Skilled Nursing News September 10, 2024
PACS Group (NYSE: PACS) announced Tuesday that it has finalized its acquisition of operations of 53 skilled nursing, assisted and independent living facilities from Prestige Care.
The nursing home giant said it’s bringing its proven model to new geographical areas, including the Pacific Northwest for the first time as well as to five new states: Alaska, Idaho, Montana, Oregon and Washington. This also enables PACS to establish a Senior Living vertical as it boosts its senior living portfolio from 16 to 37 communities, the company said in a press release.
“PACS is committed to growing as a legacy company,” said Jason Murray, PACS’ Chairman and CEO. “Our aim is to expand our presence as a leader in post-acute care...
Today's Sponsors
Today's Sponsor