PACS Group, Inc.

PACS Group, Inc. is a post-acute healthcare company primarily focused on providing skilled nursing care. Founded in 2013, it is one of the largest skilled nursing providers in the United States by number of facilities. The company operates 321 post-acute care facilities across 17 states, serving over 31,700 patients daily. In addition to skilled nursing, PACS Group, Inc. also offers senior care, assisted living, and independent living options in some of its communities. The company's growth has largely stemmed from acquiring underperforming long-term custodial care skilled nursing facilities and converting them into higher acuity, high value-add short-term transitional care skilled nursing facilities. Its operating model is locally led and centrally supported, empowering local leaders at each facility to operate autonomously. PACS Group, Inc. provides its independently operated facilities with technology, support, and back-office services, allowing local leadership to concentrate on patient care. Skilled nursing facilities are central to the post-acute care ecosystem, offering cost-efficient facility-based care for patients discharged from hospitals who still require 24-hour in-patient services, including both long-term custodial care and short-term transitional care.