How BrightSpring Plans to Win Home Care’s Medication Management Battle

Failure to adhere to a medication regimen is often cited as the No. 1 reason people — especially older adults with multiple chronic conditions — are sent back to the hospital following discharge. To change that, many home care providers have started to make in-home medication management a core component of their operations. That group […]

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 […]

BrightSpring Adds to Executive Team, Encompass HR Chief Retiring

BrightSpring adds new clinical, compliance execs BrightSpring Health Services, one of the country’s largest home and community-based health services providers for high-need populations, has hired a new chief clinical officer and a new chief compliance officer. Susan Sender will take the reigns as the company’s chief clinical officer, while Rachael Kurzer Givens has been named […]

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 […]

Home Care Giant BrightSpring to Merge with Major LTC Pharmacy PharMerica

Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms […]

Louisville Health Care CEOs Form Council for Aging

On the heels of opening the doors to the industry’s first-ever technology innovation hub, in Louisville, Kentucky, leaders from some of the biggest home health care companies are teaming up with other executives from across the health care space in the city to revolutionize the city’s health care economy by establishing the Louisville Healthcare CEO Council, […]

Home Health Newcomer Has Lofty Ambitions, $50 Million in Capital

Establishing a home infusion brand and quickly growing it to become one of the top five providers in the U.S., selling it to a major long-term care pharmacy, and then transitioning into the home health industry might seem like a pipe dream for some. For industry veteran Jim Glynn, however, this dream has become a […]