Persistent Asset Partners Ltd Takes $2.25 Million Position in BrightSpring Health Services, Inc. $BTSG
Persistent Asset Partners Ltd has acquired a new position in BrightSpring Health Services, Inc. (NASDAQ:BTSG) during the third quarter, purchasing 76,060 shares valued at approximately $2.25 million. This investment now represents 1.5% of Persistent Asset Partners Ltd's portfolio, making it their 15th largest holding. Several other institutional investors have also adjusted their stakes in BrightSpring Health Services, and Wall Street analysts currently rate the stock as a "Moderate Buy" with an average target price of $41.33.
BrightSpring Health Services, Inc. to Host Investor Day on March 17, 2026
BrightSpring Health Services, Inc. (NASDAQ: BTSG) announced it will host an Investor Day on Tuesday, March 17, 2026, starting at 8:30 a.m. ET. The event will include presentations by the leadership team and Q&A sessions. A webcast will be available on the company's investor relations website, and in-person attendance is by invitation only for institutional investors and analysts.
BrightSpring plans March 17 Investor Day, most access via webcast
BrightSpring Health Services (NASDAQ: BTSG) announced it will host an Investor Day on March 17, 2026, featuring presentations from leadership and Q&A sessions. While in-person attendance is limited and by invitation, a live webcast and archived replay will be available on the company's investor relations website for broader access. Interested institutional investors and analysts can contact the company for invitation details.
A Look At BrightSpring Health Services (BTSG) Valuation After Bullish Analyst Actions And Strong Growth Signals
BrightSpring Health Services (BTSG) has garnered investor attention due to positive analyst sentiment, strong quarterly results, and consistent revenue and EPS growth. Although deemed modestly undervalued with a narrative fair value of $41.93, the company trades at a higher P/E ratio (74.3x) compared to industry averages, indicating potential valuation risk. Investors should consider future growth prospects and margin assumptions against the current premium valuation.
Lisanti Capital Growth LLC Makes New $1.96 Million Investment in BrightSpring Health Services, Inc. $BTSG
Lisanti Capital Growth LLC has made a new $1.96 million investment in BrightSpring Health Services, Inc. (NASDAQ:BTSG) by acquiring 66,270 shares in the third quarter. This move aligns with a largely positive analyst sentiment, as the stock holds a "Moderate Buy" consensus rating and a target price of $40.92, with some analysts further raising their targets. BrightSpring Health Services, which specializes in home and community-based care, currently trades near its 52-week high and has a market capitalization of $7.08 billion.
Assessing BrightSpring Health Services (BTSG) Valuation After Fresh Bullish Analyst Interest
BrightSpring Health Services (BTSG) has garnered significant bullish analyst interest, with recent research pushing the stock onto investors' radars. Despite trading near $39.83, about 11% below the average analyst target and showing an intrinsic discount, its high P/E ratio of 74.6x raises questions about whether future growth is already priced in. Investors are advised to consider the company's ability to manage staffing costs and potential impacts from government reimbursement changes on its valuation.
BrightSpring Health Services (BTSG): Analyst Ratings Signal Strong Buy Amid 9.71% Potential Upside
BrightSpring Health Services (BTSG) is gaining investor attention due to its strong growth and favorable analyst ratings, with 16 buy ratings and a potential upside of 9.71%. The company, a leader in home and community-based healthcare services, shows robust revenue growth and solid EPS, but investors should monitor its negative free cash flow. Technical indicators suggest a positive trend, positioning BTSG as an intriguing prospect for growth-focused investors in the healthcare sector.
Brightspring Health Services stock hits all-time high at 123.4 USD
Brightspring Health Services Inc. (BTSGU) stock recently reached an all-time high of 123.4 USD, surpassing its previous 52-week high, driven by strong investor confidence and robust financial performance. The company has shown an impressive YTD return of 101.98% and a 1-year return of 92.78%, supported by 37.13% revenue growth and a "GREAT" financial health score. While trading slightly above its Fair Value with a P/E ratio of 63.45, this milestone highlights significant growth and a favorable position in the healthcare sector.
UBS Ups BrightSpring Target to $42, Reiterated Buy After Beat-and-Raise Q3
UBS has increased its price target for BrightSpring Health Services (NASDAQ:BTSG) to $42, reaffirming a Buy rating following the company's strong Q3 performance. BrightSpring reported significant revenue and adjusted EBITDA growth, driven by its Pharmacy Solutions segment, and raised its FY25 revenue guidance.
