Hospice News August 7, 2024
The Pennant Group (NYSE: PNTG) is in a period of expansion.
The home health and hospice provider has pursued a series of acquisitions and new partnerships that brought more than 6,000 new patients into their care, close to a 50% increase, according to CEO Brent Guerisoli.
These numbers do not include expected increases from the Pennant Group’s recent acquisition of Signature Healthcare at Home.
“Since the beginning of the year, we have entered into the Bon Secours Mercy Health (BSMH) home health joint venture, closed an additional two home health and two hospice transactions, initiated a management agreement with Hartford HealthCare, announced the largest acquisition in our history in Signature [Health at Home] and completed three senior living deals, two...
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