Hospice News January 3, 2025
The Pennant Group Inc. (Nasdaq: PNTG) completed its $80 million acquisition of Signature Healthcare at Home’s hospice and home health assets.
Pennant closed the deal on seven of Signature’s Oregon locations on Jan. 1. The company previously completed the purchase of Signature’s Idaho and Washington assets on August 1, 2024.
Acquiring Signature will boost Pennant’s existing presence across three states. The purchase adds seven locations to the company’s footprint in Oregon, as well as multiple locations in four Washington cities and two cities in southwest Idaho.
“We are delighted to welcome these operations to the Pennant fold,” said Pennant’s CEO and Chairman Brent Guerisoli, in a statement. “This is a substantial purchase that allows us to serve multiple new...
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