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Home » Deal Book: Pennant Buy Grand Care Home Health, CareTech Gets Quality Home Health
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Deal Book: Pennant Buy Grand Care Home Health, CareTech Gets Quality Home Health

adminBy adminJuly 7, 2025No Comments7 Mins Read
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Pennant Group expands its California presence with the acquisition of GrandCare Health Services

Pennant Group Inc. (NASDAQ: PNTG) has acquired GrandCare Health Services in Southern California.

As we move forward, the agency is known as Grand Care Home Health. It will serve Los Angeles, Orange, Riverside and San Diego counties, thereby expanding the area's Pennant service area.

“We are delighted to welcome Grancare's hometown health into the Pennant,” Pennant CEO Brent Gerrisorli said in a statement. “This acquisition will enhance our ability to provide home health services in the strategically important California market that already has a strong senior presence, and will strengthen the footprint of home health services in certain regions.”

Patients can expect consistent home healthcare delivery, supported by Pennant's expanded resources, expertise and innovative solutions.

“We are thrilled to join the Pennant,” said Dr. David Bell, chairman and co-founder of Grand Care. “From the start, it was clear that Pennants share our commitment to empowering local teams and providing excellent clinical care. We look forward to working together through a smooth transition and continuing to deliver high quality, patient-centered care.”

Pennant Group Inc. is a holding company with independently operated subsidiaries providing health services through home health and hospice institutions, as well as senior living communities in 14 states.

CareTech obtains quality home health care

CareTech has acquired high quality home health, a Wyoming-based agency that has served the Laramie community since 2001. The acquisition is expected to strengthen CareTech's presence throughout the Rocky Mountains region and strengthen its commitment to providing people-centered care in rural areas.

“We're excellent together,” CareTech president and CFO Prateek Aneja said in a statement. “High-quality home healthcare has been impressed by the longevity and values ​​that closely align with ourselves. This partnership reflects our shared commitment to caring, family-centered care.”

CareTech continues to provide and enhance skilled nursing and certified nursing assistant services throughout Wyoming. This includes support from wound care, medication management, infusions and other complex health needs, all in the comfort of the client's home.

A nurse director has also been added to the company's Nebraska site, providing additional clinical leadership and support across both states.

According to CareTech, quality home health clients will not face disruptions in care, leaving caregivers and staff members there to stay. Additionally, high quality home healthcare is integrated into CareTech's platform to improve operations, scheduling, compliance and caregiver empowerment.

High-quality home health names have completely moved to the CareTech brand, creating a unified presence throughout the region.

The acquisition is the first of several planned initiatives, the company noted, as part of CareTech's vision to become a major provider across its footprint.

Clara Home Care is expanding AI-led senior services across California

Clara Home Care has announced a statewide expansion of senior home care services across California. The move will expand the company's AI-powered care platform to more families in search of affordable ways to access high-quality senior home care.

For caregivers, this expansion offers greater revenue potential, modern tools, and the flexibility to decide when and how they work. Clara's network is currently comprised of over 2,000 skilled caregivers.

“The expansion of Clara is a crucial moment for senior home care,” said John Levinson, CEO and co-founder of Clara. “More families want to keep their loved ones home, and more caregivers want jobs that respect their time, talent and independence.”

Since its launch in the San Francisco Bay Area in 2024, Clara has provided over 20,000 hours of home care.

New Day Healthcare to get Heritage Home Healthcare in New Mexico

New Day Healthcare has signed a purchase agreement to acquire Heritage Home Healthcare, indicating its expansion into New Mexico.

Heritage Home Healthcare provides home care, hospice and skilled care services in New Mexico, with over 900 caregivers serving 1,100 patients every day. The organization will continue to operate under its current brand.

“We are delighted to partner with the Heritage Home Healthcare team,” said G. Scott Herman, founder and CEO of New Day, in a statement. “It's an honor to acquire a company that is as solid as its 32-year-old heritage that cares the citizens of New Mexico.”

Based in McKinney, Texas, New Day serves approximately 180,000 patients each year and employs approximately 10,000 patients in home hygiene, hospice, pediatrics, clinical decision support and personal care.

The addition of heritage will expand the new day to the fifth state. The purchase is scheduled to close in July, with regular closure conditions and regulatory approvals. The financial conditions for the transaction have not been disclosed.

Axxess partners with Zing Performance to provide brain health solutions for seniors

Axxess partners with Zing Performance, a global provider of cognitive and neurological wellness programs based in Neptune Beach, Florida, to provide clinically proven brain health solutions.

“This partnership delivers evidence-based brain health programs directly to the home, supported by our technology and in line with Medicare reimbursement,” said Chris Taylor, senior vice president of Channel Partnerships at Axxess. “Through our platform, we are helping organizations to offer cognitive neurological wellness programs, helping them expand new services and improve reimbursements.”

According to Axxess, providers can easily incorporate Zing's brain and balance care programs into their regular services without increasing clinical workloads.

“Together, we empower institutions to provide a brain compensated by Medicare and balance care that enhances memory, emotional regulation and fall prevention,” said John McGuire, CEO of Performance. “Zing also offers turnkey solutions with its own Medicare National Provider Identifier (NPI), medical director, clinical team and billing platform.”

Based in Dallas, Axxess works with partners and payers across the healthcare continuum to serve more than 9,000 organizations and 5 million patients worldwide.

Seniors supporting seniors expand in New Jersey, Colorado

Seniors supporting seniors have announced the location of a new franchise that will serve central New Jersey, owned by resident Deeptika Tranganta. New locations include Somerset, Bridgewater, Burners, Flemington, Clinton, Edison, South Plainfield, New Brunswick, Piscataway, Trenton and Princeton.

“My father-in-law's sudden illness experience firsthand showed me the life-changing impact that caring caregivers have had,” Katragunta said in a statement. “I wanted to be part of what empowers them, not just supporting older people. Seniors who help seniors have given us a framework to build a purpose-driven business that gives back to our community.”

Additionally, Dan and Liz Rosenbaum, resident of Fountain Pueblo, Colorado, have opened the franchise location to serve El Paso, Pueblo and Fremont counties.

As the only provider in the area with a Class A medical license, Rosenbaums offers both non-medical and skilled healthcare services.

“I know how difficult it can be to find reliable home support in rural Colorado,” Liz Rosenbaum said. “We are not just providing care. We have a relationship that feels like family and helps our active seniors stay engaged and earn money. We are proud to be a personal and part of a solution that will help our neighbors age with dignity.”

Elderly people who provide home care services in 400 regions nationwide have over 200 franchise partners in 38 states.

Senior Helper Opens New Santa Clarita Location

Senior Helper has expanded to Santa Clarita, California, offering a range of services, including assisting daily tasks and specialized care for ongoing health.

The location is owned and operated by Dr. Nikki Thummalakunta, a medical professional with a background in medicine and clinical research.

“I chose senior helpers because their mission is consistent with my value in providing professional and caring care while helping seniors maintain independence and dignity at home,” Thummalakunta said. “We were able to blend our medical background with our sincere purpose.”

Santa Clarita Senior Helpers offer exclusive Life Profile Programs. It is a data-driven assessment tool designed to reduce hospitalizations and support aging. Caregivers are also trained through the Senior GEMS Program in Alzheimer's and Dementia Care. Additional specialized programs are available for Parkinson's disease care, transitional care, surgical assistance and veteran care.

The senior helper owned by Advocate Health was founded in 2002 and has hundreds of franchise and company-owned locations across the United States



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