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Compassus

Full company profile

uuid0003wmg

Namestring
Compassus
Legal namestring
Compassus Holdings, L.P.
Company typeenum
Private
Founded yearint
1979
Descriptiontext

Compassus is a national, private equity-backed provider of integrated home-based care services operating across most US regions, headquartered in Brentwood/Nashville, Tennessee. The company delivers four core service lines — hospice care, home health, home infusion therapy, and palliative care — under a person-centered 'Care for Who I Am' philosophy, supported by CHAP accreditation and Medicare certification. Services are billed primarily through Medicare and Medicaid reimbursement for clinical care delivered in patients' homes, with distribution driven by healthcare professional referrals, direct patient outreach, and enterprise health system partnerships including joint ventures.

The company's go-to-market combines a sales-led enterprise channel targeting health systems and hospitals with community-led engagement through volunteer programs and grief support services. Strategic partnerships form the core distribution backbone: a 50-50 joint venture with Providence Health & Services ('Providence at Home with Compassus') covers Oregon, Washington, Alaska, Texas, and California; an OhioHealth hospice partnership anchors Midwest presence; and a WellBeam interoperability deployment connects 12,000+ physicians across six states (Alaska to Texas) via real-time clinical data exchange, replacing fax and phone-based referral workflows. The company is backed by private equity firm TowerBrook Capital Partners and has demonstrated inorganic growth appetite, including the 2015 acquisition of Hospice Advantage.

Revenue is generated through fee-for-service Medicare reimbursement across the four clinical service lines, supplemented by enterprise JV economics with health system partners. Customer segments are bifurcated between a long-tail of individual Medicare-eligible patients and families (served via referrals and direct outreach) and concentrated enterprise health system relationships that drive geographic expansion and patient acquisition. The company employs 5,001–10,000 staff and operates a national network of care locations, with recent strategic emphasis on interoperability-enabled, JV-driven growth.

Short descriptiontext

Compassus is a national, PE-backed provider of integrated home-based care — including hospice, home health, palliative, and home infusion services — delivered to Medicare-eligible patients across most US regions through health system partnerships and joint ventures.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersBrentwood, United States
HQ citystring
Brentwood
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hospice care services, home health services, palliative care, home infusion therapy, post-acute care
Industry4 codes
1Hospice & Palliative Care Care Coordination / Navigation
CodeHLADAHAKPrimaryYes
2Transitional Care Units (TCU)
CodeHLAFAFAFPrimaryNo
3Care Navigation & Service Coordination (Medical, Social, Community)
CodeHSABAIABPrimaryNo
4In-Home Hospice Physician / Nurse Practitioner Visits
CodeHSABAFAMPrimaryNo
NAICS code4 codes
  • Services for the Elderly and Persons with Disabilities624120
  • Services for the Elderly and Persons with Disabilities62412
  • Social Assistance624
  • Other Individual and Family Services624190
SIC code4 codes
  • Services-Health Services8000
  • Services-Nursing & Personal Care Facilities8050
  • Services-Skilled Nursing Care Facilities8051
  • Services-Social Services8300
Product category
Hospice and Home Health Care
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Hospice Care Services
TypeSubscription Recurring
Description

Medicare-certified hospice services billed to Medicare. Hospice care is provided to patients with life-limiting illnesses, covering medical, emotional, spiritual, and grief support services.

compassus.com
2Home Health Care Services
TypeSubscription Recurring
Description

Medicare-certified home health services for patients needing continued medical assistance after hospital discharge or as part of ongoing care plans for illness, chronic conditions, or injury.

compassus.com
3Home Infusion Therapy
TypeSubscription Recurring
Description

Intravenous medication administration in patients' homes, providing a safe alternative to hospital or acute-care settings. Medicare-certified service.

compassus.com
4Palliative Care Services
TypeSubscription Recurring
Description

Whole-person approach to care addressing physical, emotional, and spiritual needs, provided at any stage of illness including alongside curative treatment.

compassus.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 record
1Care for Who I Am
Description

Compassus' individualized care philosophy focused on person-centered care

compassus.com
Core offering1 text field

Compassus is a national home-based care provider delivering Medicare-certified hospice, home health, palliative, and home infusion therapy services to patients with serious or life-limiting illnesses. The company operates an interdisciplinary care model combining physicians, nurses, aides, social workers, chaplains, and volunteers, and expands its reach through joint ventures with major health systems and physician networks across numerous U.S. states.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • WellBeam interoperability platform connects over 12,000 physicians across six states (Alaska to Texas)
+1 more record
Product overview1 text field

