Home-Based Care Provider BrightSpring Health Services Again Eyeing IPO

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, PharMerica Merge in $1.32 Billion Deal

Global investment firm KKR and an affiliate of Walgreens Boots Alliance Inc. (Nasdaq: WBA) closed on their $1.32 billion acquisition of home- and community-based care BrightSpring Health Services on Wednesday. BrightSpring — formerly ResCare — merged with pharmacy company PharMerica as part of the deal. While home-focused M&A activity has hit record levels over the […]

Must-Read News: Financial Literacy Tied to Lower ER Rates

Happy Monday, Home Health Care News audience. Get a jump-start on your week with our must-read news. See what headlines caught our eye around the web and keep reading to see our top stories from last week. A new study found that older adults with higher financial literacy tend to have lower hospitalization rates. The […]

Home Health Businesses Acquired by KKR Through $9.9 Billion Envision Deal

Private equity powerhouse KKR has acquired Nashville-based Envision Healthcare Corporation (NYSE: EVHC), one of the largest doctor-staffing companies in the United States with roughly half a dozen in-home care entities under its umbrella. The $9.9 billion deal, announced Monday, is one of the biggest by a private equity firm in the past couple years, easily […]

Amedisys Buys Back $178 Million in Stock

Baton Rouge-based Amedisys Inc. (Nasdaq: AMED), one of the nation’s largest home health care providers, has purchased more than 2.4 million of its common shares for approximately $178 million from KKR (NYSE: KKR). The shares represent half the holdings of Amedisys by KKR, a global investment firm based in New York City. The shares were […]

Private Equity Pegged as New Multi-Billion Dollar Gentiva Bidder

The ongoing purchase offers and subsequent rejections between Kindred Healthcare, Inc. (NYSE:KND) and Gentiva Health Services, Inc. (NASDAQ:GTIV) has invited a new player into the mix, one that analysts assume is likely a private equity suitor for the latter home health giant. Monday, Kindred solicited its newest proposal to Gentiva in response to the company’s […]