Compassus, Pennant Group Expand Home Health JV Portfolios

Two home-based care providers – Compassus and the Pennant Group (Nasdaq: PNTG) – have expanded their JV portfolios this week. On Wednesday, Compassus and Ascension announced the expansion of their Tennessee-based home health partnership, which is dubbed Ascension Saint Thomas at Home. Subsequently, Ascension Saint Thomas at Home’s service area now covers 17 Tennessee counties […]

Transactions: HIG Growth Partners Sells Just Home Healthcare Services; The Pennant Group Buys Southwestern Palliative Care and Hospice

HIG Growth Partners finalizes sale of Just Home Healthcare Services H.I.G. Growth Partners — a growth capital investment affiliate of investment firm H.I.G. Capital — has sold portfolio company Just Home Healthcare Services. In April, H.I.G. Growth Partners sold Just Home Healthcare Services’s personal home care and adult day health business segments to Honor Health […]

Transactions: Gentiva Completes ProMedica Deal; Avid Health at Home Acquires Independence 4 Seniors

Gentiva officially acquires ProMedica’s home health, palliative and hospice business Gentiva has closed on its $710 million deal for ProMedica’s home health, palliative and hospice business. The deal was first announced in February. Now that it is finalized, the Atlanta-based Gentiva will boost its location count from 380 to 500, and its patient census by […]

Transactions: Intermountain Health Acquires Advent Home Health; Empath, Trustbridge Pursue Affiliation

Advent Home Health joins Intermountain Health On Sept. 5, Intermountain Health announced that the Nevada-based Advent Home Health had officially joined its network.  The Salt Lake City-based Intermountain Health has a network that spans across Utah, Idaho, Nevada, Colorado, Montana, Wyoming and Kansas. It has a health plan, 33 hospitals, 385 clinics and Intermountain at […]

Clinical Investments Help Pennant Renegotiate Better Rates, Strike New Managed Care Relationships

Despite regulatory headwinds, The Pennant Group Inc. (Nasdaq: PNTG) continues to build on successes in its home health and hospice segments. It’s doing so by putting an emphasis on clinical outcomes, according to Pennant’s leadership team. “Our focus on clinical outcomes continues to yield strong results with hospitalization rates, star ratings and hospice quality composite […]

Transactions: Pennant Acquires Idaho Home Health Provider; Wesley Purchases Medical House Calls

Pennant acquires home health provider in Idaho The Pennant Group (Nasdaq: PNTG) has acquired Bluebird Home Health, Bluebird Hospice and Bluebird Home Care — three agencies under the Bluebird brand — that offer home health, hospice and home care services in Idaho. “Bluebird’s operations fit uniquely within the strong continuum of care we have successfully […]