Pennant Group Acquires Ardent Hospice and Palliative Care
August 16, 2022
The Pennant Group, Inc. (through its hospice/home-health subsidiary Cornerstone Healthcare, Inc.) acquired the assets of Ardent Hospice and Palliative Care, expanding its hospice and home health footprint in California across the Central Valley, Palm Springs and San Diego. The acquired agencies had a collective hospice average daily census of approximately 90 patients prior to the transaction and will be integrated into Pennant’s existing home health and hospice operations.
- Buyers
- The Pennant Group, Inc., Cornerstone Healthcare, Inc.
- Targets
- Ardent Hospice and Palliative Care
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Addon
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