Cornerstone Healthcare, Inc. /
Signature Healthcare at Home
The Pennant Group completes Signature Healthcare at Home asset purchase
What happened
Cornerstone Healthcare, Inc., a wholly-owned subsidiary of The Pennant Group, Inc., completed its purchase of Signature Healthcare at Home assets in two stages. The assets included home health and hospice operations in Washington, Idaho and Oregon.
The Washington and Idaho purchase price was $32,000,000, and the Oregon purchase price was $48,480,000.
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The Pennant Group completes Signature Healthcare at Home asset purchase
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