BrightSpring Launches $1B IPO

BrightSpring Health Services is pursuing an initial public offering (IPO) and expects to begin trading on the NASDAQ. The company, which does not yet have a stock symbol, seeks to raise $1 billion through the IPO. The company indicated its intent to go public on Tuesday in a U.S. Securities and Exchange Commission filing. The […]

New Directors at Iowa River, Home Health of the Ozarks; C-Suite Shifts at Elara Caring, VIA Health

Home Health of the Ozarks and Hospice of Care Names New Director Missouri-based Texas County Memorial Hospital (TCMH) has appointed Cheryl Maley, registered nurse, as new director of Home Health of the Ozarks and Hospice of Care. Maley joined the hospital system’s home health department in 2012 as a certified nurse assistant, later becoming a […]

BrightSpring Refiles to Go Public, Zeros in on $1 Billion Goal

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 […]

How Contessa’s Palliative Care Business Factored Into the Amedisys-Optum Transaction

Negotiations around Amedisys Inc.’s (NASDAQ: AMED) Contessa subsidiary were a significant contributor to the pendulum swing that led to the company’s acquisition by UnitedHealth Group’s (NYSE: UNH) Optum rather than Option Care Health (NASDAQ: OPCH). Optum in June penned its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 […]

BrightSpring to Go Public, Trading on NASDAQ

BrightSpring Health Services is pursuing an initial public offering (IPO) and expects to begin trading on the NASDAQ. The company, which does not yet have a stock symbol, seeks to raise $100 million through the IPO. BrightSpring is a home and community-based health care services platform. The company entered the hospice space in February with […]