The Pennant Group (Nasdaq: PNTG) is more than halfway to meeting its goal of building a pipeline of 100 CEOs. The company announced that it added more than 50 CEOs in training, and that 38 local leaders earned C-level designations in their operations. Pennant CEO Brent Guerisoli noted that leadership development has been one of […]
The Pennant Group
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 […]
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 […]
The Pennant Group Inc. (Nasdaq: PNTG) leaders believe that they’re in the middle of a constantly changing home health market. They also believe it’s an environment the company can survive and thrive in based on its operating model. “Our model enables us to adapt and respond to changing circumstances and market needs on a macro […]
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 […]
The Pennant Group Inc. (Nasdaq: PNTG) has set out on an ambitious endeavor, aiming to build a pipeline of “100 CEOs.” The company has always leaned into a strategy of purchasing community-driven home-based care agencies with strong ties to their specific markets, and then empowering local leaders. The idea of health care as a local […]
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 […]
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 […]
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 […]
Lynette Walbom, the new CFO of The Pennant Group Inc. (Nasdaq: PNTG), is a newcomer to the health care space. As she gets her feet underneath her, there’s a few key areas she’ll be focused on. Those areas are all in line with Pennant’s strategy in recent years: labor, acquisitions and enabling local leaders. “This […]
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