Another big home-based care player is going public. BrightSpring Health Services filed the paperwork for a $100 million initial public offering on Monday, realizing the long-time speculation of industry insiders who believed an IPO was just a matter of time for the Louisville, Kentucky-based company. “We are an essential part of our nation’s health delivery […]
Home health, hospice and personal care dealmaking has continued its fast pace throughout 2021 after a COVID-19-induced dry spell last year. As the industry looks forward to 2022, one trend that may pick up steam is an uptick in small-scale transactions. In fact, deals that many buyers wouldn’t consider just a few years ago are […]
Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]
The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest […]
Valeo Home Health lands Hearts for Hospice & Home Health Valeo Home Health & Hospice has acquired Hearts for Hospice & Home Health from Abode Healthcare. Valeo is PE-backed provider based in Millcreek, Utah, that provides a mix of post-acute care services Strategically, the acquisition increases Valeo’s presence in Utah, as Hearts for Hospice & […]
BrightSpring Health Services has reportedly brokered a deal to acquire Abode Hospice and Home Health, according to PE Hub. Based in Louisville, Kentucky, BrightSpring provides a diverse array of home- and community-based services, serving more than 350,000 patients across 50 states. In 2019, BrightSpring was acquired by global investment firm KKR, with Walgreens Boots Alliance […]
Over the past few years, home care has gained more of a foothold on the larger health care continuum. One company, BrightSpring Health Services, exemplifies this evolution in the role of home care. Based in Louisville, Kentucky, BrightSpring provides a diverse array of home- and community-based services. It serves more than 350,000 patients across 50 […]
There has been no such thing as conventional wisdom during the COVID-19 crisis. Theories on best practices and safety measures have evolved endlessly since March. For Louisville, Kentucky-based BrightSpring Health Services, a company that has been transparent about its road bumps and triumphs on its COVID-19 journey, one of its key takeaways has been how […]
Hoping to create new revenue streams, home health agencies are more frequently turning to Medicare Part B. In fact, some agencies are finding that delivering services under Part B is a natural progression for them. In the case of First Choice Home Health and Hospice, deciding to offer Medicare Part B services was a case […]
Since joining BrightSpring Health Services in the fourth quarter of 2016, CEO and President Jon Rousseau has helped lead a massive transformation of the Louisville, Kentucky-based home- and community-based health services provider. In August 2018, for example, Rousseau implemented a brand-revitalization consistent with an updated business strategy, with BrightSpring officially moving away from its former […]
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