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Yo_Mama_Been_Loggin

(139,543 posts)
Thu Jul 16, 2026, 01:54 PM 12 hrs ago

Private equity might dodge state laws by partnering with healthcare nonprofits

It wasn’t billed as a takeover.

The nonprofit hospice where Washington state nurse Milli Palmer has worked for nearly two decades announced in October 2024 that it was entering a “joint venture” with Compassus, a private equity-backed home health company. The deal was billed as a 50/50 partnership between Compassus and Providence, Palmer’s employer.

But within months, Palmer said, her employer’s priorities shifted.

After Compassus assumed control over day-to-day operations at the hospice and home health company in May 2025, management began pushing nurses and case workers to see more patients during their eight-hour shifts, she said. Staff who had been doing 13-15 patient visits per week were pressured to complete 20-25 visits.

https://washingtonstatestandard.com/2026/07/13/repub/private-equity-might-dodge-state-laws-by-partnering-with-healthcare-nonprofits/

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Private equity might dodge state laws by partnering with healthcare nonprofits (Original Post) Yo_Mama_Been_Loggin 12 hrs ago OP
So typical of how private equity runs their "businesses". SharonAnn 6 hrs ago #1

SharonAnn

(14,193 posts)
1. So typical of how private equity runs their "businesses".
Thu Jul 16, 2026, 07:51 PM
6 hrs ago

Rake in more money and provide less to your customers.

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