Hospice News May 3, 2024
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 ownership of associated real estate assets.
BSMH and Compassus will each hold a 50% stake. Also, an undisclosed number of the health system’s employees will transfer to work at Compassus.
“We recognize the changing health care landscape and the desire of more patients to have flexible care options, including care in the home,” Don Kline, chief operating officer of Bon Secours Mercy Health, said in...
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