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Stock impact report

The Pennant Group Acquires Texas Hospice 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, Sept. 02, 2021 (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 Open Heart Hospice, which provides hospice services in Amarillo, Texas. The acquisition was effective September 1, 2021 and will operate under the name Kinder Hearts Hospice of Amarillo. “We are excited to expand our presence into the Texas Panhandle,” said Danny Walker, Pennant’s Chief Executive Officer. “With affiliate operations in Abilene, Lubbock, and Wichita Falls, this acquisition is an excellent fit for our cluster model and opens the door to further expansion and long-term growth opportunities in the region,” Walker added. “We are pleased to welcome the staff and patients of Open Heart Hospice into the Pennant family,” commented Brent Guerisoli, President of Pennant. “We look forward to working with these compassionate ca Show less Read more
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