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Oregon backs Providence’s home health spin‑off to private equity‑backed firm – with conditions
Oregon backs Providence’s home health spin‑off to private equity‑backed firm – with conditions
Oregon backs Providence’s home health spin‑off to private equity‑backed firm – with conditions

Published on: 05/18/2026

This news was posted by Oregon Today News

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Description

Providence has won conditional approval from Oregon health regulators to hand half‑ownership and control of its home health and hospice operations to Compassus, a Tennessee‑based, private equity‑backed health care company.

Oregon health officials have tentatively given the green light – with strings attached – to a controversial deal that will give a private equity-backed, for-profit healthcare company a major role in Providence’s home health and hospice operations in Oregon.

News Source : https://www.oregonlive.com/health/2026/05/oregon-backs-providences-home-health-spinoff-to-private-equitybacked-firm-with-conditions.html

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