Hospice News May 16, 2024
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired the Corpus Christi, Texas-based hospice provider Nurses on Wheels Inc. for an undisclosed amount.
This is the latest in a string of acquisitions for Pennant. Earlier this month Pennant acquired Utah-based South Davis Home Health and South Davis Hospice. The company in December 2023 picked up Arizona-based Southwestern Palliative Care & Hospice after acquiring five Medicare hospice providers in multiple states the prior month. Financial terms were not disclosed in these deals.
“We are excited to expand the reach of our hospice operations in south Texas,” said Pennant CEO Brent Guerisoli in a statement. “Our strategy of empowering local leaders to meet the needs of local communities has resonated deeply across our...
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