Pennant acquires Signature Healthcare at Home assets for $80M

Pennant acquires Signature Healthcare at Home assets for $80M 
McKnights Home Care; by Adam Healy; 7/11/24
The Pennant Group, a provider of home health, personal care, hospice and senior living services, disclosed ... that it agreed to purchase assets of certain Signature Healthcare at Home affiliates for $80 million. Signature provides home health and hospice services in Oregon, Washington and Idaho, and its 650 staff members serve more than 12,000 patients annually, according to an 8-K filing with the Securities and Exchange Commission. Pennant’s acquisition of Signature’s Washington and Idaho assets is expected to close on Aug. 1, while its acquisition of Signature’s Oregon assets is expected to close January 1, 2025.