Eagle, ID- based The Pennant Group has acquired Bluebird Home Health, Bluebird Hospice and Bluebird Home Care. The companies provide skilled home health, private duty and hospice services across Southwestern Idaho.
“We are thrilled to partner with Bluebird in expanding our operations in the state of Idaho,” Pennant CEO Brent Guerisoli said in a statement. “We are honored by the trust of our partners at Cascadia Healthcare, Bluebird’s prior owner, to continue Bluebird’s legacy of providing high-quality clinical care. We look forward to continuing to strengthen our relationship with these continuum partners as we work together to create value in meeting the needs of our shared patients, referral sources and payer partners.”
During an earnings call with investors in May, Guerisoli said that Pennant planned to build on the momentum of the past four quarters and keep investing in its home health and hospice operations. Pennant Group President and Chief Operating Officer John Gochnour noted at the time that deals would be forthcoming with a home health and hospice pipeline “ripe with opportunities.”
The acquisitions of the Bluebird companies, Gochnour said Thursday, “fit uniquely within the strong continuum of care we have successfully built in Idaho over the last 12 years.”
Guerisoli previously noted that Pennant’s home health / hospice and senior living segments both saw top-line growth despite labor and inflationary pressures last year.