Transactions: HCS-Girling’s Deal With Pinnacle Home Care; BrightSpring Health To Acquire Haven

HCS-Girling and Pinnacle Home Care announced earlier this month that the two companies have a definitive agreement to enter into a strategic partnership. Financial terms of the deal were not disclosed. The New York-based HCS-Girling provides home health and home care services, and Pinnacle Home Care is one of the largest home health providers in […]

Home-Based Primary Care Could Become Larger Part Of BrightSpring’s ‘Winning Formula’

Primary care will be an additional area of home-based care focus for BrightSpring Health Services (Nasdaq: BTSG) over the next few years. BrightSpring President and CEO Jon Rousseau discussed it as part of the company’s broader strategy at the Goldman Sachs 45th Annual Global Healthcare Conference Monday. “Our playbook — which has been successful really […]

Transactions: Dover Health Expands Through Acquisition; Parkview Forms JV With CommonSpirit Health at Home

Dover expands footprint Dover Health is expanding its footprint into Illinois. The company has acquired Centered Care Hospice and Palliative Care, and Cornerstone Home Health. Through the acquisitions, Dover Health will now serve Cook, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Lake and Will counties in Illinois. Dover Health is a health care organization that offers […]

BrightSpring Sees 73% Reductions In Hospitalizations By Coupling Home Health Care, Medication Management

At BrightSpring Health Services (Nasdaq: BTSG), home health is one of the key ingredients to dramatically reducing hospitalizations. The other ingredient is the company’s medication management program for individuals in their homes. “Our medication management program … has demonstrated a 73% reduction in hospitalizations when utilized together with our home health,” Jon Rousseau, president and […]

BrightSpring Closes Multiple Deals, Including A Home-Based Care Acquisition

Two months after it was first listed on the public market, BrightSpring Health Services (Nasdaq: BTSG) has closed on multiple acquisitions. The company announced Tuesday that it has acquired a Maryland-based home health operation, the remaining equity interest in a behavioral therapy JV in Michigan and a long-term care pharmacy in Montana. For one, the […]

‘Much Bigger Opportunity’: BrightSpring Enters The Public Market With Ambitious Growth Goals

Of late, it hasn’t always been sunshine and rainbows for home-based care providers after hitting the public market. BrightSpring Health Services (Nasdaq: BTSG), however, is trying to buck that trend. “We have strategically positioned BrightSpring to be a major player in the areas of greatest need in health care and in some of the most […]

How BrightSpring Health Services Leverages Specificity To Cut Through Employee Burnout

BrightSpring Health Services (Nasdaq: BTSG) – the newest home-based care representative on the public market – is trying to solve the same issues most other agencies currently are. That includes, among many others, employee burnout. Despite massive scale and resources, BrightSpring is still trying to figure out how it can keep its best workers from […]

BrightSpring Health Services Files To Go Public For The Second Time

BrightSpring Health Services officially filed plans for an initial public offering Tuesday. The home- and community-based services provider first planned to go public in 2021, but ultimately decided against it. Now, those plans are full speed ahead yet again. “With over 40 years of experience caring for ‘must-serve’ client and patient populations, we deliver care […]

New BrightSpring Program Slashes Hospitalization Rate For Home Health Patients

Home health patients enrolled in BrightSpring Health Services’ medication adherence program experienced a hospitalization rate that was 73.1% lower than those outside of the program. That’s according to a new study that took a closer look at medication intake for the company’s home health patients. “The magnitude of the reduction in hospitalization rate among patients […]