Oregon’s Health Care Market Oversight (HCMO) program is reviewing a proposal to spin off Providence’s home health and hospice services into a joint venture supported by private equity. Sarah Bartlemann, the cost programs manager for Oregon’s Health Authority (OHA), confirmed the review in a letter to a Washington D.C. attorney representing Compassus, Providence’s partner in […]
Compassus
Some nurses are expressing concerns about the rapid adoption of artificial intelligence and virtual nursing in health care, arguing that these technologies could compromise patient safety. AI has various applications in the health care industry. Often, AI technology is relying on algorithms developed from patients’ electronic health records and other data sources collected from patients […]
On Nov. 1, the Centers for Medicare & Medicaid Services (CMS) issued the final home health payment rule for 2025, updating Medicare policies and rates for home health agencies. But while the payment-related information grabbed headlines, there are plenty of other changes to home health care within the rule that providers should be paying attention […]
Compassus – one of the largest home-based care organizations in the U.S. – takes a unique path to growth. Of late, the company has formed new joint ventures with prominent health systems. Those JVs come with advantages. “I think that’s a differentiator for us,” Compassus CEO Mike Asselta recently told me. “It’s something that’s really […]
The home infusion industry is experiencing significant growth due to the increasing number of aging patients wanting to remain in their homes. However, like many areas of home-based care, reimbursement isn’t keeping up with the cost of care. Driven by an emphasis on cost-effectiveness, containment and the desire for patients to remain at home while […]
The Federation of American Hospitals (FAH) released a statement Thursday regarding recent investigations into Medicare Advantage (MA) plans. Those investigations included concerns around claim denials, as well as discrepancies between MA plan practices when compared to traditional Medicare. It is yet another example of health care providers and advocates pushing back. It also shows that […]
Compassus has signed an agreement to form a joint venture with the health system Providence. The partnership will include home health care, hospice, community-based palliative care and home care services. It is the latest example of Compassus’ overarching joint venture growth strategy. “Providence at Home with Compassus” will be the name of the venture. In […]
BrightSpring Health Services completes Haven Hospice acquisition BrightSpring Health Services (Nasdaq: BTSG) announced earlier this month that it has finalized its $60 million acquisition of the assets of North Central Hospice and Haven Medical Group, which collectively make up Haven Hospice. The deal was first announced in June, and was finalized as of Sept. 1. […]
Top home health leaders maintain that they’re operating in a space filled with “tons of opportunity.” Payment uncertainty and other contemporary operating dynamics can muddy the waters, but there’s a way through those challenges, those leaders believe. “I’m going to sound delusional,” Pinnacle Home Care CEO Shane Donaldson told me on stage last week at […]
Home-based care leaders are gaining some gusto. They are at the helm of the organizations that should, theoretically, be the beneficiaries of an overload of demand over the next decade. In the past, providers have pleaded for a “seat at the table” in the health care continuum. But, to a certain extent, they now hold […]
Subscribe
Receive industry updates and breaking news from HHCN