Compassus has long solidified its spot in the increasingly crowded hospice field. But as the company continues to move forward, it’s positioning itself as an all-around post-acute care provider, with the core of its model being home-based care. “Historically, we’ve been primarily a hospice company, but I think what we’ve learned in hospice care is […]
Moving Health Home — the new provider coalition formed in early March dedicated to advancing home-based care in the United States — has landed seven new members. The Washington, D.C.-based industry group announced Friday that Compassus, UPMC, U.S. Medical Management, the Visiting Nurse Service of New York (VNSNY), Advocate Aurora Health, Contessa Health and Vituity […]
Synergy HomeCare has partnered with Compassus. The deal will allow the pair to offer both companies’ services to their clients. Synergy is a Gilbert, Arizona-based non-medical home care franchise that operates roughly 170 franchise locations nationwide. Nashville, Tennessee-based Compassus offers home health care services, plus infusion therapy, palliative care and hospice care. Currently, the company […]
TEAM Services Group acquires AmeriBest Home Care TEAM Services Group, a portfolio company of Alpine Investors, has purchased AmeriBest Home Care from Boyne Capital, a Miami-based private equity firm. The financial terms of the deal were not disclosed. Philadelphia-based AmeriBest is a home agency that provides services that include long-term care, skilled nursing, medical social […]
Despite a recent uptick in M&A activity within the hospice space, many industry leaders still see private duty home care and medical home health care as the greatest growth areas for the in-home care industry in 2019. Meanwhile, the year ahead will also be filled with new technology adaptation, driven by payment model changes and […]
Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]
With more than 1.4 million Americans receiving hospice care every year, the demand for high-quality end-of-life care is only projected to rise in years to come. In Minnesota, a “death-positive” movement is to thank, experts say. The number of hospice patients in Minnesota has tripled since 2000 and currently accounts for more than half of […]
LHC Group Promotes Bruce Greenstein to Chief Strategy Officer Just a few months after announcing his hire, LHC Group (Nasdaq: LHCG) has promoted Bruce Greenstein to executive vice president and chief strategy and innovation officer. Greenstein — who previously served as chief technology officer for the U.S. Department of Health and Human Services — first […]
Traditions Health Names New Chief Financial Officer Alan Blakeney is joining Traditions Health, LLC, a home health and hospice provider in Texas and California, as its new chief financial officer. College Station, Texas-based Traditions is a holding company that focuses on the health care industry and related businesses, including home health, hospice and online policy […]
Bayada Home Health Care Names Jennifer Scoggins the New Director of its Bennington Office Bayada Home Health Care named Jennifer Scoggins, who has been working with the company as a physical therapist since 2014, the new director of its Bennington, Vermont office, according to an report from the Bennington Banner. Bayada is a provider of […]
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