BrightSpring Announces Secondary Offering of Common Stock and Concurrent Share Repurchase
BrightSpring Health Services, Inc. announced a secondary offering of 15,000,000 shares of common stock by certain stockholders, including an affiliate of Kohlberg Kravis Roberts & Co. L.P. and management members. BrightSpring will not sell shares in this offering, and all proceeds will go to the selling stockholders. Concurrently, the company has authorized a repurchase of shares for up to $50.0 million from the underwriter.
Brightspring Health Services stock hits all-time high at 31.85 USD - Investing.com Nigeria
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Brightspring Health Services stock hits all-time high at 31.85 USD - Investing.com India
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Earnings call transcript: Brightspring Health Q2 2025 shows 29% revenue growth - Investing.com Canada
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BrightSpring Health Services Set to Join S&P SmallCap 600 Index - MarketScreener
BrightSpring Health Services Inc. is set to replace Veritex Holdings Inc. in the S&P SmallCap 600 index on October 20. This move follows recent positive news for BrightSpring, including an increased price target from UBS and strong Q2 2025 earnings results. The company provides home and community-based healthcare services and pharmacy solutions across the US.
Why BrightSpring Health’s Stock is on a Rollercoaster - TipRanks
BrightSpring Health Services, Inc. (BTSG) is experiencing stock price volatility due to strong third-quarter results, particularly in its Pharmacy segment, and strategic growth initiatives. Analysts have raised price targets, suggesting further upside potential despite recent fluctuations. The article highlights BTSG's year-to-date price performance of 70.11% and a "Buy" technical sentiment signal.
Brightspring Health Services stock hits all-time high of 102.59 USD - Investing.com Canada
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Brightspring Health Services stock hits all-time high of 102.59 USD - Investing.com Australia
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UBS Adjusts BrightSpring Health Services Price Target to $35 From $31, Maintains Buy Rating - MarketScreener
UBS has increased its price target for BrightSpring Health Services (BTSG) to $35 from $31, while maintaining a Buy rating on the stock. This adjustment reflects an updated outlook on the healthcare services provider. The article itself is behind a paywall, preventing access to further details.
BrightSpring Health Services: Strong Buy Rating Backed by Robust Pharmacy Segment and Strategic Growth Initiatives - TipRanks
Analyst Charles Rhyee from TD Cowen maintained a Buy rating on BrightSpring Health Services, Inc. with a $41.00 price target, citing strong third-quarter results expectations driven by its Pharmacy segment and strategic growth initiatives. The company is expected to benefit from increased generic drug activity and new contracts for limited distribution drugs, aiming for specific leverage targets by late 2026. Wells Fargo also reiterated a Buy rating with a $33.00 price target.
BrightSpring Health Services Stock: What’s Driving the Buzz? - TipRanks
BrightSpring Health Services (BTSG) is experiencing stock price volatility as multiple analysts, including UBS and Wells Fargo, have raised their price targets due to the company's strong performance and favorable market conditions. Despite its closing price, the consensus price target suggests potential for further upside, driven by the company's growth potential and strategic initiatives. The article provides key financial metrics for BTSG, including YTD price performance, average trading volume, and current market capitalization.
|BrightSpring Health Services (BTSG) Stock Analysis: A 5.54% Upside Amid Robust Revenue Growth - DirectorsTalk Interviews
|BrightSpring Health Services (NASDAQ: BTSG) is attracting investor attention due to its substantial revenue growth of 29.10% and a potential 5.54% upside based on analyst price targets. The healthcare company, operating through Pharmacy Solutions and Provider Services segments, currently has a market capitalization of $5.02 billion and strong bullish sentiment from analysts. Despite negative free cash flow, reinvestment into the business and technical indicators suggest a solid, albeit potentially overbought, growth trajectory.
BrightSpring Health Services to Announce Q3 2025 Financial Results on October 31, 2025 | BTSG Stock News
BrightSpring Health Services (NASDAQ: BTSG) announced it will release its Q3 2025 financial results on October 31, 2025, followed by a conference call at 8:30 a.m. ET. The company, which provides home- and community-based health solutions to over 460,000 customers daily, will make the webcast available on its investor relations website. The announcement includes detailed insider trading activity, hedge fund movements, and recent analyst ratings and price targets for BTSG stock.
