Transactions: The Pennant Group Buys Texas Hospice Provider; DispatchHealth Partners with Lee Health

The Pennant Group acquires Open Heart Hospice The Pennant Group Inc. (Nasdaq: PNTG) has purchased the assets of Amarillo, Texas-based Open Heart Hospice. The financial terms of the deal were not disclosed. As part of the agreement, Open Heart Hospice will operate under the name Kinder Hearts Hospice of Amarillo. The deal will allow Pennant […]

Searchlight Capital Lands Majority Stake in Care Advantage

Funds advised by Searchlight Capital Partners have reached an agreement to acquire a majority stake in Care Advantage, one of the largest in-home care companies in the Mid-Atlantic region. Terms of the transaction were not disclosed. Founded over three decades ago, Care Advantage offers a range of in-home care services to patients across Virginia, Maryland, […]