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BrightSpring Health Services (BTSG) investor relations material
BrightSpring Health Services Jefferies 2025 Healthcare Services Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Business overview and strategy
Operates as a leading provider of home and community healthcare services in the U.S., focusing on scale, quality, technology, and efficiency.
Serves approximately 400,000 people daily through three main platforms: pharmacy, provider services, and primary care.
Pharmacy platform includes closed-door, specialty, and infusion services, delivering over 40 million scripts annually.
Provider platform covers home health, rehab, hospice, and personal care, with a focus on integrated offerings for senior living communities.
Primary care platform, built over the last two years, aims to coordinate care and participate in value-based models, leveraging ACO partnerships.
Growth performance and outlook
Achieved a 15% revenue and EBITDA CAGR over the past nine years, with recent acceleration to 30% growth.
Provider business expected to grow 12–15% this year, with specialty pharmacy and oncology driving higher growth.
Specialty pharmacy growth is supported by limited distribution drug wins and generic launches, providing multi-year revenue visibility.
Focus remains on maintaining mid-teens growth rates, with current momentum expected to continue into next year.
Specialty pharmacy and generics
Specialty pharmacy benefits from dynamic markets, innovative therapies, and a strong pipeline of new drugs.
Generics provide a tailwind, with high-touch service requirements remaining even as drugs go off-patent.
Fee-for-service programs and partnerships with manufacturers are expanding.
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