Pennant Completes Purchase of Tennessee, Georgia and Alabama Operations from UnitedHealth Group and Amedisys
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) ha completato l'acquisizione delle operazioni sanitarie da UnitedHealth Group per 146,5 milioni di dollari. L'acquisizione comprende 54 sedi in Tennessee, Georgia e Alabama, che includono servizi di assistenza domiciliare, hospice e assistenza personale, ceduti come parte dell'accordo antitrust tra UnitedHealth e Amedisys con il Dipartimento di Giustizia degli Stati Uniti.
Le operazioni acquisite sono principalmente situate in Tennessee, uno Stato che richiede un certificato di necessità, con circa due terzi dei ricavi provenienti dai servizi di assistenza domiciliare e un terzo dall'hospice. È in vigore un accordo di servizi di transizione per garantire una integrazione agevole. Questa espansione strategica segna l'ingresso di Pennant nel sud-est, rappresentando una significativa opportunità di crescita per l'azienda.
Pennant Group (NASDAQ: PNTG) ha completado la adquisición de las operaciones de atención sanitaria de UnitedHealth Group por 146,5 millones de dólares. La adquisición incluye 54 ubicaciones en Tennessee, Georgia y Alabama, que abarcan servicios de atención domiciliaria, hospicio y cuidado personal, cedidos como parte del acuerdo antimonopolio entre UnitedHealth y Amedisys con el Departamento de Justicia de EE. UU.
Las operaciones adquiridas se encuentran principalmente en Tennessee, un estado que requiere certificado de necesidad, con aproximadamente dos tercios de los ingresos procedentes de servicios de atención domiciliaria y un tercio de hospicio. Existe un acuerdo de servicios de transición para asegurar una integración sin problemas. Esta expansión estratégica marca la entrada de Pennant en la región del sureste, representando una oportunidad de crecimiento significativa para la empresa.
Pennant Group (NASDAQ: PNTG)는 UnitedHealth Group의 헬스케어 운영을 1억4650만 달러에 인수 완료했습니다. 인수에는 테네시, 조지아, 알라바마에 걸친 54개 지사가 포함되며, 미국 법무부와의 반독점 합의의 일부로 UnitedHealth 및 Amedisys에 의해 매각된 가정 의료, 자택 호스피스, 개인 간호 서비스가 포함됩니다.
인수된 사업은 주로 테네시에 위치해 있으며, 필요 인증이 요구되는 주(state)로, 매출의 약 2/3은 가정 의료 서비스에서, 약 1/3은 호스피스에서 발생합니다. 원활한 통합을 보장하기 위한 전환 서비스 계약이 체결되어 있습니다. 이 전략적 확장은 Pennant가 남동부로 진출하는 것을 의미하며, 회사의 성장 기회가 크다고 평가됩니다.
Pennant Group (NASDAQ : PNTG) a finalisé l'acquisition des activités de soins de santé de UnitedHealth Group pour 146,5 millions de dollars. L'acquisition comprend 54 sites répartis dans le Tennessee, la Géorgie et l'Alabama, regroupant les services d'aide à domicile, d'hospice et de soins personnels, cédés dans le cadre de l'accord antitrust entre UnitedHealth et Amedisys avec le ministère américain de la Justice.
Les activités acquises se trouvent principalement au Tennessee, un État soumis à une autorisation, avec environ deux tiers des revenus provenant des services de soins à domicile et un tiers de hospice. Un accord de services de transition assure une intégration sans heurts. Cette expansion stratégique marque l'entrée de Pennant dans la région sud-est, représentant une opportunité de croissance significative pour l'entreprise.
Pennant Group (NASDAQ: PNTG) hat den Erwerb der Gesundheitsbetriebe von UnitedHealth Group für 146,5 Mio. USD abgeschlossen. Die Übernahme umfasst 54 Standorte in Tennessee, Georgia und Alabama und schließt Hauspflegedienste, Hospiz- und persönliche Pflegedienste ein, die im Rahmen der kartellrechtlichen Einigung zwischen UnitedHealth und Amedisys mit dem US-Justizministerium veräußert wurden.
Die übernommenen Betriebe befinden sich überwiegend in Tennessee, einem Staat mit Bedarfsgenehmigung, wobei etwa zwei Drittel des Umsatzes aus häuslicher Pflege und ein Drittel aus Hospiz stammen. Es besteht eine Übergangsvereinbarung, um eine reibungslose Integration zu gewährleisten. Diese strategische Expansion markiert den Einstieg von Pennant in die Southeast-Region und bietet dem Unternehmen eine bedeutende Wachstumschance.
Pennant Group (NASDAQ: PNTG) قد أكملت الاستحواذ على عمليات الرعاية الصحية من UnitedHealth Group بمبلغ 146.5 مليون دولار. يشمل الاستحواذ 54 موقعاً في تينيسي وجورجيا وألاباما، وتضم خدمات الرعاية المنزلية، والراحة، والرعاية الشخصية التي جرى بيعها كجزء من تسوية مكافحة الاحتكار بين UnitedHealth و Amedisys مع وزارة العدل الأمريكية.
