headlinespreviousopinionsconnectfields
infoquestionsdashboardupdates

BrightSpring Health Services to Sell ResCare Community Living to Sevita for $835 Million

January 22, 2025 - 03:09

BrightSpring Health Services to Sell ResCare Community Living to Sevita for $835 Million

In a significant move within the healthcare sector, BrightSpring Health Services has announced the divestiture of its ResCare Community Living business to Sevita for a substantial $835 million. This strategic decision reflects BrightSpring's commitment to streamline its operations and focus on its core service areas, enhancing its overall business model.

ResCare Community Living has been a vital part of BrightSpring's portfolio, providing essential services to individuals with intellectual and developmental disabilities. The sale to Sevita, a leading provider of specialized health services, is expected to create new opportunities for growth and innovation in the delivery of community living and support services.

The transaction is anticipated to close in the coming months, pending regulatory approvals. Both companies express confidence that the transition will be smooth and beneficial for the clients and communities they serve. Stakeholders are optimistic about the potential positive impact on service quality and accessibility in the community living sector following this acquisition.


MORE NEWS

CCWF Prioritizes Employee Health and Wellness with Successful Fair

June 23, 2025 - 23:25

CCWF Prioritizes Employee Health and Wellness with Successful Fair

The Central California Women’s Facility (CCWF) recently organized its second staff health and wellness fair, showcasing an impressive array of over 50 vendors dedicated to promoting well-being...

Major Growth Expected for Nonprofit Health Systems in 2024

June 23, 2025 - 15:18

Major Growth Expected for Nonprofit Health Systems in 2024

In 2024, the largest nonprofit health systems in the United States are poised to experience significant revenue growth and improved margins, alongside notable strategic partnerships and...

Free Health Fair at The Fillmore Provides Wellness Services and Grocery Assistance

June 22, 2025 - 19:50

Free Health Fair at The Fillmore Provides Wellness Services and Grocery Assistance

A health fair held at The Fillmore in New Orleans attracted a large crowd eager to access essential wellness services and resources. The event offered free health checks, including screenings for...

Deion Sanders Shows Positive Signs in Health Recovery, According to Son

June 22, 2025 - 15:18

Deion Sanders Shows Positive Signs in Health Recovery, According to Son

Deion Sanders is reportedly making significant strides in his recovery from a health issue, as shared by his son, Deion Sanders Jr., in a recent video on his YouTube channel. The update comes after...

read all news
suggestionsheadlinespreviousopinionsconnect

Copyright © 2025 Bioflox.com

Founded by: Angelo McGillivray

fieldsinfoquestionsdashboardupdates
privacycookie settingsterms of use