The Pennant Group (Nasdaq: PTNG) is expanding into the southeastern United States with the forthcoming purchase of agencies divested by Amedisys (Nasdaq: AMED) and UnitedHealth Group (NYSE: UNH). The sale has been contingent on the closure of the UnitedHealth Group’s own acquisition of Amedisys, which has been delayed by an investigation and lawsuit by the U.S. Department of Justice (DOJ). On Wednesday, the DOJ filed a Proposed Final Judgment in federal court that stands to resolve the case, clearing the way for the divestiture to Pennant Group, with other locations going to BrightSpring Health Services (Nasdaq: BTSG). Pennant is acquiring between 38 and 50 locations in several new markets throughout Tennessee, Alabama and Georgia for a purchase price ranging between $113 million and $147 million, according to Pennant COO John Gochnour.
Read the full article: Pennant Group to Acquire Divested Amedisys, UnitedHealth Group Locations //
Source: https://hospicenews.com/2025/08/07/pennant-group-to-acquire-divested-amedisys-unitedhealth-group-locations/