Pennant Group Inc
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Health Care : Health Care Providers & Services | Small Cap Blend
Company profile

The Pennant Group, Inc. is a provider of healthcare services to patients or residents of all ages, including the growing senior population, in the United States. The Company operates multiple lines of business, including home health, hospice and senior living across, Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. The Company provides healthcare services through approximately 95 home health and hospice agencies and 49 senior living communities in its assisted living, independent living and memory care business. The Company operates through two segments: home health and hospice services, and senior living services. Home health and hospice services segment includes its home health, hospice and home care businesses. Senior living services segment includes its assisted living, independent living and memory care communities.

Closing Price
$12.18
Day's Change
0.26 (2.18%)
Bid
--
Ask
--
B/A Size
--
Day's High
12.39
Day's Low
11.92
Volume
(Below Average)
Volume:
131,973

10-day average volume:
161,494
131,973

Pennant Acquires Wisconsin Home Health Provider

7:30 am ET November 1, 2022 (Globe Newswire) Print
Pennant Acquires Wisconsin Home Health ProviderGlobeNewswireNovember 01, 2022

EAGLE, Idaho, Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired the assets of Kenosha Visiting Nurse Association, Inc. ("KVNA"), which provides skilled home health, private duty, and community health services in Kenosha, Wisconsin.

"We are pleased to expand our home health operations deeper into southern Wisconsin," said Brent Guerisoli, Chief Executive Officer of Pennant. "KVNA will be a great partner to our senior living affiliates in the area as we further expand the continuum of care and provide life-changing service to the residents of Kenosha and its surrounding communities," Guerisoli added.

"KVNA has been a community staple since 1927," added Brian Wayment, President of Cornerstone Healthcare, Inc., Pennant's home health and hospice subsidiary. "KVNA's staff have touched countless lives over the decades. We are very honored to be able to carry forward this amazing legacy of compassionate service and care to the community."

Mr. Guerisoli reaffirmed that Pennant continues to pursue opportunities to acquire high quality home health, hospice and senior living businesses throughout the United States.

About Pennant:

The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through 95 home health and hospice agencies and 49 senior living communities located throughout Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees and assets. References herein to the consolidated "company" and "its" assets and activities, as well as the use of the terms "we," "us," "its" and similar verbiage, are not meant to imply that The Pennant Group, Inc. has direct operating assets, employees or revenue, or that any of the home health and hospice businesses, senior living communities or the Service Center are operated by the same entity. More information about Pennant is available at www.pennantgroup.com.

SOURCE: The Pennant Group, Inc.



Contact Information
The Pennant Group, Inc.
(208) 506-6100
ir@pennantgroup.com

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