PACS Group, Inc.

Earnings data Q3 2024

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PACS Group, Inc. is a holding company, which engages in the provision of post-acute healthcare facilities, professionals, and ancillary services. It provides senior care, assisted living, and independent living options in some of the communities. The company was founded by Jason Murray and Mark Hancock in 2013 and is headquartered in Farmington, UT.

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announced today that independently operated subsidiaries of the Company have acquired the operations of 8 skilled nursing facilities in Pennsylvania. The facilities are located in the western Pennsylvania cities of Pittsburgh, Bedford, Bethel Park, Monroeville, and McMurray, and collectively comprise 1,199 skilled nursing beds. Four of the facilities are being leased from an affiliate of CareTrust REIT (N.

PACS Group Closes Acquisition of Operations at 8 Facilities in Pennsylvania, Including Real Estate on 4

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS Group” or the “Company”), today announced that it will release its third quarter 2024 financial results after market close on Thursday, November 7, 2024. Management will host a call on Thursday, November 7, 2024, at 5:00 p.m. Eastern Time to discuss the financial results and related information. PACS Group invites current and prospective investors to listen to the call via webcast by going to the Investors section of the PA.

PACS Group to Announce Third Quarter 2024 Financial Results

CareTrust REIT

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announced today that independent operating subsidiaries of the Company have agreed to acquire the operations of 12 skilled nursing facilities in Tennessee, and collectively comprise 1,310 skilled nursing beds. The facilities will be leased from an affiliate of CareTrust REIT (NYSE: CTRE), pursuant to the terms of a long-term, triple net lease. The lease includes options for us to purchase the real estate.

PACS Group Announces Pending Acquisition of Operations at 12 Skilled Nursing Facilities in Tennessee

IPO stock PACS is near a buy point after doubling in price in six months flat. The post-acute health care provider has outperformed Nvidia during that time.

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LTH vs. PACS: Which Stock Is the Better Value Option?

Investors interested in Medical Services stocks are likely familiar with Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two stocks offers value investors a better bang for their buck right now?

LTH vs. PACS: Which Stock Should Value Investors Buy Now?

LTH or PACS: Which Is the Better Value Stock Right Now?

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS”) has finalized its acquisition of operations of 53 skilled nursing, assisted and independent living facilities from Prestige Care (Prestige), bringing its proven model to new geographical areas. The facilities span eight western states with 21 facilities in Oregon, 19 in Washington, six in Idaho, three in Nevada and one facility each in Alaska, Arizona, California and Montana. Collectively, the facilities comprise 2,511 sk.

PACS Group Extends Footprint, Services to Pacific Northwest and Other States

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VANCOUVER, British Columbia--(BUSINESS WIRE)--Sonic Incytes Medical Corp, a leader in point-of-care ultrasound, proudly announces that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for its Velacur® Determined Fat Fraction (VDFF). This innovative measurement tool is integrated into the Velacur® device software, combining quantitative measures of ultrasound attenuation and backscatter. With a strong correlation coefficient of 0.85, VDFF estimates MRI proton density fat.

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SAN JOSE, Calif.--(BUSINESS WIRE)--In an initiative to increase the holistic well-being — and retention — of Mesa's more than 9,000 educators, administrators and staff, Mesa Public Schools has entered a contract with corporate well-being company Grokker. Grokker's AI-guided platform provides wrap-around programming to address not only stress, burnout, anxiety and other common mental health challenges but also nutrition, sleep, fitness and financial well-being — everything that teachers, staff a.

Mesa Public Schools Prioritizes Holistic Teacher, Staff and Leadership Well-being with Grokker

NEW YORK--(BUSINESS WIRE)--Melio, a leading B2B payments platform for small businesses, today announced an integration with the Amazon Business Reconciliation API to synchronize Amazon Business invoices in a single payment processing system, helping to save business owners valuable time. New York-based Melio is a payments platform reinventing how businesses pay each other to optimize cash flow and minimize admin work. Melio offers businesses more payment choices so that they have the flexibilit.

Melio Collaborates With Amazon Business to Improve Payments for Small Businesses

LONDON--(BUSINESS WIRE)--NTT DATA, a global digital business and IT services leader, has today announced a multi-year partnership with Arsenal to become the club's Official Digital Transformation Partner. As a leading transformation partner for some of the biggest sports clubs and sporting events globally, NTT DATA will bring new technologies to improve the Arsenal supporter experience. The two organisations will work together over the coming years to strengthen the club's connection with suppo.

Arsenal and NTT DATA Announce Multi-Year Digital Transformation Partnership to Deliver More Personalised and Seamless Experiences for Supporters Worldwide

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the closing of its upsized underwritten public offering of 19,034,482 shares of its common stock, which includes (i) 2,777,778 shares of its common stock sold by the Company and (ii) 16,256,704 shares of common stock sold by certain selling stockholders, which includes the exercise in full by the underwriters of their 30-day option to purchase an additional 2,482,758 shares of common stock.

PACS Group, Inc. Announces Closing of Its Upsized Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional Shares from the Selling Stockholders

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the pricing of its upsized underwritten public offering of 16,551,724 shares of its common stock, which includes 2,777,778 shares of common stock sold by the Company and 13,773,946 shares of common stock sold by certain selling stockholders, at a public offering price of $36.25 per share, for total gross proceeds of approximately $101 million to the Company and approximately $499 million t.

PACS Group, Inc. Announces Pricing of Its Upsized Public Offering

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the commencement of an underwritten public offering of 13,888,890 shares of its common stock, including 2,777,778 shares of common stock sold by the Company and 11,111,112 shares of common stock sold by certain selling stockholders. The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 2,083,332 of shares of common stock. PACS will n.

PACS Group, Inc. Announces Proposed Offering of Its Common Stock

PACS Group is a hidden gem stock with strong growth potential in the skilled nursing and assisted living facility industry. The company has shown aggressive growth through acquisitions, and as SNF facilities mature, growth is likely to remain healthy. Despite limited analyst coverage, PACS stock has shown an uptrend and is expected to outperform index and healthcare sector returns in the next three to five years.

PACS Group: Under The Radar Healthcare Stock To Buy On Corrections

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FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. Reports Second Quarter 2024 Results.

PACS Group, Inc. Reports Second Quarter 2024 Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS Group” or the “Company”), today announced that it will release its second quarter 2024 financial results after market close on Monday, August 12, 2024. Management will host a call on Monday, August 12, 2024, at 5:00 p.m. Eastern Time to discuss the financial results and related information. PACS Group invites current and prospective investors to listen to the call via webcast by going to the Investors section of the PACS Gr.

PACS Group to Announce Second Quarter 2024 Financial Results

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