Skilled Nursing News January 14, 2026
Amy Stulick

PACS Group (NYSE: PACS) expects 2026 to be characterized by strong operating and clinical momentum, with plans to own more of its currently leased skilled nursing facilities and build more hospital-like care settings.

The company has $350 million in cash, minimal debt and additional credit capacity, allowing it to pursue mergers and acquisitions at a normal pace compared to last year, executives said during an investor presentation on Wednesday.

For PACS, 2025 was quiet in terms of acquisitions, as the company completed its internal investigation following allegations of improper billing practices. The investigation led to a revenue restatement of slightly over $60 million for two quarters.

As part of their presentation at the JP Morgan Healthcare Conference, PACS CEO Jason...

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