BrightSpring Health Services (Nasdaq: BTSG) expects its acquisition of former Amedisys and LHC Group locations to close in the fourth quarter of the year and to become accretive in 2026. The sale has been contingent on the outcome of the UnitedHealth Group’s (NYSE: UNH) own acquisition of Amedisys, which closed in August. That deal had […]
BrightSpring Health Services’ (Nasdaq: BTSG) health care provider businesses are undergoing a growth spurt, a trend that the company’s forthcoming acquisition of divested Amedisys locations may accelerate. The sale has been contingent on the closure of the UnitedHealth Group’s (NYSE: UNH) own acquisition of Amedisys, which had been delayed by an investigation and lawsuit by […]
The nation’s largest hospice companies are seeing significant hospice growth amid executive changes and rising interest in M&A. These are the key themes that emerged during this year’s second quarter earnings season, in which publicly traded home health and hospice companies report their financial results, guidance for the remainder of the year and other key […]
BrightSpring Health Services (Nasdaq: BTSG) is taking a slow and steady look at acquisition opportunities through the remainder of the year. The company is allowing the dust to settle on the divestiture of its community living business to Setiva for $835 million before once again investing heavily in acquisitions, according to CEO, President and Chairman […]
The Pennant Group (Nasdaq: PTNG) is expanding into the southeastern United States with the forthcoming purchase of agencies divested by Amedisys (Nasdaq: AMED) and UnitedHealth Group (NYSE: UNH). The sale has been contingent on the closure of the UnitedHealth Group’s own acquisition of Amedisys, which has been delayed by an investigation and lawsuit by the […]
Amedisys Inc. (Nasdaq: AMED) saw hospice revenue-per-day and costs-per-day both rise during the second quarter of the year. The company released its Q2 results on Wednesday with no associated conference call. Amedisys is in the process of being acquired by the insurance giant UnitedHealth Group (NYSE: UNH), which has been gummed up by legal and […]
Michael McMaude has resigned as the president of hospice services of BrightSpring Health Services (Nasdaq: BTSG), effective Friday. He will continue to provide services to the company as a non-employee consultant, according to a U.S. Securities and Exchange Commission filing by BrightSpring. He will receive a consulting fee equal to $2,000 per month during the […]
Hospice has emerged as a growth engine for publicly traded home-based care companies, several of which are on the hunt for acquisitions. Hospice has buoyed growth for several companies as they battle home health-related headwinds, including reimbursement pressures. Companies like VITAS Healthcare, which only provide hospice and palliative care, also saw substantial growth. VITAS is […]
The U.S. Department of Justice (DOJ) has rejected the sale of Amedisys’ (Nasdaq: AMED) home health and hospice assets to BrightSpring Health Services Inc. (Nasdaq: BTSG) and The Pennant Group (Nasdaq: PNTG) as a remedy to an ongoing lawsuit. Amedisys earlier this month announced the divestiture of a number of its home health and hospice […]
BrightSpring Health Services (Nasdaq: BTSG) stands to substantially expand its footprint through its pending deal to acquire a number of care centers from Amedisys Inc. (Nasdaq: AMED) and UnitedHealth Group (NYSE: UNH). Amedisys is selling an unspecified number of home health and hospice locations to Adoration Home Health Acquisitions LLC, Adoration Hospice Care Acquisitions LLC […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