Compassus offers a unified platform of integrated home-based care services organized around four core product lines: Hospice Care, Home Health, Home Infusion Therapy, and Palliative Care. These services operate as an integrated continuum, with care teams acting as an extension of patients' existing healthcare teams to ensure seamless coordination across settings. Additional specialized offerings include Pediatric Hospice Care, California Home Care, and Telehealth Innovation capabilities. The company also operates sub-brands such as "Providence at Home with Compassus" through joint ventures with health systems. All services are delivered under the company's person-centered "Care for who I am" philosophy.

Product and service7 records
1Hospice Care
CategoryEnd-of-life care
Description

Medicare-certified hospice care for patients with life-limiting illnesses, providing an interdisciplinary team of physicians, nurses, aides, social workers, chaplains, and volunteers to support patients and families with medical, emotional, and spiritual care.

2Home Health
3Palliative Care
4Home Infusion Therapy
5Pediatric Hospice Care
6Providence at Home with Compassus
CategoryHealth system joint venture home care
Description

Co-branded joint venture with Providence providing home-based hospice, home health, and palliative care services across multiple states.

7OhioHealth at Home
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-15
Description

Providence Health & Services, a nonprofit health system, entered a 50-50 joint venture with Compassus to spin off its home health and hospice operations. The Oregon Health Authority conditionally approved the joint venture, creating a new brand 'Providence at Home with Compassus.' The deal requires $30 million investment in Oregon operations over five years and has undergone over a year of regulatory scrutiny.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-02-11
Description

WellBeam, a healthcare technology company, announced a strategic collaboration with Compassus and a large multi-state health system to deploy WellBeam's interoperability platform across six states (Alaska to Texas). The platform connects a network of over 12,000 physicians with Compassus' home health and hospice care teams, replacing manual fax and phone call processes with real-time clinical data exchange.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

OhioHealth's 2024 partnership with Compassus for hospice care was noted as a key driver for Kobacker House transitioning from its historic nonprofit model to Ohio's Hospice. OhioHealth partnered with Compassus (a TowerBrook portfolio company), which reportedly influenced the Kobacker family's decision to align with the fully nonprofit Ohio's Hospice model.

4MIT BrainTrust
Strategic tierMinorTypeOthers
Description

MIT's BrainTrust student club partnered with Compassus to launch a hospice volunteer program. Student volunteers are paired with individuals with brain injuries and neurological disorders for companionship, and also support patients with dementia and Alzheimer's through nursing home visits. The partnership provides Compassus with volunteer support while offering MIT students career insight and personal growth opportunities.

news.mit.edu
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Amedisys is one of the largest U.S. home health and hospice operators, offering hospice, home health, and palliative services across a national footprint. Compassus competes head-to-head for health-system partnerships and patient referrals in many of the same states.

TypeDirect peer
Description

BrightSpring is a diversified home and community-based health services provider with significant hospice, home health, and pharmacy/infusion offerings. Its integrated home-based platform is structurally similar to Compassus's.

TypeDirect peer
Description

VITAS is the largest hospice provider in the United States, owned by Chemed Corporation. It offers hospice and palliative services nationally and is the closest direct competitor to Compassus's core hospice and palliative care business.

TypeBroad incumbent
Description

Encompass Health is a large post-acute care provider with inpatient rehabilitation facilities and home health/hospice operations. Its home health and hospice segment is a broad incumbent competitor, while its scale in post-acute care complements rather than duplicates Compassus's pure home-based model.

TypeBroad incumbent
Description

Option Care Health is the largest U.S. provider of home and alternate-site infusion services. It overlaps Compassus's home infusion service line and competes in the broader home-based care delivery market.

TypeDirect peer
Description

LHC Group is a national home health, hospice, and palliative care provider with deep health-system joint venture partnerships, similar to Compassus's Providence and OhioHealth relationships. It competes for the same referral channels and JV structures.

TypeEmerging player
Description

Pennant operates home health, hospice, and senior living services across the U.S. and is actively growing through de novo expansion and acquisitions. It is an emerging competitive threat in hospice and home health, particularly in Western states where Compassus has built density.

