Investors of all types have increasingly recognized the value proposition of hospice to improve quality and reduce costs at the end of life – a trend not anticipated to abate anytime soon. Staffing pressures are also a major contributing factor to the hospice investor outlook. Nonprofit providers have largely made up the bulk of organizations […]
Private equity, venture capital firms and strategic investors have had a strong appetite for hospice assets in recent years. These investment trends fostered both concerns and opportunities within the industry. Interest in the hospice space has proliferated among nonprofit and for-profit investors alike, according to David DeGumbia, senior vice president and chief development officer at […]
Compassus is launching a home health and hospice joint venture with Ohio-headquartered Bon Secours Mercy Health (BSMH). Through the JV, Compassus will manage the operations of 11 hospice agencies and 10 home health sites across five states. BSMH is the fifth-largest Catholic health system in the United States, according to a joint press release from […]
Amedisys’ New Chief Accounting Officer The forthcoming acquisition of Amedisys, Inc. (NASDAQ: AMED) by UnitedHealth Group (NYSE: UNH) subsidiary Optum has sparked executive shifts. The home health and hospice provider recently announced the leadership changes in a filing with the U.S. Securities & Exchange Commission (SEC). Allyson Guidroz was recently appointed as its chief accounting […]
Compassus and VNS Health have formed a value-based collaboration aimed at improving access, awareness and quality of hospice and palliative care services. The two home-based care organizations are joining forces in a Medicare Advantage (MA) Value-Based Insurance Design (VBID) model partnership. Through the collaboration, VNS Health and Compassus will help MA health plans to manage […]
New COO Takes Helm at Compassus Laura Templeton has risen through the ranks at Compassus, recently becoming its new COO and executive vice president. Since joining the company in 2012, Templeton has served as senior vice president and chief of clinical operations. In the midst of a worsening industry-wide staffing shortage, Templeton was charged with […]
Compassus last week announced that David Grams is taking the helm as the company’s new CEO. Grams recently connected with Hospice News to delve deeper into the company’s strategies for navigating an evolving payment landscape, staffing shortages and shifts in the delivery of care during a pandemic. A portfolio company of the private equity firm […]
An sometimes overlooked risk to hospice patients is suicide. Hospice and palliative care provider Compassus, one of the nation’s largest hospice providers, has launched an internal campaign to help its staff recognize the warning signs and identify potential interventions. Compassus, a portfolio company of the private equity firm Towerbrook Capital Partners and the health system […]
Telehealth boomed during the COVID-19 pandemic as hospice providers scrambled to stay connected to patients while limiting in-person contact to prevent the spread of the virus. Most stakeholders in the space agree that telehealth will be here to stay following the pandemic. While clear benefits exist for this trend, some are concerned that a lack […]
Moving Health Home is getting involved in hospice, having expanded to include providers Compassus, Visiting Nurse Service of New York (VNSNY) and the community-based support company Contessa Health. Moving Health Home is a coalition of health care organizations that advocate for the expansion of home-based care. Moving Health Home was established in March by founding members […]
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