Stephen Baxter

Benjamin Hendrix

Scott Fidel

Ben Hendrix

David Macdonald

Raj Kumar

- The Pennant Group is acquiring **Tennessee assets** from the Optum Amedisys transaction, along with additional locations in **Georgia and Alabama**, with an expected close in the **early fourth quarter**.  **[1766400_2161141_0]**  This acquisition includes the **University of Tennessee Medical Center joint venture**.  **[1766400_2161141_4]** 
- The company is actively addressing a proposed **6.5% CMS cut** to home health reimbursement by focusing on internal operational efficiencies, technology, and labor management, while also engaging in lobbying efforts to change the outcome.  **[1766400_2161141_4]** **[1766400_2161141_5]** **[1766400_2161141_6]** 
- PNTG anticipates that potential reimbursement cuts could create **consolidation opportunities** in the home health industry, which they are positioned to capitalize on.  **[1766400_2161141_5]** **[1766400_2161141_6]** 
- Pennant's core operating model emphasizes **local leadership** and an entrepreneurial approach, which they believe drives growth and differentiates them in the healthcare services market.  **[1766400_2161141_0]** **[1766400_2161141_1]** **[1766400_2161141_2]**

Pennant Group (PNTG)