Skilled Nursing Facilities

PACS Group Completes Acquisition of Skilled Nursing Facilities in Tennessee

PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announces that independent operating subsidiaries of the Company closed on the operations of 11 skilled nursing facilities in Tennessee on December 1, 2024, which collectively comprise 1,310 skilled nursing beds; a 12th facility in Tennessee is expected to close in the first quarter of 2025, subject […]

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Top and Bottom States for Nursing Home Sector Dealmaking in 2025: A Regional Breakdown

Sufficient reimbursement, less regulation and adequate staffing are all attractive features for dealmaking, impacting operator decisions on which states and regions offer the path of least resistance when it comes to expanding their footprint. It may boil down to price per bed and the ease of the change of ownership (CHOW) process when determining desirability

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Radiant Alliance and CareSource Finalize Strategic Alliance to Build New Models of Care

CareSource, a nonprofit, nationally recognized managed care organization, and Radiant Alliance, an expanding consortium of nonprofit health and human services providers, announce the finalization of a strategic alliance to improve health outcomes and quality of life for individuals with complex health needs. Radiant Alliance provider members maintain their unique missions while collectively enabling the adoption

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Guardian Healthcare Sells, Transfers Operations of Nursing Homes

As part of its bankruptcy restructuring, Brockway, Pa.-based Guardian Health has sold eight of the system’s skilled nursing facilities to GBK Eight. The eight facilities are: Beaver Valley Healthcare and Rehabilitation Center (Beaver Falls, Pa.), Belair Healthcare and Rehabilitation Center (Lower Burrell, Pa.), Eldercrest Healthcare and Rehabilitation Center (Munhall, Pa.), Fairmont (W.Va.) Healthcare and Rehabilitation

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

PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announces 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

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