PACS Group, Inc.PACS
What PACS Group, Inc. does.
We are a leading post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities. Founded in 2013, we are one of the largest skilled nursing providers in the United States based on number of facilities. We also provide senior care, assisted living, and independent living options in some of our communities. In total, we operate 321 post-acute care facilities across 17 states serving over 31,700 patients daily. Our significant historical growth has been primarily driven by our expertise in acquiring underperforming long-term custodial care skilled nursing facilities and transforming them into higher acuity, high value-add short-term transitional care skilled nursing facilities. We believe our success is driven in significant part by our locally led, centrally supported operating model, through which we empower local leaders at each facility to operate their facility autonomously and deliver excellence in clinical quality and a superior experience for our patients. We provide our independently operated facilities with a comprehensive suite of technology, support, and back-office services that enable local leadership teams to focus more of their time and effort on providing quality care to patients. We believe our operating model delivers value to all of our healthcare stakeholders, including patients and families, referring providers, payors, and administrators and clinicians.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $2.4B | $3.1B | $4.1B | $5.3B |
| Net income | — | $150.5M | $112.9M | $55.8M | $191.5M |
| Free cash flow | — | $69.8M | $17.9M | $300.9M | $298.8M |
More on PACS.
- PACS Group, Inc. summary
- PACS Group, Inc. financial statements
- PACS Group, Inc. key metrics
- PACS Group, Inc. health scores and style box
- PACS Group, Inc. earnings
- PACS Group, Inc. dividends
- PACS Group, Inc. valuation
- PACS Group, Inc. ownership and insiders
- PACS Group, Inc. peers
Figures from PACS Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.