Pennant acquires Wisconsin home care provider

EAGLE, Idaho, Nov. 01, 2022 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant Group of affiliated home care, hospice, home care and retirement homes, announced today that it has acquired the assets of Kenosha Visiting Nurse Association, Inc. (“KVNA”), which provides qualified home health, private service and community health services in Kenosha, Wisconsin.

“We are excited to expand our home health operations deeper into southern Wisconsin,” said Brent Guerisoli, Pennant’s general manager. “KVNA will be a great partner for our senior living affiliates in the region as we further expand the continuum of care and provide life-changing service to residents of Kenosha and its surrounding communities,” added Guerisoli.

“KVNA has been a fixture in the community since 1927,” added Brian Wayment, president of Cornerstone Healthcare, Inc., Pennant’s home care and palliative care subsidiary. “KVNA staff have touched countless lives over the decades. We are so honored to be able to pass on this incredible legacy of compassionate service and care to the community.

Mr. Guerisoli reaffirmed that Pennant continues to seek opportunities to acquire high-quality home healthcare, hospice and senior living businesses across the United States.

About the flag:

The Pennant Group, Inc. is a holding company of independently operating subsidiaries that provide health services through 95 home care and hospice agencies and 49 senior living communities located in Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. Each of these businesses is operated by a separate and independent operating subsidiary which has its own management, employees and assets. References herein to the consolidated “company” and “its” assets and businesses, and the use of the terms “we”, “us”, “its” and similar verbiage, do not imply that The Pennant Group, Inc. has direct operating assets, employees or revenues, or that any of the home care and hospice businesses, senior living facilities or service center are operated by the same entity. More information about Pennant is available at www.pennantgroup.com.

SOURCE: The Pennant Group, Inc.


        

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