EVERETT — Some nurses in the state say an upcoming joint venture between Providence Home and Community Care and Compassus, a for-profit company with private equity ownership, could have an adverse effect on health care.
The deal, expected to be finalized in Washington early this year, would affect multiple Providence locations in the state, including Providence Hospice and Home Care of Snohomish County in Everett. The joint venture impacts locations in five U.S. states.
Under a new name — Providence at Home with Compassus — Providence would have a 50% stake, but management and day-to-day operations would fall under Compassus, a national home health care provider…