The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired Riverside Home Health Care of Grants Pass, Oregon and serving Douglas, Jackson, and Josephine counties. The acquisition was effective November 1, 2020. “Riverside Home Health Care is a highly respected provider and an integral part of the southern Oregon healthcare community,” commented Brent Guerisoli, President of Cornerstone Healthcare, Pennant’s home health and hospice portfolio company. Noting that Riverside Home Health Care admitted approximately 1,100 patients in the prior six months, Mr. Guerisoli added, “We welcome Riverside’s talented team into the Pennant family and look forward to building upon their past success with our world-class systems and resources.”
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Source: https://www.globenewswire.com/news-release/2020/11/02/2118862/0/en/The-Pennant-Group-Acquires-Oregon-Home-Health-Agency.html