Hospice News October 23, 2024
Jim Parker

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 with Compassus.

“Serving people in their home, many of whom are at their most vulnerable, is sacred work and a deeply held part of the Providence mission. As our communities age, we have been thoughtfully evaluating how to best meet the growing need for these services,” Terri Warren, Providence’s chief of community services, said in a statement. “Compassus shares our commitment to these services...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
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