Founded in 2014, Compass CHC assists people with long-term health needs secure CHC funding for care outside of hospital settings. With the delivery of social good at its core, Compass CHC has established itself as a clear leader in a niche market with clear long-term demographic demand. Highly specialised and leveraging a team of more than 70 mission-led staff, including CHC specialist lawyers, paralegals, clinicians and healthcare experts, the company guides claimants through CHC eligibility assessments, appeals and retrospective claims, ensuring access to essential funding for vulnerable patients with primary health needs.
In addition to demonstrating measurable positive social impact by improving its clients’ access to funding for vital care out of hospital settings, Compass CHC has delivered exceptional growth through steadily rising case volumes over the past four years, evidencing the need for the valuable services it provides. Omni will work closely alongside Compass CHC to implement several key value-creation levers to create a more sustainable and robust business able to assist an ever-growing number of eligible claimants access CHC funding.
The investment marks a significant milestone for Omni as it continues to expand its exposure to the tech-enabled health and social care sector and provides Compass CHC with a partner committed to supporting its core mission and ambitious growth plans.
Charles Gallagher-Powell, Partner at Omni, said:
“Tim and his team have helped thousands of people receive the correct care funding over the past decade, and have built a fantastic business along the way. His vision and values chimed with us from day one, so it was a no-brainer when given the chance to partner with him and amplify Compass CHC’s positive impact on society. This is a classic Omni investment – mission-led founder, societal good at its core, and a team united in their passion for helping people at the most vulnerable point in their lives.”
Tim Davies, Founder and Chief Executive of Compass CHC, said:
“Our partnership with Omni marks an exciting new chapter for Compass CHC. We were looking for a partner to accelerate our ability to help more patients and continue the progress we have made over the past decade. With Omni’s support and expertise, I believe Compass CHC is well positioned to achieve exactly that. We believe that Omni is the right partner to help turbocharge our business and support those in need to access the care funding they deserve.” The acquisition represents Omni’s commitment to investing in mission-led businesses with societal impact. Compass CHC will continue its operations under its current management team, with plans to enhance its service offerings and explore new growth opportunities.
