PACS Group, Inc.

Earnings data Q1 2024

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”) 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.

FDA Grants 510(k) Clearance to Sonic Incytes' Velacur® Determined Fat Fraction (VDFF), a breakthrough for patients with MASLD and MASH

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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FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announced today that subsidiaries of the Company have agreed to acquire the operations of 53 skilled nursing and assisted/independent living facilities across 8 western states. The facilities are currently operated by Prestige, a family company whose legacy of caring for seniors dates back to the 1940s. The operations are located in 8 states, including Oregon (21 facilities), Washington (19 facilities), I.

PACS Group Announces Pending Acquisition of Operations at 53 Facilities in Pacific Northwest, Real Estate Joint Venture on Majority of the Locations

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FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announced today that Evelyn Dilsaver has been appointed to serve as a member of its Board of Directors. “We're thrilled to have Evelyn join our board,” said Jason Murray, PACS Chairman and CEO. “She has great experience as an accounting and finance professional, not to mention her work on the boards of several other public companies. She'll bring added perspective and expertise to the board as we work to.

PACS Group Announces Appointment of Evelyn Dilsaver to Serve as Independent Board Director

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”), which together with its subsidiaries is one of the largest post-acute healthcare companies in the United States, announced operating results for the first quarter of 2024, reporting net income of $49.1 million, Adjusted EBITDA of $88.5 million and Adjusted EBITDAR of $152.5 million. Highlights: GAAP earnings per share for the quarter was $0.38, an increase of 31.0% over the prior year quarter. GAAP net i.

PACS Group, Inc. Reports First Quarter 2024 Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS Group” or the “Company”), today announced that it will release its first quarter 2024 financial results after market close on Monday, May 13, 2024. Management will host a call the following day, Tuesday, May 14, 2024, at 4:00 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 t.

PACS Group to Announce First Quarter 2024 Financial Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (“PACS” or the “Company”) today announced the closing of its initial public offering of 21,428,572 shares of its common stock sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses. In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Com.

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

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