PACS Group Acquires Three Post-Acute Operations and Four Facilities
PACS Group, Inc., a leading operator and investor in post-acute healthcare services, has announced a series of strategic acquisitions that further strengthen its national footprint and long-term growth strategy. Through independently operated subsidiaries, the Company has acquired the operations of three post-acute care facilities located in Alaska and Idaho, adding a total of 230 licensed beds to its portfolio. In parallel, PACS has also expanded its real estate holdings by acquiring properties associated with both newly added and existing skilled nursing facilities across multiple states.
The newly acquired post-acute operations include two facilities located in Alaska’s Kenai Peninsula region and one facility situated in the Boise metropolitan area of Idaho. These acquisitions represent a deliberate move into markets that PACS believes offer strong demographic trends, favorable healthcare demand, and long-term opportunities for higher-acuity post-acute care delivery. While PACS has acquired the underlying real estate for the two Alaska facilities, the Idaho operation will continue to function under a lease agreement with a third-party landlord, reflecting the Company’s flexible approach to asset ownership and capital deployment.
In addition to the three operational acquisitions, PACS has recently completed the purchase of real estate tied to two of its existing skilled nursing facilities. These include Sierra Valley Rehab Center in Porterville, California, and Apache Junction Health Center near Phoenix, Arizona. By increasing ownership of the real estate supporting its operations, PACS continues to strengthen its balance sheet, improve operational stability, and enhance long-term value creation.
Jason Murray, Chairman and Chief Executive Officer of PACS Group, emphasized that these transactions are consistent with the Company’s disciplined and methodical approach to growth. “We remain focused on disciplined expansion within the post-acute care sector as the foundation of our operating and investment strategy,” Murray said. “These acquisitions align well with our core platform and extend our presence in markets with strong fundamentals—markets that support higher-acuity care delivery, operational excellence, and sustainable long-term performance.”
Murray noted that PACS carefully evaluates each acquisition opportunity to ensure it fits within the Company’s operating model and strategic objectives. The Company prioritizes markets with aging populations, strong referral networks, and healthcare systems that value quality post-acute outcomes. According to PACS leadership, Alaska and Idaho represent underserved but promising regions where high-quality post-acute services are increasingly in demand.
Chief Operating Officer Josh Jergensen highlighted the importance of combining operational expansion with selective real estate ownership. “Expanding our operational footprint while thoughtfully increasing real estate ownership remains a key component of our growth strategy,” Jergensen said. “We are excited to welcome these new communities and collaborate closely with their teams. Our goal is to bring the PACS operating model into markets where we believe it can perform at a high level and deliver meaningful, measurable impact for patients, caregivers, and local healthcare partners.”
Jergensen added that PACS places strong emphasis on working collaboratively with existing facility leadership and staff to ensure continuity of care while introducing best practices in clinical quality, workforce development, and operational efficiency. The Company’s operating model focuses on empowering local teams, enhancing care coordination, and investing in systems that support higher-acuity patient populations.
The acquisition of real estate assets at Sierra Valley Rehab Center and Apache Junction Health Center further underscores PACS’ commitment to long-term asset stewardship. By owning the properties associated with key facilities, the Company gains greater control over capital investments, facility upgrades, and future development opportunities. This strategy also reduces exposure to long-term lease risks while aligning real estate decisions more closely with operational goals.
Industry analysts note that PACS’ recent transactions reflect broader trends in the post-acute care sector, where operators are increasingly seeking scale, geographic diversification, and ownership structures that support long-term stability. As healthcare systems continue to shift care away from hospitals and into post-acute settings, demand for skilled nursing and rehabilitation services—particularly those capable of managing higher-acuity patients—continues to rise.
PACS Group has positioned itself as a platform designed to meet these evolving healthcare needs. Through a combination of operational expertise, disciplined capital allocation, and market-focused growth, the Company aims to deliver consistent outcomes for patients while generating sustainable returns for stakeholders.
With the completion of these acquisitions, PACS continues to execute on its strategy of targeted expansion, balancing operational growth with prudent investment in real estate assets. Company leadership indicated that PACS remains actively engaged in evaluating additional opportunities that align with its strategic priorities and uphold its commitment to quality, performance, and long-term value creation within the post-acute care sector.
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