Louisville's ResCare becomes BrightSpring Health Services-HEALTHYLIVE

Rendering of new company headquarters

ResCare, a Kentucky-born-and-based firm that provides home and community health services to about 60,000 people in 44 states, has changed its name to BrightSpring Health Services, the company announced Aug. 15.

The privately owned firm provides "clinical and nonclinical habilitative care services for people of all ages and health and skill levels, across home and community settings," its news release said. "As care preferences and health-care needs are changing, BrightSpring’s new name reflects the company’s evolution that began nearly two years ago to successfully meet the multifaceted and multidisciplinary requirements of the populations it serves amid this changing health'care landscape."

The firm is "the parent company of several brands that, in some cases, will get renamed, too," Darla Carter reports for Insider Louisville. She notes that the company plans to move into new offices on Whittington Parkway in eastern Louisville this fall.

"BrightSpring will move into its new headquarters in early November, occupying about half of the 140,000-square-foot building and housing about 360 people," Carter reports. "The company, which is owned by Toronto-based private equity firm Onex, is receiving about $550,000 in state tax incentives and grants for the building project. The development cost of the building is about $30 million and BrightSpring is investing about $15 million over the course of a multiyear lease."

BrtightSpring haS about 45,000 employees, including 1,900 in Kentucky. It was founded by Louisville accountant Ron Geary after he served as revenue secretary in the 1979-83 administration of Gov. John Y. Brown Jr. Geary retired in 2011.

from Kentucky Health News https://ift.tt/2OLTvia

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