TypeDirect peer
Description

Addus provides personal care, home health, and hospice services across multiple states with a similar multi-state community-based model. Its hospice and home health segments directly compete with Compassus's core services.

TypeDirect peer
Description

Enhabit operates one of the largest U.S. networks of home health and hospice agencies, providing hospice, home health, and palliative services. Its national footprint and service mix directly overlap Compassus's offerings.

TypeDirect peer
Description

Gentiva is a national hospice and palliative care provider that emerged from Kindred at Home's hospice segment. It offers a comparable continuum of home-based hospice and palliative services to Compassus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Compassus

Hospice and Home Health Carecompassushealthcare.com

Compassus is a national, PE-backed provider of integrated home-based care — including hospice, home health, palliative, and home infusion services — delivered to Medicare-eligible patients across most US regions through health system partnerships and joint ventures.

What Compassus does

Compassus is a national, private equity-backed provider of integrated home-based care services operating across most US regions, headquartered in Brentwood/Nashville, Tennessee. The company delivers four core service lines — hospice care, home health, home infusion therapy, and palliative care — under a person-centered 'Care for Who I Am' philosophy, supported by CHAP accreditation and Medicare certification. Services are billed primarily through Medicare and Medicaid reimbursement for clinical care delivered in patients' homes, with distribution driven by healthcare professional referrals, direct patient outreach, and enterprise health system partnerships including joint ventures.

The company's go-to-market combines a sales-led enterprise channel targeting health systems and hospitals with community-led engagement through volunteer programs and grief support services. Strategic partnerships form the core distribution backbone: a 50-50 joint venture with Providence Health & Services ('Providence at Home with Compassus') covers Oregon, Washington, Alaska, Texas, and California; an OhioHealth hospice partnership anchors Midwest presence; and a WellBeam interoperability deployment connects 12,000+ physicians across six states (Alaska to Texas) via real-time clinical data exchange, replacing fax and phone-based referral workflows. The company is backed by private equity firm TowerBrook Capital Partners and has demonstrated inorganic growth appetite, including the 2015 acquisition of Hospice Advantage.

Revenue is generated through fee-for-service Medicare reimbursement across the four clinical service lines, supplemented by enterprise JV economics with health system partners. Customer segments are bifurcated between a long-tail of individual Medicare-eligible patients and families (served via referrals and direct outreach) and concentrated enterprise health system relationships that drive geographic expansion and patient acquisition. The company employs 5,001–10,000 staff and operates a national network of care locations, with recent strategic emphasis on interoperability-enabled, JV-driven growth.

Compassus firmographics

Firmographics
Name
Compassus
Legal name
Compassus Holdings, L.P.
Website
https://compassushealthcare.com
Company type
Private
Founded year
1979
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Compassus is a national, PE-backed provider of integrated home-based care — including hospice, home health, palliative, and home infusion services — delivered to Medicare-eligible patients across most US regions through health system partnerships and joint ventures.
Ownership category
akta.pro rank

Compassus industry classification

Industry
Product category
Hospice and Home Health Care
NAICS
Services for the Elderly and Persons with Disabilities (624120), Services for the Elderly and Persons with Disabilities (62412), Social Assistance (624), Other Individual and Family Services (624190)
SIC
Services-Health Services (8000), Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051), Services-Social Services (8300)
akta.pro primary industry
Hospice & Palliative Care Care Coordination / Navigation (HLADAHAK)
akta.pro secondary industries
Transitional Care Units (TCU) (HLAFAFAF), Care Navigation & Service Coordination (Medical, Social, Community) (HSABAIAB), In-Home Hospice Physician / Nurse Practitioner Visits (HSABAFAM)

Keywords

  • Hospice care services
  • Home health services
  • Palliative care
  • Home infusion therapy
  • Post-acute care

Where Compassus is headquartered

Location

Headquarters

HQ city
Brentwood
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Compassus business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

  1. Hospice Care Services: Medicare-certified hospice services billed to Medicare. Hospice care is provided to patients with life-limiting illnesses, covering medical, emotional, spiritual, and grief support services.
  2. Home Health Care Services: Medicare-certified home health services for patients needing continued medical assistance after hospital discharge or as part of ongoing care plans for illness, chronic conditions, or injury.
  3. Home Infusion Therapy: Intravenous medication administration in patients' homes, providing a safe alternative to hospital or acute-care settings. Medicare-certified service.
  4. Palliative Care Services: Whole-person approach to care addressing physical, emotional, and spiritual needs, provided at any stage of illness including alongside curative treatment.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Compassus product offering

Product offering

Core offering

Compassus is a national home-based care provider delivering Medicare-certified hospice, home health, palliative, and home infusion therapy services to patients with serious or life-limiting illnesses. The company operates an interdisciplinary care model combining physicians, nurses, aides, social workers, chaplains, and volunteers, and expands its reach through joint ventures with major health systems and physician networks across numerous U.S. states.

