Large systems outsource home care to focus on 'core business'

Large systems outsource home care to focus on 'core business' 
Becker's Hospital CFO Report; by Alan Condon; 10/25/24 
A growing number of health systems are outsourcing home health and hospice operations to third-party specialists with broader geographic reach to reduce cost and administrative burdens and focus on core services. The regulatory environment for home health and hospice is complex, with stringent requirements for reimbursement, reporting and patient care standards. Partnering with an outsourced provider also helps systems mitigate the risks associated with non-compliance and operational issues. Here are four health systems that have outsourced or plan to outsource home health and hospicare care:

1. Renton, Wash.-based Providence plans to outsource home-based care services to Compassus, a home care provider with 270 locations across 30 states, through a new joint venture.  ....
2. Columbus-based OhioHealth is also outsourcing its home health and hospice services to Compassus. ...
3.  Cincinnati-based Bon Secours Mercy Health in March finalized an agreement to transfer operations of its home health and hospice operations across five states to Compassus. ...
4. In February, Nashville, Tenn.-based Ascension Saint Thomas transitioned its home care operations to Compassus. ...