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...

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