Compliance ‘Paramount’ to Hospice Investment, Growth Potential

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 Enters Into Hospice, Home Health Partnership with OhioHealth

The home-based care provider Compassus has established a partnership with the health system OhioHealth to deliver home health and hospice services. Through this collaboration, Compassus will manage the two organizations’ collective home health and hospice operations. Compassus’ nearly 7,000 employees care for more than 120,000 patients each year in 30 states. “We’re proud to collaborate […]

Compassus, Bon Secours Mercy Health Finalize Hospice, Home Health JV

Compassus and Bon Secours Mercy Health (BSMH) have finalized an agreement to form a home health and hospice joint venture. Through the JV, Compassus will operate 10 home health agencies and 11 hospice locations previously managed by BSMH. These agencies are serving patients in Florida, Illinois, Kentucky, Ohio, South Carolina and Virginia. BSMH is maintaining […]

Hospices Welcome VBID’s Demise, But Questions Remain

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! The Medicare Advantage hospice carve-in will be carved back out by the end of this year. Many operators were glad to see it go, but the questions the […]

Compassus, Bon Secours Mercy Health Unveil Hospice, Home Health Joint Venture

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 […]

AI, RPM Systems Turning Keys For Compassus

Staffing strains and quality concerns have hospice providers relying more heavily on technology to strengthen the delivery, timing and experience of end-of-life care. Artificial intelligence (AI) and remote patient monitoring (RPM) systems can be worth the financial investment in terms of building operational efficiencies that benefit patient quality, according to Laura Templeton, executive vice president […]

2023’s Most Impactful Hospice Regulatory Moves

Program integrity issues that have heated up in the hospice space during the past five years reached a boiling point in 2023. Hospice providers have seen an array of increased regulatory oversight in 2023. That momentum has been fueled by two main concerns among regulators — risks of patient safety and evidence of malfeasance in […]

Compassus Expands Services, Footprint Via Ascension Saint Thomas Partnership

Compassus has launched home health services and expanded its central Tennessee footprint through a new collaboration with its joint venture partner Ascension Saint Thomas. The joint venture, Ascension at Home, has existed for several years. Three years ago, Compassus took on the role of overseeing staff and the home-based care services they provide. The JV […]

Executive Shifts at Amedisys, AMOREM, VITAS; Compassus, Hospice of the Chesapeake Appoint New Clinical Leaders

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 […]