PACS Group, Inc. Stock

PACS Group, Inc. is a holding company, which is engaged in post-acute care facilities, professional and ancillary services. The Company is focused on delivering skilled nursing care through a portfolio of independently operated facilities. It also provides its independently operated facilities with a comprehensive suite of technology, support, and back-office services. The post-acute care ecosystem serves individuals who need additional help recuperating from acute conditions, illnesses, or serious medical procedures after they have been discharged from the hospital. This ecosystem ranges from higher acuity, higher-cost settings, such as long-term acute care hospitals and inpatient rehabilitation facilities, to lower acuity, lower-cost settings, such as assisted living facilities, and home health. It is a skilled nursing provider in the United States based on number of facilities, with over 218 post-acute facilities across nine states serving over 20,000 patients daily.