BrightSpring Health Services Announces Definitive Agreement to Acquire Haven Hospice, Expanding Hospice Services into Florida

Core Insights - BrightSpring Health Services has completed the acquisition of Haven Hospice, expanding its hospice services into Florida, effective September 1, 2024 [1][2] - The total consideration for the acquisition is $60 million, structured as $15 million in cash, $30 million in company equity, and a $15 million seller note payable in 2028 [2] Company Overview - BrightSpring Health Services is a leading provider of home and community-based health services for complex populations, offering integrated solutions across various service lines including pharmacy, primary care, home health care, and rehabilitation [4] - The company serves over 400,000 customers, clients, and patients daily across all 50 states [4] Service Expansion - The acquisition allows BrightSpring to provide advanced care planning, palliative, and hospice services throughout specific Florida Agency for Health Care Administration service areas [2] - BrightSpring's hospice services are rated in the top five percent for quality in the industry, indicating a commitment to high-quality care for patients and their families [2]