Nearly a year after shying away from becoming an initial public offering (IPO), BrightSpring Health Services Inc. has allegedly re-filed, this time with a much higher valuation. The company, which does not yet have a stock symbol, raised the bar from when it initially filed in October 2021 with a $100 million listing. BrightSpring later […]
Axios
Gentiva’s recent $710 million acquisition of ProMedica’s hospice and home-based care assets bucks prevailing trends in today’s M&A market. Transaction volume dipped during 2022, specifically when it came to large platform deals by private equity firms. Many in the space expect smaller deals to become more prevalent during the first half of 2023, particularly in […]
Humana (NYSE: HUM) is reorienting the hospice segment of its Kindred At Home subsidiary as a standalone business in anticipation of a forthcoming sale. The company also pledged to boost its overall enterprise value by an additional $1 billion, though Humana is still working out the timeframe in which they expect to hit that target. […]