BrightSpring Health Services, I BTSG

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
60/100
Moderate

About BrightSpring Health Services, I

BrightSpring Health Services, Inc. operates as a home and community-based healthcare services platform in the United States. It operates through two segments, Pharmacy Solutions and Provider Services. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations. It also offers infused, injectable, and oral … Full BTSG analysis →

Competitive advantage assessment

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.98), demonstrating pricing resilience across cycles.
  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.72), suggesting sticky customer base.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
58

Where BTSG ranks in Health Information Services

BrightSpring Health Services, I ranks #19 of 68 scored companies in Health Information Services by moat score — the top 28%. The widest moat in the group is Veeva Systems Inc. (VEEV) at 88/100.

Moat scores for companies ranked near BTSG in Health Information Services
# Company Moat score Rating
15 CareCloud, Inc. CCLD 69/100 Moderate
16 Certara, Inc. CERT 68/100 Moderate
17 TruBridge, Inc. TBRG 62/100 Moderate
18 Privia Health Group, Inc. PRVA 60/100 Moderate
19 BrightSpring Health Services, I BTSG 60/100 Moderate
20 Premier, Inc. PINC 59/100 Moderate
21 10x Genomics, Inc. TXG 57/100 Moderate
22 Omnicell, Inc. OMCL 56/100 Moderate
23 Phreesia, Inc. PHR 56/100 Moderate

See every General Corporate company ranked by moat score →

How BTSG scores on the Corporate Default defenses

Pricing Power

Score 58 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 85 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 60 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 63 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 48 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 46 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding BTSG's moat

What is BrightSpring Health Services, I's moat score?

BrightSpring Health Services, I (BTSG) scores 60 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #19 of 68 scored companies in Health Information Services, the top 28%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 67 companies in Health Information Services. Its strongest defense is Cost Advantage (85/100) and its weakest is Scale & Market Position (46/100).

How does BrightSpring Health Services, I compare with other Health Information Services companies?

BrightSpring Health Services, I ranks #19 of 68 scored companies in Health Information Services by moat score. The widest moat in Health Information Services is Veeva Systems Inc. (VEEV) at 88/100. The companies ranked closest are Privia Health Group, Inc. (PRVA) at 60 just above it and Premier, Inc. (PINC) at 59 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 67 companies in Health Information Services. The defenses are then weighted to produce the overall score out of 100.

Why is BrightSpring Health Services, I scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for BrightSpring Health Services, I?

The Corporate Default template measures 6 defenses, and BTSG scores: Pricing Power (58), Cost Advantage (85), Customer Stickiness (60), Capital Efficiency (63), Resilience (48), Scale & Market Position (46). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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