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Pennant Completes Purchase of Tennessee, Georgia and Alabama Operations from UnitedHealth Group and Amedisys

PNTG
  • Pennant Group, Inc. acquired certain home health, hospice, & personal care operations from UnitedHealth Group on October 1, 2025.
  • The divestment resulted from an antitrust settlement between UnitedHealth & Amedisys with the U.S. Justice Department.
  • The total purchase price for the 54 locations was $146.5 million.
  • The acquired assets are located in Tennessee, Georgia, & Alabama, with the majority situated in Tennessee.
  • Revenue composition is approximately two-thirds from home health services & one-third from hospice.
  • Pennant & UnitedHealth have established a transition services agreement to ensure a smooth operational handover.
  • CEO Brent Guerisoli described the acquisition as a strategic expansion into the Southeast, leveraging Pennant's operational excellence.
  • COO John Gochnour welcomed the new teams, highlighting their clinical excellence & local regional ties.
  • Pennant intends to continue pursuing growth opportunities in home health, hospice, & senior living across various market sizes.
  • Legal counsel was provided by Robinson & Cole LLP & Paul Hastings LLP, with Truist Securities serving as the financial advisor.