The Pennant Group acquired Arizona-based Valor HospiceCare.
The Idaho-headquartered home health, hospice and senior living company has been building out its acquisition pipeline, executives indicated in earnings calls. Interest in hospice deals is rising as record-high valuations begin to come down, according to Pennant President and COO John Gochnour.
“We’re seeing more opportunities coming to market in the valuation zone that we feel comfortable pursuing in our disciplined acquisition strategy,” Gochnour said during a second-quarter earnings call. Read more.
