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Stock impact report

Pennant Acquires California Hospice and Home Health Provider

The Pennant Group, Inc. (PNTG) 
Last the pennant group, inc. earnings: 3/4 04:22 pm Check Earnings Report
Company Research Source: GlobeNewswire
EAGLE, Idaho, Aug. 16, 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 Ardent Hospice and Palliative Care, which provides hospice and home health services in the Central Valley, Palm Springs, and San Diego, California. “We are very excited to expand the reach of our hospice operations in California,” said Brent Guerisoli, Chief Executive Officer of Pennant. “This off-market acquisition opens the door to new service areas in Palm Springs and the Central Valley, and further strengthens our presence in San Diego,” Guerisoli added. “We look forward to bringing our high quality resources and life-changing service to these communities.” “We could not be happier to add the Ardent group of hospice and home health agencies under the Pennant umbrella,” added Brian Wayment, President of Cornerstone Healthcar Show less Read more
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