Trouble conglomerate General Electric filed an expected IPO to spin off its health unit, which is expected to have a value in the tens of billions of dollars.
A private equity firm which was the primary owner of BrightSpring Health, which offers a variety of home care and other services, is selling it to another private equity firm, an increasingly common form of transaction. BrightSpring will be combined with PharMerica, which primarily operates pharmacies in long-term care facilities.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.