Matthew Gilmor

Matthew Gilmor asked for clarification on the components of the EBITDA guidance raise, specifically if it reflects a combination of core performance and pulling through efficiency efforts. He also inquired about any changes in thinking regarding value-based care accruals and the potential for shared savings later in the year.

Answer

CFO Jen Phipps confirmed that the EBITDA guidance raise reflects both core performance and the realization of efficiency efforts. CEO Jon Rousseau stated that clarity has been gained, and some shared savings are now expected to be realized from value-based care contracts, following recent news about last year's performance.

Matthew Gilmor sought clarification on the components of BrightSpring's EBITDA guidance raise, specifically if it reflected a combination of core performance and accelerated efficiency efforts. He also inquired about any changes in thinking regarding value-based care accruals and the potential for realizing shared savings later in the year.

Answer

CFO Jen Phipps confirmed that the EBITDA guidance raise was indeed a combination of core performance and pulling through efficiency efforts. CEO Jon Rousseau stated that the company has gained clarity and expects to realize some shared savings from value-based care accruals, indicating a potential opportunity.