BrightSpring Health Divests Community Living Business For $850 Million To Focus On Core Activities

On Monday, BrightSpring Health Services Inc BTSG agreed to sell its Community Living business, ResCare Community Living, to Sevita for $835 million in cash.The deal, set to close in 2025, aligns with BrightSpring’s strategic focus on enhancing its core services, including home health, hospice, primary care, rehabilitation, and pharmacy solutions.After the divestiture, the company expects to realize additional operational efficiencies across the BrightSpring platform, with a more synergistic overall portfoli ...