Pennant Group completes strategic acquisition of operations
Pennant Group completes strategic acquisition of operations
Investors Hangout; by Ryan Hughes; 10/2/25
... Pennant Group is set to integrate operational assets worth approximately $146.5 million, encompassing various home health, hospice, and personal care services primarily situated in the Southeast. This acquisition includes 54 locations across multiple states, primarily focusing on the healthcare needs of communities in the region. ... An important aspect to highlight is that about two-thirds of the total revenue is associated with home health services, while the remaining third is linked to hospice care.
Editor's Note: A related article by Investors Hangout reports:
"The acquired services are primarily situated in Tennessee. In this region, home health services account for approximately two-thirds of the revenue, while hospice services comprise the remaining third. To ensure a seamless transition, Pennant and UnitedHealth have established a transition services agreement that facilitates operational continuity following the acquisition."