The Oregon Health Authority cleared the way on Friday for a private equity-backed company to take over management of the state’s largest home health and hospice care network. The major, multistate deal between Providence Health & Services and Compassus has been brewing for some time now. But even as it went into effect elsewhere, it has been held up for more than a year in Oregon as regulators examined the proposal warily. Under the joint 50-50 partnership, Providence, a nonprofit, would outsource its home health care work to the for-profit home health care operator. And thus would emerge a new brand: “Providence at Home with Compassus.”
Read the full article: Oregon OKs Major Deal Between Non-Profit Providence and For-Profit Compassus – Under Certain Conditions //
Source: https://www.wweek.com/news/health/2026/05/15/oregons-largest-home-health-care-network-could-soon-be-under-new-private-equity-backed-management/