Pennant completes acquisition of Signature Healthcare at Home assets
01/06/25 at 03:00 AM
Pennant completes acquisition of Signature Healthcare at Home assets
StockTitan.net; 1/2/25
The Pennant Group (NASDAQ: PNTG) has completed its acquisition of Signature Healthcare at Home assets in Oregon, following the earlier purchase of Signature's Idaho and Washington assets on August 1, 2024. The Oregon acquisition, finalized on January 1, 2025, includes seven locations across the state, complementing Pennant's existing presence in Portland and Grant's Pass. ... With 122 home health and hospice agencies and 57 senior living communities post-acquisition, Pennant's expanded scale should enhance its negotiating power with insurers and improve operational efficiency.