Hospice Deals Paying Off for Pennant Group — With More on the Way
Hospice News
MAY 10, 2022
Recent acquisitions and joint ventures by The Pennant Group (NASDAQ: PNTG) are fueling bottom-line growth for the Idaho-based senior services provider. The financial boost from acquired home health and hospice agencies helped mitigate COVID-related struggles like rising costs and labor headwinds. Case in point, the 15 deals the company completed in 2020 collectively grew EBITDA by 51.7% to $1.9 million during the first quarter of 2022, Chief Operating Officer John Gochnour indicated in a first q
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