Compassus and OhioHealth Form 'OhioHealth at Home' Partnership; Compassus Acquires 3 Hospice and 4 Home Health Locations
September 4, 2024
Compassus has acquired ownership interest in three hospice locations and four home health locations formerly led by OhioHealth and will operate the services as OhioHealth at Home in partnership with OhioHealth. Compassus will manage operations across the transferred locations while OhioHealth continues to participate in care delivery; OhioHealth's Athens hospice services and the Kobacker House in Columbus are excluded from the partnership.
- Buyers
- Compassus
- Targets
- OhioHealth home health and hospice locations (three hospice locations; four home health locations)
- Sellers
- OhioHealth
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Humana Acquires onehome
June 14, 2021
Healthcare Services
Humana Inc. has signed a definitive agreement to acquire onehome (One Homecare Solutions) from WayPoint Capital Partners, accelerating Humana's development of a value-based home health offering and complementing its Kindred at Home integration. onehome, headquartered in Miramar, Florida, provides home-based services including home health, infusion, and DME and has experience with risk-based contracting in Florida and Texas; financial terms were not disclosed.
-
Mission Healthcare Acquires Alliance Home Health & Hospice Care
March 15, 2021
Healthcare Services
San Diego-based Mission Healthcare has acquired Alliance Home Health & Hospice Care, a Medicare-certified home health and hospice provider in Pleasanton, California. The deal is Mission's first acquisition outside Southern California and expands its continuum-of-care services into the Bay Area to provide home health, hospice and palliative care under Mission's model and technology.
-
Addus HomeCare Acquires Hospice Partners of America for $130M
October 1, 2019
Healthcare Services
Addus HomeCare Corporation completed the acquisition of Hospice Partners of America, LLC for a cash purchase price of $130.0 million. The deal, which New Capital Partners sold, expands Addus’ hospice capabilities and provides strategic entry into new geographic markets including Texas; Hospice Partners serves ~1,000 patients daily across 21 locations with approximately $55 million of annualized revenue.
-
Dialyze Direct Acquires Compass Home Dialysis
April 7, 2022
Healthcare Services
Dialyze Direct has completed the acquisition of Compass Home Dialysis, a regional Pennsylvania dialysis provider with on-site services in nine skilled nursing facilities and an outpatient clinic. The deal—previously sponsored by Walnut Court Capital—advances Dialyze Direct’s strategy to expand its SNF-focused home hemodialysis footprint and consolidate its position as a leading provider of dialysis in skilled nursing facilities.
-
Addus HomeCare Acquires Queen City Hospice and Miracle City Hospice for $192M
February 2, 2021
Healthcare Services
Addus HomeCare Corporation agreed to acquire Queen City Hospice, LLC and affiliate Miracle City Hospice, LLC for a cash purchase price of $192.0 million. The Cincinnati-based hospice provider serves roughly 900 patients daily with over 600 employees; Addus said the deal expands its hospice and home health capabilities in Ohio and is expected to be immediately accretive.
-
Humana Acquires Kindred at Home
August 17, 2021
Healthcare Services
Humana Inc. has acquired the remaining 60% interest in Kindred at Home from private equity sponsors TPG Capital and Welsh, Carson, Anderson & Stowe in an $8.1 billion enterprise-value transaction, making Humana the nation’s largest provider of care in the home. Kindred at Home operates home health, hospice and personal care services across ~40 states (serving ~550,000 patients annually and employing ~43,000 caregivers) and will be integrated into Humana’s Home Solutions/CenterWell home health platform to accelerate value-based, home-based clinical care.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.