BrightSpring Health Services No Longer Plans To Go Public

BrightSpring Health Services – a large home- and community-based services provider – is not going through with its planned IPO, according to an S-1 filing. Backed by the PE firm KKR and Walgreens Boots Alliance (Nasdaq: WBA), the company had initially filed the paperwork for an IPO that was expected to raise close to $800 […]

What More PE Involvement Could Mean In Personal Home Care

Home care executives are expecting a few separate things to shake up the market in the coming years. Among those are an increase in franchising, more private equity involvement and innovation to keep pace with higher costs. Consolidation in home care has lagged compared to home health care. One of the reasons why is that […]

Why Private Equity Wants To Be ‘In The Home’ For The Long Haul

Private equity interest in home-based care has steadily increased over the years. The number of company names now preceded by “private equity-backed” in Home Health Care News stories is all the evidence you need. I wondered if PE firms would back off during the period between the unfavorable proposed home health payment rule and the […]

Former Landmark CEO Joins The Vistria Group; AccordCare Picks Former Kindred VP for COO

Nick Loporcaro joins The Vistria Group The former CEO of Landmark Health, Nick Loporcaro, has joined the The Vistria Group as a senior operating partner for its health care team. Loporcaro served as the CEO of Landmark, an in-home medical care provider, for over three years. The company was acquired by UnitedHealth Group’s (NYSE: UNH) […]

Investors Shifting Their Focus to Value-Based Care Businesses

In 2021 alone, a handful of investment organizations have launched with the objective of operating within the value-based care space. The existence of these companies exemplifies how businesses in value-based care are increasingly becoming attractive commodities. Broadly, value-based care is the concept of paying providers based on some measure of the quality of their care […]

Post-Acute Analytics Firm Trella Health Closes ‘Significant’ Funding Round, Plans to Double in Size

Trella Health – a post-acute analytics and metrics firm – has closed on a “significant” funding round, the company announced Tuesday. Financial details were not disclosed. The round was led by Cressey & Company LP, a private investment firm focused on health care services and information technology businesses. Cressey & Company has also invested in […]