DOJ Forces UnitedHealth to Shed Hospice and Home Health Assets
The Department of Justice and four state attorneys general have mandated that UnitedHealth Group divest 164 home health and hospice locations following its $3.3 billion acquisition of Amedisys. This settlement aims to address antitrust concerns by preserving competition in the home health market, although critics argue it merely shifts power to other problematic entities. The move sends a signal to UnitedHealth that its growth will face regulatory scrutiny.
DOJ: UHG, Amedisys Must Divest 164 Locations for Acquisition to Proceed
The Department of Justice has reached a proposed settlement with UnitedHealth Group and Amedisys regarding UnitedHealth's $3.3 billion acquisition of home health provider Amedisys. The settlement requires the divestiture of 164 home health and hospice locations across 19 states to BrightSpring Health Services or The Pennant Group, amounting to $528 million in annual revenue. While UnitedHealth and Amedisys expressed satisfaction, critics like the American Economic Liberties Project raise concerns about the proposed buyers' competitive and ethical standing, especially regarding patient welfare.
BrightSpring’s Home Health Segment Fuels Q2 Gains As Company ‘Grows Into The Space’
BrightSpring Health Services reported strong second-quarter results, with its home health segment driving significant revenue growth within its provider services division. Despite potential changes in the 2026 home health payment rule, the company is optimistic about future rate increases and is raising its full-year 2025 guidance. BrightSpring plans to continue investing in growth, technology, and automation while streamlining operations through a divestiture.
Latham & Watkins Advises on BrightSpring’s US$304.5 Million Secondary Offering of Common Stock
Latham & Watkins LLP advised the underwriters in BrightSpring Health Services' US$304.5 million secondary offering of common stock. The offering involved 14,000,000 shares sold by certain stockholders, including affiliates of KKR, at US$21.75 per share, with an option for underwriters to purchase an additional 2,100,000 shares. BrightSpring itself did not sell any shares, and all proceeds went to the selling stockholders.
M&A on upswing for public home care companies
Publicly traded home care companies are showing an increase in merger and acquisition (M&A) activities, as detailed in Mertz Taggart's quarterly report. Key players like Addus HomeCare, Aveanna Healthcare, BrightSpring Health Services, Option Care Health, and The Pennant Group are expanding their footprints and service offerings through strategic acquisitions. These companies are focusing on both tuck-in and larger deals to enhance their market presence and achieve growth objectives.
HAVEN HOSPICE ACQUIRED BY BRIGHTSPRING HEALTH SERVICES
Haven Hospice, a Florida-based comprehensive hospice care services provider, has sold select assets to BrightSpring Health Services. The acquisition, which also included Haven's Attic Resale Stores, became effective September 1, 2024. The Braff Group served as the exclusive financial advisor for Haven Hospice in this transaction.
BrightSpring Health Services Announces Definitive Agreement to Acquire Haven Hospice, Expanding Hospice Services into Florida
BrightSpring Health Services (NASDAQ: BTSG) has completed the acquisition of Haven Hospice, a Florida-based company, for $60 million. This acquisition, effective September 1, 2024, expands BrightSpring's hospice services into 18 counties in north central Florida, a Certificate of Need (CON) state. The deal includes $15 million in cash, $30 million in company equity, and a $15 million seller note payable in 2028, positioning BrightSpring to provide comprehensive hospice and palliative care services in key Florida areas.
BrightSpring Acquires Nonprofit Haven Hospice
BrightSpring Health Services has acquired the assets of Haven Hospice in a $60 million deal, expanding its hospice services into Florida, a state with difficult market entry due to CON laws. This acquisition, which includes the purchase of North Central Florida Hospice Inc. and Haven Medical Group LLC, is seen by analysts as validation of BrightSpring's growth strategy. However, the move has drawn criticism from some in the hospice community, particularly non-profit advocates, who express concern over for-profit entities acquiring non-profits and the potential impact on patient care.
