5
1. Consistent with prior practice, we are not providing guidance on net income, or a reconciliation of Adjusted EBITDA theret o, at this time
due to the volatility of certain required inputs that are not available without unreasonable efforts, including future fair value adjustments
associated with our interest rate derivatives. 2. 2024 Gross Margin 3. 2024 PDS Hours 4. 2024 Payor mix
Aveanna's Transformative Homecare Platform
Our advanced homecare platform positions us to
improve outcomes
with data-driven results
and introduce
value-based agreements that deliver exceptional value to our partners.
Scaled National Platform
Melia and MomValerie Heather
Preferred Payor Partnerships
Government Affairs Strategy
Technology and Data Driven Results
Improved Clinical Outcomes
Reduction in Total Cost of Care
6
Aveanna's Transformative Homecare Platform
Continued substantial progress as demonstrated by key performance metrics.(1)
PDS Preferred Payors
22
14
7
2022
2023
2024
___ ______ ______ ______ ______
Value-based Agreements
8
5
3
2022
2023
2024
State Rate Increases
Home Health Episodic Mix
19
71%
76%
13
12
62%
2022
2023
2024
2022
2023
2024
7
1. See Disclaimers a nd For war d-looking Statements slide.
Aveanna's Transformative Homecare Platform
Our future opportunity will continue to provide enhanced value that is driven
by our significant investment in our value-based national homecare platform.
Melia and Mom
Valerie
Core Organic Growth
Heather
Risk-based Growth M&A
Value-based Organic Growth
3 - 4%
2 - 3%
11--12%.5%
1 - 1.5%
Strategic tuck-in
acquisitions that
Capitating risk
strengthen our
and population
offerings to key
health
payor and
Data and
management
government
partners
outcomes
Government
that define
value and
Long-term Growth Rate(1)
agencies shifting
Payor
savings
programs and
7 -
10%
Scaled national
partnerships
reimbursement to
platform drives
underpinned by
homecare
growth
shared value
___ ______ ______ ______ ______
creation
8
1. See Disclaimers and Forward-looking Statements slide.
Aveanna Business Segments
Melia and Mom
Valerie
Heather
9
Private Duty Services Segment
By The Numbers
Financial Highlights
$1,635m
Net Revenue1
26% - 28%
Gross Margin2
3% - 5%
Organic Growth Rate3
Key Operating Statistics
234
Locations
27
38,200
Patients on
States
Service
50%
22
% of PP Volume
Preferred Payors
Key Items
___ ______ ______ ______ ______
10
1. 2024 revenue . 2. Management's target for gross margin percentages over time. 3. Management's target for total organic rev enue growth rate o ver time.
Disclaimer
Aveanna Healthcare Holdings Inc. published this content on March 14, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 14, 2025 at 11:51:05.381.