Pennant Announces Agreement to Form Home Health Joint Venture
The Pennant Group, Inc. (PNTG)
Last the pennant group, inc. earnings: 3/4 04:22 pm
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Source: GlobeNewswire
EAGLE, Idaho, Feb. 27, 2020 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., its home health and hospice portfolio company, has entered into an agreement to form a home health joint venture with Scripps Health, a leading nonprofit integrated health system based in San Diego, California. The finalization of the joint venture is subject to customary closing conditions and is expected to occur in the third quarter of 2020. Following the closing of the transaction, the joint venture will be managed by a Cornerstone affiliate and will provide home health services to patients throughout San Diego County and surrounding areas. As the parties begin the integration process, from now until closing, a Cornerstone affiliate will work with Scripps Home Health in preparation for the joint venture. “While we have op
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PNTG
Earnings
- 11/6/24 - Beat
PNTG
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form SC
- 11/7/24 - Form SC
- PNTG's page on the SEC website