Private equity might dodge state laws by partnering with healthcare nonprofits

By: Anna Claire Vollers

Outlets: Stateline

Published: July 13, 2026

Words: 2,058

Last Updated: 2 days, 1 hour ago

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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 …

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