BrightSpring Health Services Announces Pricing of its Initial Public Offering and Concurrent Offering of Tangible Equity Units
BrightSpring Health Services announced the pricing of its initial public offering of 53,333,334 shares of common stock at $13.00 per share and a concurrent offering of 8,000,000 tangible equity units at $50.00 per unit. Shares and units are expected to begin trading on NASDAQ on January 26, 2024, under ticker symbols "BTSG" and "BTSGU" respectively. The company plans to use the net proceeds to repay outstanding indebtedness and for general corporate purposes.
Home health company BrightSpring gears up for IPO at proposed $2.8B valuation
BrightSpring Health Services is moving forward with an initial public offering aiming to raise $960 million, valuing the company at approximately $2.8 billion. Most of the proceeds are intended for debt repayment. This IPO signals a potential thawing of the healthcare IPO market after a dry spell.
BrightSpring Health Services proposes initial public offering at $2.8B valuation
BrightSpring Health Services is preparing for an initial public offering (IPO) on the Nasdaq, signaling a reawakening IPO market in 2024. The KKR & Co. Inc.-backed company plans to offer 53.3 million shares at an estimated price range of $15 to $18 per share under the symbol BTSG. This move highlights momentum in the IPO landscape, with Reddit also potentially floating an IPO in March.
BrightSpring Health Services Files To Go Public For The Second Time
BrightSpring Health Services has officially filed plans for its second attempt at an initial public offering (IPO) after an earlier attempt in 2021 was canceled. The home- and community-based services provider, backed by KKR and Walgreens Boots Alliance, aims to list on the Nasdaq under the ticker BTSG, serving 350,000 patients daily across 50 states. The company highlighted its strong market position in the over $1 trillion addressable home- and community-based care market, reporting $6.45 billion in revenue for the first nine months of 2023.
Home-Based Care Provider BrightSpring Health Services Again Eyeing IPO
BrightSpring Health Services, backed by KKR, is once again planning an IPO, aiming to raise $1 billion after shelving an $800 million IPO bid in late 2022. The company, which provides home- and community-based services to 350,000 patients daily, expects the listing to occur in the fourth quarter. This move comes despite challenges in the public market for home health and hospice providers, with BrightSpring's diversified services potentially offering some insulation.
BrightSpring Refiles to Go Public, Zeros in on $1 Billion Goal
BrightSpring Health Services has refiled for an initial public offering (IPO) with a target of raising $1 billion, significantly higher than its previous attempt. The company, backed by KKR & Co., plans to launch trading on the NASDAQ by the end of the year, with Goldman Sachs and KKR's capital markets division as lead bookrunners. This move follows a period of M&A activity and reflects potential growth opportunities in the home health sector.
BrightSpring Health Services Files Notice of Data Breach Affecting Employee SSNs
BrightSpring Health Services reported a data breach to the Massachusetts Attorney General on June 21, 2023, after a cybersecurity incident exposed confidential employee information, including names and Social Security numbers. The breach, detected on March 14, 2023, and occurring between March 12-13, 2023, led to the company sending out notification letters to affected individuals. The breach primarily impacted current and former employees of Arbor E&T, LLC dba Equus Workforce Solutions.
PharMerica announces health data breach, possibly largest of Q1 2023
PharMerica and its parent company, BrightSpring Health Services, disclosed a significant health data breach that occurred in March, potentially affecting millions of individuals. The breach, which may be the largest of Q1 2023, involved an unknown third party accessing personal and limited medical information, including names, dates of birth, Social Security numbers, medication lists, and health insurance information. A ransomware group, "Money Message," claimed responsibility, asserting they obtained 2 million records and nearly disrupted PharMerica's operations.
Behind the ambitious growth strategy at BrightSpring Health Services - Louisville Business First
BrightSpring Health Services is pursuing an ambitious growth strategy focused on continued healthcare diversification, which it plans to implement from its Louisville headquarters. Jon Rousseau, president and CEO, is leading this initiative. The article previews this strategy and its local implications.
BrightSpring Health Services files for an initial public offering
BrightSpring Health Services has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission, seeking to raise $100 million. The company aims to be listed on Nasdaq. This move signifies a significant step for the Louisville-based healthcare provider towards becoming a publicly traded entity.
BrightSpring Files to Go Public, Eyes $1.5 Trillion Opportunity
BrightSpring Health Services has filed for a $100 million initial public offering (IPO), looking to tap into a "1.5 trillion combined market opportunity" in home-based care. The company, acquired by KKR and Walgreens Boots Alliance in 2019, offers a diversified range of clinical and supportive services, along with pharmacy solutions. This move marks the latest in a series of home-based care companies going public, highlighting a rapidly changing market.
