PACS Group, Inc. Market Research Report

Company Overview

• Name: PACS Group, Inc.

• Mission of the Company: To revolutionize the delivery, leadership, and quality of post-acute care nationally.

• Foundation: Established in 2013

• Founders: Jason Murray and Mark Hancock

• Key People:

• Jason Murray - Co-Founder, CEO and Chairman

• Mark Hancock - Co-Founder and Executive Vice Chairman

• Joshua Jergensen - President and Chief Operating Officer

• Derick Apt - Chief Financial Officer

• John Mitchell - Chief Legal Officer and Secretary

• Michelle Lewis - Chief Accounting Officer

• PJ Sanford - President, PACS Services

• Joseph Lee - Chief Compliance Officer

• Headquarters: 262 N University Ave., Farmington, UT 84025

• Number of Employees: Over 45,000 professionals

• Revenue: No information is available

• Known For: Revolutionizing post-acute care facilities and senior living communities with a national platform investing in related professionals and ancillary services.

Products

• Post-Acute Care Facilities: PACS Group operates a comprehensive platform for post-acute medical care delivery.

• High-Level Description: Provides care across skilled nursing facilities supported by advanced operational systems and care models.

• Key Features:

• Clinical excellence

• Operational effectiveness

• Personalized patient care

• Senior Living Communities: PACS Group administers various forms of senior living environments.

• High-Level Description: Includes assisted living, independent living, and memory care designed to offer residents excellent life quality and personalized care options.

• Key Features:

• Excellent resident experiences

• Professional care environment

• Support for personal well-being

• Ancillary Services: Support and consulting services to reduce administrative burdens for affiliated facilities.

• High-Level Description: Back-office support, including finance, accounting, recruiting, technology services, and clinical training.

• Key Features:

• Financial planning and analysis

• Compliance support

• Technology infrastructure

Recent Developments

• Recent Acquisitions:

• In 2024, PACS Group completed acquisitions of skilled nursing facilities in Tennessee and operations at 8 facilities in Pennsylvania.

• New Product Developments: No information is available

• New Features Added: No information is available

• Recent Partnerships:

• Recognized by U.S. News & World Report and Newsweek Magazine for their post-acute locations, indicating growing prestige and impact.

• Operational Metrics: PACS Group has been providing updates on preliminary third-quarter operational metrics to evaluate progress and performance levels.

Summary

PACS Group, Inc. has positioned itself as a leader in post-acute healthcare, rapidly expanding since its foundation in 2013. The company prides itself on innovative care solutions across its facilities, underpinned by its core mission-driven values of love, trust, and accountability. The company's broad service spectrum aims to elevate the quality of life and care for a vast network of patients and residents. Despite the lack of certain financial data, recent strategic acquisitions and industry recognition highlight PACS Group's ongoing growth and influence in its field.