Paul VerHoeve is stepping down as the CEO of Mission Healthcare.
VerHoeve made the announcement on his LinkedIn page on June 4.
“After almost five years leading Mission Healthcare, I am stepping down as the CEO of the company,” VerHoeve wrote. “I am excited to watch the company continue to grow and live out its mission of ‘Taking Care of People.’ There are too many people to thank individually, but I am extremely grateful for the amazing relationships that have been built with the more than 1,500 team members.”
Mission Healthcare is a large, regional provider of home health, hospice and palliative care services in seven states. Based in San Diego, the company is backed by the Chicago-based PE firm The Vistria Group.
VerHoeve wrote that he will continue to be an investor and advisor to the company moving forward.
Under VerHoeve’s leadership, Mission Healthcare went from 10 locations to 40 and expanded from the southern California market to seven total states. The company now has over 1,500 employees and cares for an average of 5,000 patients per day.
Prior to December 2020, Mission was backed by California-based private equity firm and investor HCAP Partners. Near the end of 2020, HCAP exited its investment in Mission and The Vistria Group stepped in to support the provider’s growth strategy.
Originally launched as a home health-only company, Mission added to its portfolio over the years under VerHoeve, notably adding a comprehensive palliative care line during the COVID-19 pandemic to fill gaps in care.
“We found that there was an unmet need,” VerHoeve told HHCN at the time. “A group of patients were kind of falling in between the cracks, going home with a lot of needs but not necessarily being able to be supported or followed accordingly.”
In 2021, Mission made the largest acquisition in the company’s history when it acquired Healthy Living Network, a multi-state home health provider. The deal doubled Mission Healthcare’s business offerings.
HHCN reached out to Mission Healthcare and VerHoeve for comment but did not hear back as of Monday evening.
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