BrightSpring Health Services, Inc. BTSG

What this company does

BrightSpring Health Services, Inc. provides pharmacy and provider services, including both clinical and supportive care, in home and community settings largely to Medicare, Medicaid, and commercially-insured populations. Its pharmacy and provider services are delivered from approximately 7,700 office, clinic, and customer locations across the country, serving over 465,000 patients at any one time, including approximately 330,000 patients served in their homes. Its services are organized and managed through two reportable segments, Pharmacy Solutions and Provider Services. Through Pharmacy Solutions, the Company filled over 43 million prescriptions in 2025 from over 175 pharmacies across all 50 states, delivering services to approximately 6,600 customer locations, approximately 73,000 individual or group homes, and over 410,000 patients. Through Provider Services, the company's clinical services consist of home health, hospice, and rehab therapy, while its supportive care services address activities of daily living and social determinants of health. Through its predecessors, the company commenced operations in 1974. It was incorporated in Delaware on July 19, 2017, as Phoenix Parent Holdings Inc., in connection with the acquisition of PharMerica Corporation, which was completed in December 2017. It changed its name to BrightSpring Health Services, Inc. in May 2021.

Written from the business description in BrightSpring Health Services, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.