Sale of Dare Home Health and Hospice finalized
Dare County finalized the sale of its Home Health and Hospice service to Adoration Home Health Care Virginia, LLC, an affiliate of Res-Care, Inc., doing business as BrightSpring Health Services, on September 1, 2021. The sale involved BrightSpring offering $2,900,000 for the service, with a net transfer of $2,453,570 to the county's general fund after deductions for earnest money, employee bonuses, and other expenses. Nine of Dare County's 16 Home Health and Hospice employees transitioned to Adoration, which is now operating from an office in Manteo.
Louisville company acquires Texas neuro rehab business
BrightSpring Health Services, a Louisville-based company, has expanded its operations by acquiring Pate Rehabilitation Endeavors LLC, a neuro rehabilitation business in Texas. This acquisition marks an expansion for BrightSpring into a new state.
Changemakers: Jon Rousseau, President and CEO, BrightSpring Health Services
Jon Rousseau, President and CEO of BrightSpring Health Services, discusses the company's transformation since 2016, including its acquisition by KKR and Walgreens Boots Alliance and strategic focus on pharmacy, non-clinical home care, and highly clinical intermittent home health care services. He highlights BrightSpring's commitment to quality, growth, and its unique integrated care model for vulnerable populations. Rousseau also shares insights into the company's operational efficiencies and how it navigates the evolving healthcare landscape.
BrightSpring Adds to Suite of Services After Acquiring Home Health, Home Infusion Businesses
BrightSpring Health Services has acquired the home health and specialty infusion businesses of Advanced Home Care to expand its suite of services, particularly in home health and infusion capabilities. This move builds on BrightSpring's strategy to integrate pharmacy, home care, and clinical home health services, creating a multi-faceted platform focused on in-home care. The acquisition enhances BrightSpring's footprint in several states and reinforces its commitment to providing comprehensive care while aiming for positive health outcomes for complex patient populations.
Group home in Martinsburg to close Dec. 2 cited for multiple deficiencies
A group home for individuals with intellectual and developmental disabilities in Martinsburg, W.Va., operated by RSCR West Virginia Inc. (ResCare), is set to close on December 2 due to multiple deficiencies cited by state officials. These deficiencies included failure to protect clients from abuse, inadequate treatment for ulcers and injuries, late medication administration, insufficient staffing, and unsanitary conditions. Relatives of residents are concerned about the traumatic impact of relocation, especially given the lack of suitable local alternatives.
KKR closes BrightSpring acquisition
Investment firm KKR has completed its acquisition of BrightSpring Health Services, merging it with PharMerica Corporation. This merger creates a combined entity serving over 300,000 clients daily across 47 states, Puerto Rico, and Canada, with approximately $4.5 billion in combined revenue. Jon Rousseau will lead the new enterprise as CEO, focusing on integrated service and care models to improve outcomes and reduce costs.
UPDATE: BrightSpring units to lay off more than 200 employees
BrightSpring Health Services, a Louisville-based company, announced layoffs affecting more than 200 employees. These job cuts are a direct result of changes to contracts with the state. The announcement follows recent corporate activities, including a merger with PharMerica.
BrightSpring, PharMerica Merge in $1.32 Billion Deal
Global investment firm KKR and an affiliate of Walgreens Boots Alliance Inc. completed their $1.32 billion acquisition of BrightSpring Health Services, which subsequently merged with pharmacy company PharMerica. The merger aims to combine BrightSpring's home- and community-based care services with PharMerica's pharmacy expertise to manage complex medication regimens and improve health outcomes. The combined company will generate approximately $4.5 billion in revenue and serve over 300,000 clients daily across 47 states, Puerto Rico, and Canada.
INSIDE LOOK: Brightspring debuts new East End HQ
BrightSpring Health Services has debuted its new East End headquarters, featuring a large, multipurpose communal area known as "The Hub." This move occurred shortly before the company announced its merger with Pharmerica Inc., indicating a period of significant growth and restructuring. The article provides an "inside look" at the new facility and mentions related articles discussing the merger strategy and a previous name change of the company (formerly ResCare).
