Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
Artificial intelligence is likely to be a society- and business-altering technological development. But, just like the advent of the internet before it, AI’s emergence will undoubtedly lead to as many empty promises from business leaders as it does actual use cases. That’ll particularly be the case in the early innings of AI, which I believe […]
Compassus has announced a home health and hospice joint venture with Bon Secours Mercy Health (BSMH), a Ohio-based health system. Through the new JV, Compassus will manage operations for 10 home health agencies and 11 hospice operations across five states. The news of the joint venture comes on the heels of Compassus’ partnership expansion with […]
Two home-based care providers – Compassus and the Pennant Group (Nasdaq: PNTG) – have expanded their JV portfolios this week. On Wednesday, Compassus and Ascension announced the expansion of their Tennessee-based home health partnership, which is dubbed Ascension Saint Thomas at Home. Subsequently, Ascension Saint Thomas at Home’s service area now covers 17 Tennessee counties […]
As artificial intelligence becomes more applicable in health care, home-based care providers are finally diving into use cases that may work for them. The Brentwood, Tennessee-based Compassus is a prime example of that. A forward-thinking provider, it has been utilizing RPM and telehealth for years, even prior to COVID-19. Now, it’s looking at ways it […]
Home-based care providers have been waiting for the other shoe to drop on dealmaking for a year now. As 2024 nears, that shoe may be finally landing. And, in addition to M&A, genuine AI application in both home health care and home care appears to be right around the corner. Those were two of my […]
Compassus – one of the largest home-based care providers in the country – has a new CFO. John Cullen will take over the role on Oct. 30, the company announced Monday. Cullen will succeed Brad Wear, who was named CFO in 2018. “John’s extensive experience and proven leadership in the health care sector equip him […]
Elara Caring acquires American Family Home Health Elara Caring has acquired American Family Home Health, a Huntley, Illinois-based home health care provider. “In agreeing to be acquired by Elara, American Family Home Health is passing the baton to an organization that has demonstrated its full commitment to high-quality, compassionate patient care,” Ren Pillai, administrator at […]
Running a home health company in 2023 is not the same job it was 5 or 10 years ago. Leaders are now tasked with building next-generation home health entities, ones that can survive now and thrive later. In many ways, a company like Compassus already exemplifies what it means to be a next-generation home health […]
The second day of Home Health Care News’ FUTURE event began with an off-the-record breakfast conversation between HHCN+ subscribers. To kick the day off, I decided to poll the room by asking, “Does anyone in here have a Medicare Advantage success story that they could share with us?” The idea was to get a personal […]
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