PACS Inc

PACS Group, Inc., established in 2013, is a prominent holding company specializing in post-acute healthcare services across the United States. The company delivers high-quality skilled nursing care through a network of independently operated facilities.

As of 2024, PACS Group's subsidiaries manage over 200 post-acute care facilities across nine states, serving more than 20,000 patients daily.

Service Offerings

PACS Group provides a comprehensive suite of services to support healthcare facilities in their operational and clinical endeavors, including:

• Clinical Training & Support: Ensuring clinical staff follow best practices for patient safety and satisfaction.
• Back-Office Support and Consulting Services: Offering financial management, technology support, and administrative services to reduce operational burdens.
• Recruiting & Staff Support: Recruiting and training leaders and staff for skilled nursing and long-term care facilities.
• Finance & Accounting: Providing financial management tools and consulting, including billing, payroll, and financial planning.
• Technology & Creative Services: Supporting facilities with technology infrastructure, graphic design, and public relations.

These services enable local leadership and care teams to focus more on patient care and well-being.

Financial Milestones

PACS Group's commitment to quality and growth is evident in its recent financial milestones. In April 2024, the company completed an upsized initial public offering (IPO), raising approximately $450 million by selling 21.4 million shares at $21 each.

The shares began trading on the New York Stock Exchange under the ticker symbol "PACS."

Corporate Headquarters

The company's corporate headquarters are located at 262 N. University Avenue, Farmington, Utah 84025.

Locations

PACS Group operates facilities in various states, including:

• California: Antioch, Ontario, and Pasadena
• Texas: Pearland, Brownsville, and Pasadena
• Arizona: Glendale and Goodyear
• Washington: Vancouver
• Colorado: Colorado Springs
• Ohio: Columbus