Product overview

Compassus offers a unified platform of integrated home-based care services organized around four core product lines: Hospice Care, Home Health, Home Infusion Therapy, and Palliative Care. These services operate as an integrated continuum, with care teams acting as an extension of patients' existing healthcare teams to ensure seamless coordination across settings. Additional specialized offerings include Pediatric Hospice Care, California Home Care, and Telehealth Innovation capabilities. The company also operates sub-brands such as "Providence at Home with Compassus" through joint ventures with health systems. All services are delivered under the company's person-centered "Care for who I am" philosophy.

Differentiator

Problem solved

Functional benefit

Brands

  • Care for Who I Am: Compassus' individualized care philosophy focused on person-centered care

Products and services

  • Hospice Care Medicare-certified hospice care for patients with life-limiting illnesses, providing an interdisciplinary team of physicians, nurses, aides, social workers, chaplains, and volunteers to support patients and families with medical, emotional, and spiritual care.
  • Home Health
  • Palliative Care
  • Home Infusion Therapy
  • Pediatric Hospice Care
  • Providence at Home with Compassus Co-branded joint venture with Providence providing home-based hospice, home health, and palliative care services across multiple states.
  • OhioHealth at Home

Quantifiable outcome

  • WellBeam interoperability platform connects over 12,000 physicians across six states (Alaska to Texas)
  • +1 more outcomes

Companies that use Compassus

Customer profile

Named customers3 records

Segments6 records

Ideal customer profiles2 records

Compassus technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Compassus partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • Providence Health & ServicescoreStrategic or Co-development Partner · 15 May 2026Providence Health & Services, a nonprofit health system, entered a 50-50 joint venture with Compassus to spin off its home health and hospice operations. The Oregon Health Authority conditionally approved the joint venture, creating a new brand 'Providence at Home with Compassus.' The deal requires $30 million investment in Oregon operations over five years and has undergone over a year of regulatory scrutiny.
  • WellBeamcoreTechnology or Integration · 11 February 2026WellBeam, a healthcare technology company, announced a strategic collaboration with Compassus and a large multi-state health system to deploy WellBeam's interoperability platform across six states (Alaska to Texas). The platform connects a network of over 12,000 physicians with Compassus' home health and hospice care teams, replacing manual fax and phone call processes with real-time clinical data exchange.
  • OhioHealthcoreStrategic or Co-development Partner · 1 January 2024OhioHealth's 2024 partnership with Compassus for hospice care was noted as a key driver for Kobacker House transitioning from its historic nonprofit model to Ohio's Hospice. OhioHealth partnered with Compassus (a TowerBrook portfolio company), which reportedly influenced the Kobacker family's decision to align with the fully nonprofit Ohio's Hospice model.
  • MIT BrainTrustminorOthersMIT's BrainTrust student club partnered with Compassus to launch a hospice volunteer program. Student volunteers are paired with individuals with brain injuries and neurological disorders for companionship, and also support patients with dementia and Alzheimer's through nursing home visits. The partnership provides Compassus with volunteer support while offering MIT students career insight and personal growth opportunities.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Compassus competitors and assessment

