Pennant Group expands home health/hospice acquisition from UnitedHealth, purchase price rises to $146.5M

Pennant Group, Inc.

Purchase price increased from $102.5M to $146.5M via First Amendment; adds entities and locations.
Additional purchased entities: SunCrest Healthcare of East Tennessee, Amedisys SP-TN, AseraCare Hospice-Tennessee.
Adds five agency locations in Tennessee: Brentwood, Smyrna, Pulaski, Spring Hill, Jefferson City.
New sellers include Hospice of Eastern Carolina, AccuMed Health Service, SunCrest Companion Services.
Certain assets assigned to Pennant subsidiaries Threemile River Healthcare and Bashaw River Healthcare.

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