Home Health Care News July 16, 2024
The Pennant Group (Nasdaq: PNTG) is one of the largest home health providers in the country, and has also been one of the more acquisitive ones over the last year. Now, it’s moving eastward, in a move that could set the table for an aspirational future.
In June, the company announced a partnership with the Connecticut-based Hartford HealthCare at Home (HHCAH), the home health and hospice segment of Hartford HealthCare. Previously, the Idaho-based Pennant had not had any home health locations east of Wisconsin.
The deal with HHCAH is unique in its own right, too. It includes a management and consulting services agreement.
It’s also hard to oversell. In fact, some of Pennant’s “key leaders” are even moving out to...
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