Hospice News September 6, 2024
BrightSpring Health Services Inc. (NASDAQ: BTSG) is poised for growth in the home health and hospice landscape.
The company anticipates ramping up merger and acquisition (M&A) activity in coming years, with an emphasis on long-term return on investment, according to BrightSpring President and CEO Jon Rousseau. The company is focusing on significant expansion in the next two years, he indicated.
Tuck-in deals and de novos have been key to BrightSpring’s strategic growth. Acquisitions have increasingly become a larger part of its game plan — though with a cautious and diligent mindset, Rousseau said at Morgan Stanley’s annual Global Healthcare Conference on Friday.
“Our pipeline has been consistent and has never been more robust,” Rousseau said during the conference. “Our strategy...
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