4 results
10-Q
2024 Q1
BTSG
BrightSpring Health Services, Inc.
2 May 24
Quarterly report
8:55am
For the Three Months Ended March 31, 2023 | ||||||||||||||||||||||||||||||||
Commercial insurance | Medicaid | Medicare Part A | Medicare Part B | Medicare Part C | Medicare Part D | Private & other | Total | |||||||||||||||||||||||||
Infusion and Specialty Pharmacy | 16.3 | % | 4.5 | % | — | 0.6 | % | 9.6 | % | 17.7 | % | 1.3 | % | 50.0 | % | |||||||||||||||||
Home and Community Pharmacy | 1.3 | % | 2.6 | % | 6.9 | % | — | — | 10.5 | % | 1.0 | % | 22.3 | % | ||||||||||||||||||
Pharmacy Solutions | 17.6 | % | 7.1 | % | 6.9 | % | 0.6 | % | 9.6 | % | 28.2 | % | 2.3 | % | 72.3 | % | ||||||||||||||||
Home Health Care | 0.3 | % | 3.3 | % | 5.0 | % | 0.3 | % | 0.7 | % | — | 1.5 | % | 11.1 | % | |||||||||||||||||
Community and Rehab Care | 1.4 | % | 12.5 | % | — | — | — | — | 2.7 | % | 16.6 | % | ||||||||||||||||||||
Provider Services | 1.7 | % | 15.8 | % | 5.0 | % | 0.3 | % | 0.7 | % | — | 4.2 | % | 27.7 | % | |||||||||||||||||
Consolidated | 19.3 | % | 22.9 | % | 11.9 | % | 0.9 | % | 10.3 | % | 28.2 | % | 6.5 | % | 100.0 | % |
10-Q
2024 Q1
BTSG
BrightSpring Health Services, Inc.
2 May 24
Quarterly report
8:55am
Provider Services | ||||||||||||||||
($ in thousands, except Business Metrics) | For the Three Months Ended March 31, | Change | ||||||||||||||
2024 | 2023 | Amount | % | |||||||||||||
Revenues | $ | 599,603 | $ | 561,376 | $ | 38,227 | 6.8 | % | ||||||||
Cost of services | 400,147 | 386,684 | 13,463 | 3.5 | % | |||||||||||
Gross profit | 199,456 | 174,692 | 24,764 | 14.2 | % | |||||||||||
Selling, general, and administrative expenses | 134,409 | 127,212 | 7,197 | 5.7 | % | |||||||||||
Segment operating income | $ | 65,047 | $ | 47,480 | $ | 17,567 | 37.0 | % | ||||||||
Segment EBITDA | $ | 81,912 | $ | 65,305 | $ | 16,607 | 25.4 | % | ||||||||
Business Metrics: | ||||||||||||||||
Home Health Care average daily census | 42,928 | 38,825 | 4,103 | 10.6 | % | |||||||||||
Community and Rehab Care persons served | 16,595 | 16,540 | 55 | 0.3 | % |
10-Q
2024 Q1
BTSG
BrightSpring Health Services, Inc.
2 May 24
Quarterly report
8:55am
For the Three Months Ended March 31, 2024 | ||||||||||||||||||||||||||||||||
Commercial insurance | Medicaid | Medicare Part A | Medicare Part B | Medicare Part C | Medicare Part D | Private & other | Total | |||||||||||||||||||||||||
Infusion and Specialty Pharmacy | 17.3 | % | 5.0 | % | — | 0.7 | % | 13.1 | % | 20.2 | % | 0.7 | % | 57.0 | % | |||||||||||||||||
Home and Community Pharmacy | 2.3 | % | 2.3 | % | 5.0 | % | — | — | 9.2 | % | 0.9 | % | 19.7 | % | ||||||||||||||||||
Pharmacy Solutions | 19.6 | % | 7.3 | % | 5.0 | % | 0.7 | % | 13.1 | % | 29.4 | % | 1.6 | % | 76.7 | % | ||||||||||||||||
Home Health Care | 0.4 | % | 2.7 | % | 4.1 | % | 0.3 | % | 0.8 | % | — | 1.3 | % | 9.6 | % | |||||||||||||||||
Community and Rehab Care | 1.4 | % | 10.3 | % | — | — | — | — | 2.0 | % | 13.7 | % | ||||||||||||||||||||
Provider Services | 1.8 | % | 13.0 | % | 4.1 | % | 0.3 | % | 0.8 | % | — | 3.3 | % | 23.3 | % | |||||||||||||||||
Consolidated | 21.4 | % | 20.3 | % | 9.1 | % | 1.0 | % | 13.9 | % | 29.4 | % | 4.9 | % | 100.0 | % |
10-K
2023 FY
BTSG
BrightSpring Health Services, Inc.
6 Mar 24
Annual report
5:11pm
The following table sets forth, for the years indicated, our segment results of operations.
Provider Services | ||||||||||||||||||||||||||||
($ in thousands, except Business Metrics) | For the Years Ended December 31, | ’23 v ’22 Change | ’22 v ’21 Change | |||||||||||||||||||||||||
2023 | 2022 | 2021 | Amount | % | Amount | % | ||||||||||||||||||||||
Revenues | $ | 2,303,725 | $ | 2,181,487 | $ | 1,962,690 | $ | 122,238 | 5.6 | % | $ | 218,797 | 11.1 | % | ||||||||||||||
Cost of services | 1,551,665 | 1,491,953 | 1,368,379 | 59,712 | 4.0 | % | 123,574 | 9.0 | % | |||||||||||||||||||
Gross profit | 752,060 | 689,534 | 594,311 | 62,526 | 9.1 | % | 95,223 | 16.0 | % | |||||||||||||||||||
Selling, general, and administrative expenses | 518,297 | 475,159 | 393,576 | 43,138 | 9.1 | % | 81,583 | 20.7 | % | |||||||||||||||||||
Segment operating income | $ | 233,763 | $ | 214,375 | $ | 200,735 | $ | 19,388 | 9.0 | % | $ | 13,640 | 6.8 | % | ||||||||||||||
Segment EBITDA | $ | 306,776 | $ | 288,825 | $ | 262,464 | $ | 17,950 | 6.2 | % | $ | 26,361 | 10.0 | % | ||||||||||||||
Business Metrics: | ||||||||||||||||||||||||||||
Home Health Care average daily census | 40,068 | 37,093 | 32,222 | 2,975 | 8.0 | % | 4,871 | 15.1 | % | |||||||||||||||||||
Community and Rehab Care persons served | 16,655 | 16,463 | 16,156 | 192 | 1.2 | % | 307 | 1.9 | % |
- Prev
- 1
- Next