Hospice News May 7, 2024
The Pennant Group, Inc. (NASDAQ: PNTG) brought in record-high service revenue during the first quarter of the year, in part fueled by growth in its hospice and home health service lines.
Meanwhile, the Idaho-based home health, hospice and senior living provider is full-speed ahead on its same-store growth and acquisition plans, according to Pennant CEO Brent Guerisoli.
“Q1 represented a culmination of the significant efforts we have made on both the organic and acquisition side, leading to a record quarter,” Guerisoli said in Tuesday’s earnings call. “While we are encouraged by the progress that we’ve made, we’re even more excited about the foundation that we’ve built in the future that lies ahead.”
Pennant is the holding company of independent subsidiaries...
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