Company assessment

Direct peers

  • Amedisys: Amedisys is one of the largest U.S. home health and hospice operators, offering hospice, home health, and palliative services across a national footprint. Compassus competes head-to-head for health-system partnerships and patient referrals in many of the same states.
  • BrightSpring Health Services: BrightSpring is a diversified home and community-based health services provider with significant hospice, home health, and pharmacy/infusion offerings. Its integrated home-based platform is structurally similar to Compassus's.
  • VITAS Healthcare (Chemed): VITAS is the largest hospice provider in the United States, owned by Chemed Corporation. It offers hospice and palliative services nationally and is the closest direct competitor to Compassus's core hospice and palliative care business.
  • LHC Group: LHC Group is a national home health, hospice, and palliative care provider with deep health-system joint venture partnerships, similar to Compassus's Providence and OhioHealth relationships. It competes for the same referral channels and JV structures.
  • Addus HomeCare: Addus provides personal care, home health, and hospice services across multiple states with a similar multi-state community-based model. Its hospice and home health segments directly compete with Compassus's core services.
  • Enhabit: Enhabit operates one of the largest U.S. networks of home health and hospice agencies, providing hospice, home health, and palliative services. Its national footprint and service mix directly overlap Compassus's offerings.
  • Gentiva (formerly Kindred at Home hospice): Gentiva is a national hospice and palliative care provider that emerged from Kindred at Home's hospice segment. It offers a comparable continuum of home-based hospice and palliative services to Compassus.

Broad incumbents

  • Encompass Health: Encompass Health is a large post-acute care provider with inpatient rehabilitation facilities and home health/hospice operations. Its home health and hospice segment is a broad incumbent competitor, while its scale in post-acute care complements rather than duplicates Compassus's pure home-based model.
  • Option Care Health: Option Care Health is the largest U.S. provider of home and alternate-site infusion services. It overlaps Compassus's home infusion service line and competes in the broader home-based care delivery market.

Emerging players

  • The Pennant Group: Pennant operates home health, hospice, and senior living services across the U.S. and is actively growing through de novo expansion and acquisitions. It is an emerging competitive threat in hospice and home health, particularly in Western states where Compassus has built density.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compassus social profiles

Digital presence

Compassus compliance and trust

Trust signal

Compliance2 records

Compassus financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Compassus leadership team

Management profile

Number of profiles

Profiles2 records

Compassus subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Compassus funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Compassus M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compassus

What does Compassus do?

Compassus is a national home-based care provider delivering Medicare-certified hospice, home health, palliative, and home infusion therapy services to patients with serious or life-limiting illnesses. The company operates an interdisciplinary care model combining physicians, nurses, aides, social workers, chaplains, and volunteers, and expands its reach through joint ventures with major health systems and physician networks across numerous U.S. states.

Is Compassus a public or private company?

Compassus is a private company. It is classified as private equity controlled and is currently operating.

When was Compassus founded?

Compassus was founded in 1979. It employs 5,001 to 10,000 people.

Where is Compassus based?

Compassus is headquartered in Brentwood, United States, in the North America region.

How does Compassus make money?

Four revenue lines are on record. Hospice Care Services are the primary driver. The others are home Health Care Services, home Infusion Therapy and palliative Care Services.

Who are Compassus's main competitors?

Direct peers on record are Amedisys, BrightSpring Health Services, VITAS Healthcare (Chemed), LHC Group, Addus HomeCare, Enhabit and Gentiva (formerly Kindred at Home hospice). Broad incumbents are Encompass Health and Option Care Health. The Pennant Group is listed as an emerging player.

Does Compassus have an API?

No public API is recorded for Compassus.

What industry is Compassus in?

Compassus's product category is Hospice and Home Health Care. Its primary akta.pro industry code is HLADAHAK, Hospice & Palliative Care Care Coordination / Navigation, with a secondary code of HLAFAFAF, Transitional Care Units (TCU). Its NAICS code is 624120 and its SIC code is 8000.

