The Pennant Group Inc. announced the completion of its acquisition of home health, hospice, and personal care operations in Tennessee, Georgia, and Alabama from UnitedHealth Group. The $146.5 million transaction includes 54 locations, primarily in Tennessee, with approximately two-thirds of the revenue from home health and the remainder from hospice services. The acquired agencies were previously part of UnitedHealth and Amedisys and were divested as part of an antitrust settlement. Pennant executives highlighted the strategic significance of expanding into the Southeast and emphasized plans to integrate the new agencies and pursue further growth in the region. A transition services agreement has been established to ensure a smooth integration process through 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Pennant Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9538876-en) on October 02, 2025, and is solely responsible for the information contained therein.
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