Home Health Care News May 7, 2024
The Pennant Group (Nasdaq: PNTG) just achieved a record quarter.
“This was highlighted by a double digit year-over-year percentage increases in same store total home health admissions and hospice average daily census,” Pennant CEO Brent Guerisoli said during the company’s first-quarter earnings call Tuesday. “This same store growth exemplifies the meaningful potential that exists at our established operations as they mature and expand.”
Eagle, Idaho-based Pennant is a holding company of independent operating subsidiaries located across the U.S., with a network that includes 112 home health and hospice agencies and 53 senior living communities.
Guerisoli also revealed Pennant is still on the road to its goal of nurturing 100 local CEOs, as well as chief clinical officers and other C-suite...
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