There is a new leader at the helm of Compassus. The Company’s Board of Directors has appointed Michael J. Asselta as CEO.
“Compassus continues to build momentum nationwide by executing its shared mission with long-standing providers and payers to expand access to world-class home care services,” said Pat Ryan, chief executive officer of Compassus, in a press release. “Mike’s experience driving operational excellence at scale and employer-favored initiatives will be of great benefit in achieving these goals.”
Compassus is one of the largest home care providers in the country. The Brentwood, Tennessee-based company provides home health, hospice, palliative and home infusion services at more than 270 locations in 30 states.
Asselta takes over from David Grams, who has served as CEO of Compassus since 2022. Grams will take on an interim advisory role to support the transition. Grams succeeded Jim Deal as CEO.
Prior to joining Compassus, Asselta served as Chief Operating Officer of U.S. Healthcare and President of Fresenius Kidney Care at Fresenius Medical Care North America. He worked for the company for almost eight years.
Prior to Fresenius Medical Care North America, Asselta held leadership positions at companies such as Quest Diagnostics (NYSE: DGX) and SelectQuote Senior.
“Mike has an impressive track record of leading and growing multi-site healthcare delivery organizations that provide the highest quality of care, and I am confident he is the right person to lead Compassus as the company expands access to Integrated, home care continues to expand care services in collaboration with market-leading health systems and payer organizations,” said Ryan.
Last year, Home Health Care News named Compassus one of its six home health care providers to watch.
One of the reasons Compassus earned a spot on the list was its continued growth. The company appeared on the Inc. 5000 list of fastest-growing U.S. companies in 2021, 2018 and 2017. This growth was driven by both start-ups and acquisitions.
Earlier this year, the company formed a joint venture with Bon Secours Mercy Health, an Ohio-based health system.
A month earlier, Compassus and Ascension announced the expansion of their Tennessee-based home health care partnership, Ascension Saint Thomas at Home.
Asselta hopes to continue to build on these successes.
“Compassus has a strong reputation for excellence and quality home care across the country, which it continues to realize through its integrated care model and the growth of market-leading partnerships,” Asselta said in the release. “I am honored to have the opportunity to lead the organization into this next phase alongside a highly qualified management team of passionate and compassionate leaders. Together, we will continue to work to transform lives and provide person-centered care where people live as part of our mission to “Care for Who I Am.”