Medically Home Raises $10M; Tennessee Home Health Businesses Merge with BrightSpring

Hospital-at-home company raises $10M in Series B funding Medically Home — a Boston-based technology-enabled services company — has raised $10 million in Series B funding. The round was led by Cardinal Health and other investors. Founded in 2017, Medically Home brings hospital-level care into the home, sending clinicians, technology, equipment, medication and supplies directly to […]

BrightSpring Adds to Executive Team, Encompass HR Chief Retiring

BrightSpring adds new clinical, compliance execs BrightSpring Health Services, one of the country’s largest home and community-based health services providers for high-need populations, has hired a new chief clinical officer and a new chief compliance officer. Susan Sender will take the reigns as the company’s chief clinical officer, while Rachael Kurzer Givens has been named […]

PE-Owned Hospice Giant Compassus Reportedly Considering a Sale

Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]

From Death Doulas to Minimum Wage Hikes: 10 Memorable Stories from 2018

Home Health Care News’ most-read stories of 2018 largely focused on Medicare Advantage changes, payment updates and regulatory initiatives. But every year there are also stories that don’t make our most-read list that we feel are deserving of another look. These stories highlight interesting trends, shed light on important topics and capture some of the […]

Home Care Giant BrightSpring to Merge with Major LTC Pharmacy PharMerica

Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms […]

Rumors Swirl Around Possible BrightSpring, Civitas Sales

Persistent rumors are swirling around a potential sale of home care services provider BrightSpring Health, formerly known as ResCare, by private equity ownership group Onex Corp. Civitas Solutions Inc. (NYSE: CIVI), another large home- and community-based service provider to individuals with disabilities, has now become subject to sale speculation as well. Louisville, Kentucky-based BrightSpring and […]

ResCare Rebrands as BrightSpring Health Services

Louisville, Kentucky-based ResCare has made another move to revitalize its brand. The company announced Wednesday that it has a new name—BrightSpring Health Services. “Simply stated, the updated name better reflects who we are today and where we’re going,” BrightSpring Health Services President and CEO Jon Rousseau told Home Health Care News via email. “Our rebranding demonstrates the progress we’ve made […]