Pennant Group Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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Item 2. Properties
Service Center
We lease office space to accommodate our Service Center. Our primary Service Center is located in Eagle, Idaho. The leased property consists of approximately 16,794 square feet of office space and the lease term expires March 31, 2025. We also have leased office space for service centers in Midvale, Utah and Farmington, Connecticut.
Home Health and Hospice Agencies and Senior Living Communities
As of December 31, 2024, we operated 123 home health, hospice and home care agencies in Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. Office space is leased within geographies served by our agencies.
As of December 31, 2024, we operated 57 affiliated senior living communities in Arizona, California, Idaho, Nevada, Texas, Utah, and Wisconsin with 3,960 Senior Living units. We lease 54 of our communities through long-term, triple-net lease arrangements, and own the remaining 3 properties.
The following table provides summary information regarding the locations of our home health and hospice agencies and our senior living communities and operational units as of December 31, 2024:
| State | Home Health Agencies | Hospice Agencies | Senior Living Communities | Senior Living Units |
|---|---|---|---|---|
| Arizona | 7 | 13 | 5 | 840 |
| California | 9 | 12 | 7 | 629 |
| Colorado | 9 | 2 | — | — |
| Idaho | 6 | 5 | 3 | 232 |
| Montana | 1 | 1 | — | — |
| Nevada | 1 | 2 | 4 | 385 |
| Oklahoma | 2 | 2 | — | — |
| Oregon | 2 | 1 | — | — |
| Texas | 6 | 10 | 12 | 709 |
| Utah | 8 | 5 | 2 | 188 |
| Washington | 10 | 4 | — | — |
| Wisconsin | 2 | 1 | 24 | 977 |
| Wyoming | 1 | 1 | — | — |
| Total | 64 | 59 | 57 | 3,960 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.