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 […]
BrightSpring Health Services
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 […]
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 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 […]
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 […]
The home- and community-based services provider BrightSpring Health Services once again is planning to go public. Backed by the PE firm KKR, BrightSpring originally planned to raise $800 million in an IPO. In November of 2022, it ultimately decided against that course of action. Now, an IPO – this time with a goal of raising […]
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 […]
The home health market is made up of about 9,900 agencies, with businesses ranging in size, service mix and structure. The publicly traded home health companies, in particular, offer a snapshot of the industry in the present – and often a sneak peek at what’s to come. While the names of the publicly traded home […]
It has never been more challenging to be a home health operator. At the same time, there has never been more upside. That’s the general census of home health executives as 2021 comes to a close. Looking ahead to next year, many believe unprecedented labor struggles are likely to continue, though technology and the use […]
Home health operators each year have to adapt on a number of different fronts, from relatively minor coding updates to major payment adjustments. But in addition to the more run-of-the-mill items, providers occasionally have to navigate macro-level forces that literally change the industry itself. At least four such forces will redefine home health care in […]
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