تقع العمليات المكتسبة في الغالب في تينيسي، وهي ولاية تتطلب شهادة حاجة، مع حوالي ثلثي الإيرادات من خدمات الرعاية المنزلية و ثلث من الرعاية النهارية (Hospice). يوجد اتفاق خدمات انتقال لضمان اندماج سلس. هذه التوسعة الاستراتيجية تمثل دخول Pennant إلى منطقة الجنوب الشرقي وتوفر للشركة فرصة نمو كبيرة.
Pennant Group (NASDAQ: PNTG) 已完成从 UnitedHealth Group 收购医疗保健业务，金额为 1.465亿美元。此次收购包括在田纳西州、乔治亚州和阿拉巴马州的 54 个地点，涵盖在 UnitedHealth 与 Amedisys 与美国司法部的反垄断和解中出售的居家护理、临终关怀和个人护理服务。
所收购的业务主要位于田纳西州，该州需要许可证明，约有 三分之二的收入 来自居家护理服务，三分之一来自临终关怀。现有过渡服务协议，确保平稳整合。这一战略扩张标志着 Pennant 进入东南部地区，为公司带来重大的增长机会。
- Strategic expansion into Southeast U.S. with 54 new locations
- Acquisition includes valuable operations in Tennessee, a certificate of need state
- Established transition services agreement ensures smooth integration
- Acquisition provides immediate revenue diversification with 2/3 home health and 1/3 hospice mix
- Significant capital outlay of $146.5 million for the acquisition
- Integration risks in new geographic markets
- Operational challenges in managing expanded geographic footprint
Insights
Pennant's $146.5M acquisition of UnitedHealth/Amedisys assets marks strategic Southeast expansion, adding 54 locations in certificate-of-need states.
This
The acquisition's composition is strategically balanced, with approximately
Entering Tennessee as a CON state is particularly valuable, as these markets restrict new entrants and typically support stronger pricing power and operational stability. The transaction's timing coincides with the continuing demographic shift toward aging populations requiring more home health and hospice services.
Pennant has wisely prepared for this acquisition throughout 2025 with a transition services agreement to ensure operational continuity. This methodical approach suggests the company has done proper due diligence to mitigate integration risks. The relatively clean transaction structure—acquiring divested assets rather than complex corporate entities—should facilitate faster integration and realization of operational synergies.
This acquisition provides Pennant with immediate scale in the Southeast, potentially creating network density advantages in key markets. The
The portfolio composition—
This transaction results from antitrust requirements following UnitedHealth's Amedisys acquisition, suggesting these are high-quality operations rather than underperforming assets typically available in the market. Acquiring divested assets from a mandated sale often presents better value opportunities than standard market transactions.
The company's statements about continuing to pursue growth opportunities indicate this acquisition is part of a broader expansion strategy rather than a one-time transaction. Pennant appears to be executing a roll-up strategy in fragmented healthcare service markets, with this acquisition establishing a Southeast regional platform from which to pursue additional bolt-on acquisitions.
The company's preparation throughout 2025 and implementation of a transition services agreement demonstrates operational discipline, potentially reducing integration risks that often plague healthcare services acquisitions.
EAGLE, Idaho, Oct. 02, 2025 (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, announced today that on October 1, 2025, it acquired certain operations from UnitedHealth Group Incorporated (“UnitedHealth”). The operations were divested pursuant to UnitedHealth’s and Amedisys Inc.’s (“Amedisys”) antitrust settlement with the United States Justice Department.
Pennant is purchasing divested home health, hospice, and personal care services in Tennessee, Georgia and Alabama for a combined purchase price of
The acquired agencies are primarily located in Tennessee, a certificate of need state. Approximately two-thirds of the revenue is connected to home health and one-third to hospice. Pennant and UnitedHealth have a transition services agreement in place to facilitate a smooth transition, and Pennant has prepared throughout 2025 to execute on the transaction.
“This marks an exciting new chapter in Pennant’s growth journey,” said Brent Guerisoli, Pennant's Chief Executive Officer. “Entering the Southeast is a strategic move for us, and we do so from a position of strength, building on proven leadership, operational excellence, and a clear vision for the future. This acquisition opens the door for emerging leaders in this new region to grow within Pennant’s innovative platform.”
“We are pleased to welcome these exceptional teams into the Pennant family,” said John Gochnour, Pennant’s Chief Operating Officer. “They are among the leading operators in our industries, and their commitment to clinical excellence and deep local ties to the region make this an exciting combination. We look forward to bringing these agencies into our portfolio and bringing the Pennant operating model to the Southeast United States.”
Mr. Guerisoli reiterated that Pennant will continue to pursue opportunities for growth in the home health, hospice and senior living industries, targeting strategic and underperforming operations of all sizes.
Pennant was advised on legal matters by Robinson & Cole LLP and Paul Hastings LLP, with Truist Securities serving as financial advisor on the transaction.
About Pennant:
The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through home health and hospice agencies and senior living communities located throughout Arizona, California, Colorado, Connecticut, Idaho, 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) 401-1400 ir@pennantgroup.com
FAQ
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