BrightSpring Health Services, Inc. (BTSG)

BrightSpring Health Services went public on January 26, 2024, and its stock price increased by 89.37% between October 21, 2024, and October 20, 2025. Key events include the divestiture of the Community Living business to Sevita for $835 million in cash, expected to close in Q4 2025, which is projected to generate approximately $715 million in after-tax proceeds. The Q2 2025 earnings report on August 1, 2025, showed net revenue of $3.148 billion and adjusted EBITDA of $143 million, leading to increased full-year 2025 guidance. Additionally, there was a secondary offering of common stock and a concurrent share repurchase in October 2025, along with preliminary Q3 2025 results and another guidance increase.

The provided information does not explicitly detail the demand seasonality for BrightSpring Health Services' products and services. The company's growth is generally propelled by demographic trends and the increasing demand for in-home healthcare services, suggesting a relatively consistent demand driven by ongoing health needs rather than significant seasonal fluctuations.

BrightSpring Health Services operates in the health information services industry, delivering integrated pharmacy and provider services in home and community settings. Its services include pharmacy solutions, home health care, primary care, rehabilitation services, and behavioral health services, focusing on individuals with specialized and chronic health needs. The Community Living business was divested in January 2025.

BrightSpring Health Services operates in all 50 states, serving over 400,000 patients daily through approximately 10,000 clinical providers and pharmacists, and maintains over 900 service locations.

BrightSpring Health Services maintains a positive brand reputation, demonstrating strong quality metrics across its service lines. The company is recognized for improving the quality of life for high-need individuals and reducing healthcare system costs. Its financial performance and strategic growth, particularly in home health, have been highlighted positively.

BrightSpring Health Services is primarily owned by institutional shareholders (114.70%) and insiders (97.36%), with negligible retail investor ownership (0.00%). Major institutional owners include Kohlberg Kravis Roberts & Co. L.P., Fmr Llc, and Invesco Ltd. Significant individual and insider owners include Kkr Phoenix Aggregator LP, Kkr Group Partnership LP, and Walgreens Boots Alliance Inc. Insiders have engaged in selling activity in the past six months.