BrightSpring Health Services Promotes Jennifer Phipps to Chief Financial Officer

BrightSpring Health Services, Inc. (NASDAQ: BTSG) has announced the promotion of Jennifer Phipps to the role of Chief Financial Officer (CFO), effective March 4, 2025. Phipps succeeds Jim Mattingly, who will be stepping down from the position. This strategic move comes as BrightSpring continues to expand its home and community-based pharmacy and health services for complex populations.



Jennifer Phipps brings over 20 years of financial and accounting experience in the healthcare services industry to her new role. She has served in various leadership positions at BrightSpring, including Chief Accounting Officer, Principal Accounting Officer, Chief Financial Officer of the Home Health and Hospice segment, and Senior Vice President of Treasury, Risk, Tax, Real Estate, and Procurement. Phipps' extensive experience and proven track record make her an ideal candidate to lead BrightSpring's financial operations.

Throughout her tenure at BrightSpring, Phipps has driven process improvements and consistent outcomes in accounting and finance functions. She has led the implementation of technologies that have streamlined financial processes, built a lean-focused procurement team working across all operations, and implemented various accounting and finance systems to optimize controls and enhance efficiencies. Phipps has also played a leading role in the Company's initial public offering (IPO) and has remained actively involved in public company processes.

Jon Rousseau, Chairman, President, and Chief Executive Officer at BrightSpring, expressed his confidence in Phipps' abilities, stating, "I am pleased to promote Jen to the role of Chief Financial Officer, and believe she is extremely well suited to lead BrightSpring’s financial operations. Jen has played a pivotal role in BrightSpring’s finance group, operations, and growth over her last eight years with the Company. She is a highly focused and capable leader that will support BrightSpring’s key strategies and growing business needs. Jen has the right financial and business leadership skills to support the Company’s mission of providing high-quality and impactful community-based pharmacy and provider health solutions to complex populations in need."

Jennifer Phipps herself expressed her commitment to her new role, stating, "I am honored to assume the role of Chief Financial Officer at BrightSpring and continue to work alongside our dedicated, skilled, and compassionate team. Not only is this a dynamic organization with a long-standing track record of success, but it is also an organization with more potential and possibility. I am committed to applying my prior set of diverse experiences to continue to ensure an extremely strong and leading financial and operational foundation is in place to support the Company’s mission to deliver high-quality patient care to all those who can benefit from our services."

BrightSpring Health Services provides complementary home- and community-based pharmacy and provider health solutions for complex populations in need of specialized and/or chronic care. Through its service lines, including pharmacy, home health care and primary care, and rehabilitation and behavioral health, BrightSpring provides comprehensive and more integrated care and clinical solutions in all 50 states to over 450,000 customers, clients, and patients daily. The company has consistently demonstrated strong and often industry-leading quality metrics across its service lines while improving the quality of life and health for high-need individuals and reducing overall costs to the healthcare system.

With Jennifer Phipps' appointment as CFO, BrightSpring Health Services is well-positioned to continue its growth and success in the home and community-based pharmacy and health services sector. Her extensive experience, proven track record, and commitment to the company's mission make her an excellent choice to lead BrightSpring's financial operations into the future.