Pennant Acquires Northern Texas and Southern Oklahoma Hospice Provider
November 01 2023 - 4:30PM
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
Guardian Hospice and Guardian Hospice of Oklahoma (“Guardian”),
which provides skilled hospice services in Grayson, Fannin, Collin,
Cook, Denton, and Hunt counties in Texas, and Bryan, Choctaw,
Atoka, Pushmataha, Johnston, Coal, Marshall, Murray, Pontotoc, and
Love counties in Oklahoma.
“We are very excited to expand the reach of our
hospice operations in the states of Texas and Oklahoma,” said Brent
Guerisoli, Chief Executive Officer of Pennant. Our strategy of
local leaders empowered to meet the needs of local communities has
resonated deeply in rural communities across our platform and we
look forward to bringing our innovative operating model and
high-quality resources to enhance the services offered in these
communities.” Mr. Guerisoli added.
“Guardian has a long standing and deep
connection in the communities it serves, and we are honored to
carry on this legacy of quality care,” said John Gochnour,
President and Chief Operating Officer of Pennant, “we are grateful
for the trust and welcome that has been extended to us by the
wonderful Guardian team of skilled clinicians and compassionate
caregivers. We are thrilled to partner with them in delivering
life-changing hospice services to residents of these Northern Texas
and Southern Oklahoma communities.” added Mr. Gochnour.
Mr. Guerisoli reaffirmed that Pennant continues
to pursue opportunities to acquire high quality home health,
hospice and senior living businesses throughout the United
States.
About
Pennant:
The Pennant Group, Inc. is a holding company of
independent operating subsidiaries that provide healthcare services
through 102 home health and hospice agencies and 51 senior living
communities located throughout Arizona, California, Colorado,
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) 506-6100
ir@pennantgroup.com
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