In February, Providence, a not-for-profit health system serving the Western U.S., and Compassus, a national provider of integrated home-based care services, completed the first phase of a joint venture (JV) focused on home health, hospice and community-based palliative care. However, Providence employees expressed concerns regarding cost-cutting measures and staffing issues. Specifically, critics of the JV […]
Providence
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 […]
CVS Health names Dr. Sreekanth Chaguturu president of health care delivery CVS Health (NYSE: CVS) has appointed Dr. Sreekanth Chaguturu the president of health care delivery. Chaguturu will serve in this position, in addition to his current roles as executive vice president and chief medical officer at the company. Chaguturu succeeds Mike Pykosz, who has […]
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 […]
Some stories are able to make a big splash instantly, while some are more of a slow burn, taking time to attract the attention of readers. While the former has already received some much deserved fanfare, Home Health Care News wanted to take the time to shine the spotlight on the latter. These stories are […]
Home-based care staffing shortages are more dire in certain parts of the country than others, a fact that could disrupt the home care and home health industries overall. The shortages in the South and Pacific Northwest are even more pronounced when factoring in the high percentage of seniors with self-care disabilities and other barriers to daily activities. […]
Providence — one of the largest health care systems in the nation — is the closest thing the U.S. has to a COVID-19 pioneer. One of its hospitals based in Washington state treated the country’s first COVID-19 positive patient back in February. Since then, the coronavirus has made its way down Providence’s care continuum, all […]
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