PACS Group, Inc.
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- PACS Group, Inc. (NYSE: PACS) serves as a holding company that invests in and operates post-acute healthcare facilities, professionals, and ancillary services across the United States. Founded in 2013 and headquartered in Farmington, Utah, the company supports over 320 independent operating subsidiaries, which provide skilled nursing care, assisted living, senior living, and independent living services; comprehensive administrative support including accounting, finance, human resources, compliance, payroll, accounts receivable/payable, legal, risk management, information technology, and corporate communications; and technology, training, and operational services to enhance care delivery and facility performance for more than 30,000 patients and residents daily across 17 states. PACS Group targets patients requiring post-acute rehabilitation, long-term care, and senior housing in regional markets emphasizing local autonomy backed by national resources. In recent developments, the company completed the acquisition of an 11-facility skilled nursing portfolio in Tennessee in December 2024, adding 1,310 beds with one additional facility pending in Q1 2025, and acquired a 160-bed skilled nursing facility in Las Vegas, Nevada, contributing to a total of 38 facilities and 4,700 beds added since October 2024; it also amended its $600 million revolving credit facility in late 2025 to maintain $100 million drawn and approximately $500 million in available liquidity to fuel further growth.
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