{"id":533806,"date":"2021-09-02T08:33:14","date_gmt":"2021-09-02T12:33:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/"},"modified":"2021-09-02T08:33:14","modified_gmt":"2021-09-02T12:33:14","slug":"the-pennant-group-acquires-texas-hospice-provider","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/","title":{"rendered":"The Pennant Group Acquires Texas Hospice Provider"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">EAGLE, Idaho, Sept.  02, 2021  (GLOBE NEWSWIRE) &#8212; 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 <em>Open Heart Hospice<\/em>, 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.<\/p>\n<p align=\"justify\">\u201cWe are excited to expand our presence into the Texas Panhandle,\u201d said Danny Walker, Pennant\u2019s Chief Executive Officer. \u201cWith 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,\u201d Walker added.<\/p>\n<p align=\"justify\">\u201cWe are pleased to welcome the staff and patients of <em>Open Heart Hospice<\/em> into the Pennant family,\u201d commented Brent Guerisoli, President of Pennant. \u201cWe look forward to working with these compassionate caregivers and the local healthcare community to bring life-changing service to the patients we are privileged to serve.&#8221;<\/p>\n<p align=\"justify\">Mr. Guerisoli reaffirmed that Pennant continues to pursue opportunities to acquire home health, hospice, home care and senior living businesses throughout the United States.<\/p>\n<p align=\"justify\">\n        <strong>About Pennant:<\/strong>\n      <\/p>\n<p align=\"justify\">The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through 87 home health and hospice agencies and 54 senior living communities located throughout Arizona, California, Colorado, Idaho, Iowa, 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 &#8220;company&#8221; and &#8220;its&#8221; assets and activities, as well as the use of the terms &#8220;we,&#8221; &#8220;us,&#8221; &#8220;its&#8221; 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aCByC2fMAcVjptXd9xCmmwJR7w5f44YnB_kdiR1p_u3_c6dX_QoD0nLkERyXjwv7Iz1qgULQKGAQBUu70e6Kxp5RdIcOzV5GXXd921oJ4HA=\" rel=\"nofollow noopener\" target=\"_blank\">www.pennantgroup.com<\/a>.<\/p>\n<p>SOURCE: The Pennant Group, Inc.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxOTQ1MyM0Mzg2NTIyIzIxODQ2OTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MWFiOGQ4MjAtZTQ4OC00NTFkLWI3M2UtODE3N2M1ZGE3OGU0LTExOTYyNDc=\/tiny\/Pennant-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact Information\r\n\r\nThe Pennant Group, Inc.\r\n(208) 506-6100\r\nir@pennantgroup.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EAGLE, Idaho, Sept. 02, 2021 (GLOBE NEWSWIRE) &#8212; 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. \u201cWe are excited to expand our presence into the Texas Panhandle,\u201d said Danny Walker, Pennant\u2019s Chief Executive Officer. \u201cWith 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,\u201d &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Pennant Group Acquires Texas Hospice Provider&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-533806","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Pennant Group Acquires Texas Hospice Provider - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Pennant Group Acquires Texas Hospice Provider - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EAGLE, Idaho, Sept. 02, 2021 (GLOBE NEWSWIRE) &#8212; 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. \u201cWe are excited to expand our presence into the Texas Panhandle,\u201d said Danny Walker, Pennant\u2019s Chief Executive Officer. \u201cWith 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,\u201d &hellip; Continue reading &quot;The Pennant Group Acquires Texas Hospice Provider&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-02T12:33:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxOTQ1MyM0Mzg2NTIyIzIxODQ2OTM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Pennant Group Acquires Texas Hospice Provider\",\"datePublished\":\"2021-09-02T12:33:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/\"},\"wordCount\":344,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMxOTQ1MyM0Mzg2NTIyIzIxODQ2OTM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-pennant-group-acquires-texas-hospice-provider\\\/\",\"name\":\"The Pennant Group Acquires Texas Hospice Provider - 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(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. \u201cWe are excited to expand our presence into the Texas Panhandle,\u201d said Danny Walker, Pennant\u2019s Chief Executive Officer. \u201cWith 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,\u201d &hellip; Continue reading \"The Pennant Group Acquires Texas Hospice Provider\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-02T12:33:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxOTQ1MyM0Mzg2NTIyIzIxODQ2OTM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Pennant Group Acquires Texas Hospice Provider","datePublished":"2021-09-02T12:33:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/"},"wordCount":344,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxOTQ1MyM0Mzg2NTIyIzIxODQ2OTM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-pennant-group-acquires-texas-hospice-provider\/","name":"The Pennant Group Acquires Texas Hospice Provider - 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