Providence Health and Compassus join forces for home-based care services
- Providence Health and Compassus have formed a joint venture named 'Providence at Home with Compassus' to enhance access to home-based care services, such as home health, hospice, and palliative care, across seven states in the Western United States.
- Compassus will manage the operations, bringing its extensive experience and technology in home-based care to the partnership, leveraging its infrastructure like electronic medical records and predictive analytics to improve care delivery.
- The joint venture aims to meet the increasing demand for home-based healthcare as the population ages, emphasizing compassionate, person-centered care, with a commitment to smooth transition and regulatory compliance.
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A New Era in Home Health Care
Providence Health, one of the largest not-for-profit health systems in the Western United States, has announced a groundbreaking joint venture with Compassus, a leading provider of integrated home-based care services. This strategic partnership aims to enhance access to high-quality home health, hospice, community-based palliative care, and private duty caregiving services across seven states: Washington, Montana, Oregon, California, New Mexico, Texas, and Alaska.
The Joint Venture: A Comprehensive Approach to Home Care
Under the agreement, the new entity will be named "Providence at Home with Compassus." Compassus will manage operations for the joint venture, which will include 24 home health locations in Alaska, California, Oregon, and Washington, as well as 17 hospice and palliative care locations in Alaska, California, Oregon, Texas, and Washington. Additionally, the joint venture will provide private duty services in Southern California.
This comprehensive approach to home care is a testament to both organizations' commitment to delivering person-centered care in the comfort of patients' homes. Terri Warren, Providence’s chief of community services, emphasized the significance of this partnership: "Serving people in their home, many of whom are at their most vulnerable, is sacred work and a deeply held part of the Providence mission. As our communities age, we have been thoughtfully evaluating how to best meet the growing need for these services. Compassus shares our commitment to these services and will enable us to expand access to care in the comfort of home".
Compassus: A Proven Leader in Home-Based Care
Compassus is no stranger to joint ventures with not-for-profit health systems. The company has forged similar partnerships with providers such as Ascension, Bon Secours Mercy Health, and OhioHealth. With over 7,000 team members serving patients across more than 270 locations in 30 states, Compassus brings a wealth of experience and technology to the table. Their infrastructure includes electronic medical records, mobile devices, predictive analytics, and billing systems specifically designed for in-home care.
A Strategic Move for Providence
Providence Health has chosen Compassus for its proven track record in delivering high-quality home-based care. By leveraging Compassus’ operational expertise and technology, Providence aims to improve care delivery and expand its reach in the community. The partnership is a strategic move to address the growing demand for home health services as the population ages.
Expanding Reach and Improving Care
The joint venture will enable Providence to provide spiritually grounded care to help improve the quality of life for patients and their families. Compassus CEO Mike Asselta highlighted the importance of alignment with health systems in delivering home care: “Our alignment with health systems gives us a different and more interesting view on what the opportunity is with home care – home health, hospice, home infusion included. Those [service lines] are all part of our strategy with these JVs, and there will be more. This is a strategy that Compassus will continue pressing into”.
Regulatory Review and Smooth Transition
While the joint venture is subject to regulatory review, both organizations are committed to ensuring a smooth transition. Providence notified the Oregon Nurses Association of the transaction in an email, assuring them that the deal will allow Providence to take advantage of Compassus’ experience in delivering home health care.
Impact on the Community
The partnership between Providence Health and Compassus is expected to have a significant impact on the community. By expanding access to home-based care services, both organizations aim to improve health outcomes and enhance patient satisfaction. The joint venture will also support the home health, hospice, palliative, and private duty caregivers transferring employment to the new entity, ensuring continuity of care for patients and their families.
Conclusion
The collaboration between Providence Health and Compassus marks a significant milestone in the delivery of high-quality home-based care services. This joint venture not only demonstrates the commitment of both organizations to improving patient care but also underscores the importance of innovative partnerships in addressing the evolving healthcare landscape. As the demand for home health services continues to grow, this partnership is poised to provide compassionate, person-centered care to support more patients and families in the comfort of their own homes.