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Live signals
YahooSt. Rita’s to celebrate hospice partnershipMery Health-St. Rita's will hold a ribbon-cutting ceremony on Oct. 27 at 11:30 a.m. to celebrate its partnership with Compassus for Mercy Health Hospice. The partnership has been official since 2024, and the event will host Mercy Health and Compassus representatives.HeraldnetEverett hospice workers concerned for patient care after private equity takeover - HeraldNet.comWorkers at Everett hospice and home health services operated by Providence Swedish and Compassus are concerned about the impact of a private equity-backed joint venture on patient care and staff working conditions. Since the joint venture began in May 2025, employee complaints include increased patient loads, staffing shortages, and compromised care quality, leading to significant staff departures.EberhardtstevensonObituary for Ramona Martha (Lehman) ChristophersonRamona Martha Christopherson, a 95-year-old resident of Clintonville, Wisconsin, passed away on July 26, 2026. Her family expressed gratitude to Aster Assisted Living, Compassus, and Moments Hospice for their care during her final years. Memorial services are scheduled at St. Rose Catholic Church in Clintonville.FierceHealthcareOp-ed: Accountability and access must coexist in hospice careThe authors, executives from Compassus and Providence, argue that accountability and access must coexist in hospice care, advocating for strong oversight measures while opposing policies that could create barriers to care for patients and families. They highlight that nearly half of Medicare beneficiaries do not utilize hospice benefits at end of life, despite evidence that earlier hospice enrollment could save the Medicare program between $1.19 billion and $1.50 billion annually. The op-ed comes as CMS has doubled penalties for hospice providers failing quality reporting requirements and Congress considers legislation to further increase those penalties.The Cool DownWashington hospice staff say private equity 'joint venture' brought rushed visits, false recordsIn May 2025, Compassus took over daily operations of Providence's hospice services following a 50/50 joint venture partnership between the nonprofit health system and the private equity-backed home health company announced the previous October. Hospice staff allege the transition brought pressure to increase patient visits from 13-15 to 20-25 per shift, along with instructions to falsify records including backdating documents and misclassifying missed visits as patient-requested. Workers filed complaints with Washington's attorney general and labor department, while regulators in Oregon approved the deal only after requiring the venture to invest $30 million in services over five years.StatelinePrivate equity might dodge state laws by partnering with healthcare nonprofits • StatelinePrivate equity firms are increasingly using joint ventures with nonprofit healthcare systems as a potential workaround to state laws designed to increase oversight of private equity involvement in healthcare, raising concerns about patient care and regulatory gaps. Specific cases documented include Compassus, owned by TowerBrook Capital Partners and Ascension, assuming operational control of Providence hospice and home health services in Washington state, where staff report being pressured to increase patient loads and allegations of falsified paperwork, and Lifepoint Healthcare, owned by Apollo Global Management, through its Duke LifePoint joint venture with Duke Health, which has faced federal and state investigations over patient safety and care quality issues. Oregon regulators expressed concerns about conflicting goals between nonprofits and private equity firms before conditionally approving a similar joint venture, with critics arguing that recent state legislation may not extend to this business model.MedCity NewsReport Highlights Private Equity’s Lesser-Known Strategy: Nonprofit Joint VenturesA report from the Private Equity Stakeholder Project details how private equity firms are increasingly using joint ventures with nonprofit health systems to expand in healthcare, a strategy that has received less scrutiny than traditional acquisitions. The report found over 500 healthcare facilities currently operate under nonprofit-private equity joint ventures, with 21.4% of private equity-owned hospitals owned through these arrangements. Case studies examine Lifepoint Health (owned by Apollo Global Management), Compassus, Ardent Health Services, and Ascension, while the report calls for updated IRS guidance and expanded regulatory oversight.LucasbattonWanda L. Stowe Obituary Jun 24, 2026Wanda Lee Stowe passed away on June 24, 2026, at the age of 74, surrounded by family. She is survived by her three children, grandchildren, and many siblings, with a memorial service planned for July 18, 2026, at Espyville Church in Marion, Ohio. Memorial contributions can be made to St. Jude Children’s Research Hospital or Compassus Hospice.The Lund ReportProvidence-Compassus home health deal can go forward, state saysThe Oregon Health Authority conditionally approved Providence's joint venture with FC Compassus to spin off the health system's home health and hospice operations, requiring a $30 million investment in Oregon operations over five years as a condition for approval. The deal, backed by private equity firm TowerBrook, has sparked concerns from the Oregon Nurses Association about care quality under for-profit management, though public objections can be filed until May 30. The transaction is already moving forward in Washington, Alaska, Texas, and California, and regulators will conduct follow-up reviews at one, two, and five years.Willamette WeekOregon’s Largest Home Health Care Network Could Soon Be Under New, Private Equity-Backed ManagementThe Oregon Health Authority approved a 50-50 joint venture between nonprofit Providence Health & Services and for-profit Compassus, allowing private equity-backed management to take over Oregon's largest home health and hospice care network after over a year of regulatory scrutiny. The deal creates a new brand, "Providence at Home with Compassus," with conditions including $30 million in investment over five years and maintenance of existing service locations. Regulators acknowledged the venture may reduce less profitable services in rural areas or for medically complex patients, despite public opposition citing concerns about private equity's profit-seeking motives and Compassus's history of alleged Medicare fraud.