Healthcare DIVE October 25, 2024
Susanna Vogel

Home health is already a lucrative market, and Providence expects demand for services to only grow as patients age, according to CFO Greg Hoffman.

Dive Brief:

  • Providence is expanding its presence in the home care market after the nonprofit health system agreed to launch a joint venture this week with home care provider Compassus.
  • The JV, which will be called Providence at Home with Compassus, will offer home health, hospice, community-based palliative care and private duty caregiving services.
  • Compassus will manage operations, according to a press release. The JV will operate 24 home health locations in Alaska, California, Oregon and Washington, and 17 hospice and palliative care locations in Alaska, California, Oregon, Texas and Washington. There’s no timeline...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

Continue Reading

 
Topics: Health System / Hospital, Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
Related Articles:
Concerns raised over Indiana hospital merger
High Safety Mark At Hospital That Treated Trump Should Be Minimum For All
Workplace Violence Is Not Just 'Part of the Job'
Baptist hospital to expand with $32 million grant
Why hospitals should pay attention to negative reviews on Yelp

Share This Article