The Pennant Group Inc. (Nasdaq: PNTG) has announced a leadership change. Daniel Walker, the company’s CEO, will step away from his role and be succeeded by the current president of Pennant, Brent Guerisoli. Walker will continue to serve as the chair of the board of directors. Walker has served as the company’s CEO since it […]
The Pennant Group
After multiple years of record-breaking M&A activity, home health consolidators are now starting to show an increased interest in organic growth. While the approach to growing a home health business through building existing infrastructure may take longer, the environment in 2022 is more friendly to organic growth than it was during the COVID-19 pandemic. “We […]
The home health segment of The Pennant Group Inc. (Nasdaq: PNTG), to some extent, carried the company at the beginning of 2022. In the first quarter alone, it had an 11.9% growth in admissions. After “sobering” moments in 2021 – when the company performed beneath its standards – Pennant CEO Daniel Walker is pleased with […]
Pennant acquires Bozeman home health provider, Twin Falls senior living asset The Pennant Group Inc. (Nasdaq: PNTG) announced last week that it has acquired the assets of First Choice Home Health, a home health and personal care services provider in Bozeman, Montana. “This acquisition complements our existing hospice operations in the state, expanding the continuum […]
As a provider of home health, hospice and senior living, the Pennant Group Inc. (Nasdaq: PNTG) still sees value in all of the settings it manages. But Derek Bunker, its chief investment officer, had a different tune when touching on the company’s home health footprint versus its senior living communities at the Oppenheimer Healthcare Conference […]
Home health providers likely breathed a sigh of relief when the final payment rule for 2022 pushed the start date for the nationwide expansion of the Home Health Value-Based Purchasing (HHVBP) Model to 2023. Even so, many providers have begun actively preparing for the model’s implementation. Others, however, are taking a more passive approach. “The […]
Like its industry peers, The Pennant Group Inc. (Nasdaq: PNTG) has had to navigate COVID-19-related business disruptions as well as other headwinds, some of which even prompted the company to start looking under its own hood for answers. Now, operating with the view that COVID and many of its impacts have become endemic, the company […]
The home health market is made up of about 9,900 agencies, with businesses ranging in size, service mix and structure. The publicly traded home health companies, in particular, offer a snapshot of the industry in the present – and often a sneak peek at what’s to come. While the names of the publicly traded home […]
The COVID-19 pandemic continued to dominate headlines in 2021, despite the collective desire for it to be gone by this past summer. But it didn’t stop massive dealmaking, which made M&A just as big of a story in home-based care as the virus. Thus, those two topics took up a lot of Home Health Care […]
Basically all of the publicly traded in-home care giants offered internal updates and expectations for the coming year this week during a series of investor presentations. In addition to company-specific plans, the group discussed key policy developments and important macro-level trends such as more high-acuity patients coming to the home health setting. Home Health Care […]
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