Pennant Group to acquire home health/hospice assets from UnitedHealth/Amedisys for $102.5M

Pennant Group, Inc.

Acquisition price $102,484,000, subject to pre- and post-closing adjustments, paid in cash.
Transaction includes equity interests and assets of subsidiaries providing home health, hospice, and palliative care services.
Closing conditioned on antitrust/healthcare regulatory approvals and approval of pending Amedisys merger with UnitedHealth.
Pennant Group's subsidiaries Cornerstone Healthcare and Tensaw River Healthcare are the buyers.

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