Business
PACS Group Announces the Acquisition of Three Post-Acute Operations and the Real Estate of Four Facilities
SALT LAKE CITY, January 20, 2026--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company") today announced that independently operated subsidiaries of the Company have acquired the operations of three post-acute care facilities, two located in Alaska and one in Idaho, representing a total of 230 beds.
About this update from Pacs Group, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":232,"url":"https://media.zenfs.com/en/business-wire.com/a0bc7b796ecae8e10b2d55822db7870f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Qh7lxMys04QpzUWyscC1NQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ2NDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a0bc7b796ecae8e10b2d55822db7870f","width":480,"height":232}},"lazy":false},{"type":"text","content":"SALT LAKE CITY, January 20, 2026--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company") today announced that independently operated subsidiaries of the Company have acquired the operations of three post-acute care facilities, two located in Alaska and one in Idaho, representing a total of 230 beds.","length":338,"tagName":"p"},{"type":"text","content":"The facilities are located in the Kenai Peninsula region of Alaska and the Boise metropolitan area of Idaho. The Company acquired the real estate associated with the two Alaska facilities, while the Idaho facility will operate under a lease arrangement with a third-party landlord. In addition, PACS recently acquired the real estate for two existing skilled nursing operations: Sierra Valley Rehab Center in Porterville, California, and Apache Junction Health Center near Phoenix, Arizona.","length":490,"tagName":"p"},{"type":"text","content":""We remain focused on disciplined growth within the post-acute care sector as the foundation of our operating and investment strategy," said Jason Murray, Chairman and Chief Executive Officer of PACS. "These acquisitions align with our core platform and expand our presence in markets with strong fundamentals that support higher-acuity care delivery and long-term performance."","length":398,"tagName":"p"},{"type":"text","content":"Josh Jergensen, Chief Operating Officer of PACS, added: "Expanding our operational footprint and selectively increasing real estate ownership are key elements of our growth strategy. We’re eager to operate these communities and work alongside their teams, bringing the PACS operating model into markets where we believe it can perform at a high level and make a meaningful impact."","length":391,"tagName":"p"},{"type":"text","content":"This expansion brings P...