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Bright Horizons Family Solutions Inc. is a United States–based child-care provider and is the largest provider of employer-sponsored child care. [1] It also provides back-up child care and elder care, tuition program management, education advising, and student loan repayment programs.
Linda A. Mason and Roger H. Brown, co-founders of child-care provider Bright Horizons, along with Michael R. Eisenson, [5] founded the organization in 1988 to serve the needs of homeless children in the Greater Boston area. [6] [7] Kate Barrand currently serves as the President and CEO of the organization. [6]
Mason co-founded, with future husband Roger H. Brown, Bright Horizons, a provider of employer-sponsored child care, emergency back-up care for children and adults/elders, educational advising, and global work/life consulting. The company employs approximately 33,350 people globally and operates about 1,100 child care centers in the United ...
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Some corporations employ private companies, such as Bright Horizons and Guild Education, to manage tuition payments to specific colleges and other education providers. [ 3 ] [ 4 ] According to Wharton College professor Peter Cappelli , a small percentage of workers use educational assistance benefits, but the programs "do reduce employee ...
Bright Health became Minnesota's first "unicorn" when it reached a valuation of $1 billion. [1] G. Mike Mikan became the company's CEO in April 2020. [29] In 2020, the company promoted former Periscope CEO, Liz Ross, to the post of new chief marketing officer. [30] Bright Health raised $500 million in Series E funding in September 2020. [25]
In January 2016, Horizon BCBS announced their newest endeavor to improve care quality and lower costs through their Omnia Health Alliance. [citation needed] The new Omnia health insurance plans provide access to all of Horizon's network hospitals with some of them being designated as Tier 1 with greater cost savings for consumers. [3]
The deal, valued at over US$1 billion, made KLC the nation's largest private childcare and education provider. [14] In 2012, company revenues were $1.45 billion, down from $1.6 billion in 2010. [15] Revenue rose to UD7.8 billion in 2021. [8] In July 2015, Partners Group, a Swiss enterprise, bought Knowledge Universe.