Home-based care companies can measure their prowess by examining three critical factors — clinical power, data power and product power. Compassus, BrightStar Care and Empath Health all have a range of initiatives and achievements that are relevant to these areas, which leaders within the three organizations delved into during a panel discussion at the recent […]
A joint venture between home-based care provider Compassus and the Providence health system has been delayed due an ongoing state review in Oregon. Compassus in October formed a joint venture with Providence to assume management of its home-based care business lines, with each company owning a 50% stake. Branded as Providence at Home with Compassus, […]
Hospice investment trends took myriad routes this year, seeing a few common threads occurring among nonprofit and for-profit entities that hint at where the market may be heading. The scope of hospice deals in 2024 encompassed joint ventures and collaborative affiliations in addition to acquisitions. Some of these transactions were fueled by value-based reimbursement and […]
Today’s hospice executives are entering the field with change in mind for improved quality. But concerns have mounted around sustainable growth strategies that will keep pace with rising demand amid myriad challenges in end-of-life care delivery. Hospice News spoke with c-suite executives who have recently stepped into their roles to learn more about what led […]
The home-based care provider Compassus has established a joint venture with the health system Providence. Through the JV, Compassus will assume management of Providence’s home-based care business lines, with each company owning a 50% stake. Services offered through the JV will include hospice, palliative care, home health and private duty nursing, branded as Providence at […]
Home-based care provider Compassus has been on a growth trajectory for several years running – placing hospice and home health at the center of its strategic vision. Compassus provides home health, home infusion, palliative and hospice care across 30 states. The home-based provider also offers advanced care management and skilled nursing facility-at-home services. Joint ventures […]
Compassus on Wednesday completed its partnership with the health system OhioHealth, a move aimed at improving care coordination and access. Announced in June, the partnership joins the two organizations under the new brand OhioHealth at Home. Through the deal, Compassus acquired ownership interest in three of OhioHealth’s hospice locations and four of its home health […]
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 […]
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 […]
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