BrightSpring Health Services Officially Announces IPO, Eyes $3 Billion Valuation

Two weeks after BrightSpring Health Services Inc. filed plans for an initial public offering (IPO), the company officially announced the move Wednesday. The company could be valued at up to $3.1 billion. For context, the home health provider Amedisys Inc. (Nasdaq: AMED) was valued at about $3.3 billion when UnitedHealth Group’s (NYSE: UNH) agreed to […]

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 […]

Disrupt — BrightSpring Health CEO Jon Rousseau on Creating ‘Surround-Sound’ Services

Shortly after ResCare CEO Jon Rousseau recorded his interview for the Disrupt podcast, the company announced a rebranding to BrightSpring Health. This reflects how quickly the Louisville, Kentucky-based company is evolving under Rousseau’s leadership. Since taking the helm in 2016 — after leading Kindred Healthcare’s rehab business — Rousseau has overseen not only the rebranding, […]

Catch Up on the Latest Episodes of Disrupt

Episode #7 of Disrupt: Randy Klein Listen to our conversation with Hometeam CEO Randy Klein and learn about: His background as senior vice president of partner development for Remedy Partners, his work in operations with the Visiting Nurse Service of New York (VNSNY), one of the nation’s largest not-for-profit community-based health care organizations. The switch of […]

New Podcast Episode: BrightSpring Health CEO Jon Rousseau

The ninth episode of the Home Health Care News podcast, Disrupt, is now available. After graduating with an economics degree from Princeton and an MBA from Harvard, Jon Rousseau began his career as an investment banker at Morgan Stanley before going into the world of private equity. Rousseau then went into the pharma industry, taking […]

Home Care Providers Tap Retirees to Fill Workforce Gaps

Home care providers face relentless pressure to recruit and retain workers, with many focused on the rising number of millennials entering the labor pool. But some providers are finding success by tapping into a different demographic: retirees. “[Retirees] offer significant professional and personal experience that they can bring to the job,” Natasha Bryant, managing director […]