Welcome to our dedicated page for Pennant Group news (Ticker: PNTG), a resource for investors and traders seeking the latest updates and insights on Pennant Group stock.
The Pennant Group, Inc. reports developments for a holding company whose independent operating subsidiaries provide home health, hospice, home care and senior living services. Company updates commonly cover quarterly operating results, GAAP and non-GAAP earnings measures, segment performance, admissions, census, occupancy, rate trends and investor conference participation.
News also follows Pennant's acquisition and integration activity, including additions to its home health, hospice and senior living network. Completed community transitions, operating subsidiary structure and service continuity are recurring themes across its healthcare services disclosures.
Pennant (NASDAQ: PNTG) announced on October 1, 2025 the acquisition of certain home health, hospice and personal care operations divested by UnitedHealth following its Amedisys transaction. Pennant paid a combined purchase price of $146.5 million for an asset package of 54 locations with $189.3 million in trailing twelve‑month revenues. The agencies are located in Tennessee, Georgia and Alabama, with ~two‑thirds of revenue from home health and ~one‑third from hospice. Pennant and UnitedHealth executed a transition services agreement to support the handover; Pennant used legal and financial advisors including Truist Securities.
Pennant Group (NASDAQ: PNTG) has completed the acquisition of healthcare operations from UnitedHealth Group for $146.5 million. The acquisition includes 54 locations across Tennessee, Georgia, and Alabama, comprising home health, hospice, and personal care services divested as part of UnitedHealth and Amedisys's antitrust settlement with the U.S. Justice Department.
The acquired operations are primarily located in Tennessee, a certificate of need state, with approximately two-thirds of revenue from home health services and one-third from hospice. A transition services agreement is in place to ensure smooth integration. This strategic expansion marks Pennant's entry into the Southeast region, representing a significant growth opportunity for the company.
Pennant Group (NASDAQ: PNTG), a provider of home health, hospice, and senior living services, announced its participation in the upcoming 2025 Jefferies Healthcare Services Conference.
The company's leadership team, including CEO Brent Guerisoli, COO John Gochnour, and EVP Kirk Cheney, will engage in a fireside chat on September 29, 2025, at 1:15 p.m. Central Time. Investors can access the presentation through a live webcast available on the conference platform.
Pennant Group (NASDAQ: PNTG) has completed the acquisition of Healing Hearts Home Health and Healing Hearts Outpatient Therapy in Wyoming, effective September 1, 2025. The acquisition expands Pennant's service area to include communities in Gillette and Moorcroft, enhancing their healthcare delivery network in Eastern Wyoming.
The acquired businesses will maintain their original branding and continue providing home health and outpatient therapy services. This strategic expansion aligns with Pennant's local operating model and strengthens their presence in the Intermountain West region, focusing on delivering professional and personalized healthcare services to Wyoming residents.
Pennant Group (NASDAQ: PNTG) reported strong Q2 2025 financial results, with total revenue reaching $219.5 million, up 30.1% year-over-year. The company achieved GAAP diluted EPS of $0.20 and adjusted diluted EPS of $0.27.
Key performance metrics include net income of $7.1 million (up 24.5%) and consolidated Adjusted EBITDA of $16.4 million (up 24.5%). The Home Health and Hospice segment saw revenue increase 32.5% to $166.0 million, while Senior Living Services revenue grew 23.1% to $53.5 million.
Management updated 2025 guidance, projecting full-year revenue between $852.8-$887.6 million and adjusted EPS of $1.09-$1.15, representing 19.1% growth over 2024. The guidance factors in expenses related to the pending UnitedHealth Group and Amedisys transaction.
Pennant Group (NASDAQ: PNTG), a healthcare services provider specializing in home health, hospice, and senior living services, has scheduled its second quarter 2025 earnings release for August 6, 2025.
The company will host a live webcast on August 7, 2025, at 10:00 a.m. Mountain Time where management will discuss Q2 results. The webcast will be available for replay through August 6, 2026, on the company's investor relations website.
Pennant operates through independent subsidiaries across 13 states, including Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming.
Pennant Group (NASDAQ: PNTG) has announced the acquisition of GrandCare Health Services, a premier home health agency in Southern California. The acquired entity, to be rebranded as GrandCare Home Health, provides services across Los Angeles, Orange, Riverside, and San Diego counties.
The strategic acquisition strengthens Pennant's presence in California markets where it already maintains significant senior living operations. GrandCare is recognized for its clinical excellence, strong star ratings, low hospitalization rates, high employee engagement, and innovative technology approach.
The transaction aligns with Pennant's strategy to expand its home health services footprint and build a comprehensive continuum of care in Southern California. Current patients will maintain continuity of care while benefiting from Pennant's additional resources and expertise. Montauk AI served as the placement agent for the transaction.
The Pennant Group (NASDAQ: PNTG) has appointed Suzanne D. Snapper to its board of directors following a shareholder vote. Snapper, who currently serves as Chief Financial Officer of Ensign Group (NASDAQ: ENSG) since 2009, brings extensive experience in healthcare financial management. She oversees Ensign's accounting, finance, IT, tax, internal controls, investor relations, managed care, and treasury functions. Her background includes over a decade at KPMG (1996-2007) and she is a certified public accountant.
Snapper succeeds JoAnne Stringfield, who served on Pennant's board from 2019 to 2025. The appointment maintains the board size at eight directors, with Snapper serving as a Class III director eligible for reelection in 2028.