Home Health Care News March 18, 2025
Leaders from Pennant Group, Inc. (Nasdaq: PNTG), the parent company of a network of home health, hospice, and senior living services in 13 states, discussed the current state of their business on Tuesday at the 2025 Oppenheimer Co. Annual Healthcare MedTech & Services Conference.
Echoing its Q4 earnings report released in February, Pennant highlighted significant anticipated growth for 2024, projecting a 30% increase in both revenue and net income. Additionally, company leaders discussed significant acquisitions, including the $80 million acquisition of Signature Health at Home’s Oregon assets.
“We’re transitioning those operations, and it seems to be going well,” said CEO Brent Guerisoli during the call. “We still expect nearly 20% growth in revenue and over 20% growth in profits. We...
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