©Reuters. PACS Group (PACS) announces IPO proposal
PACS Group (PACS) has filed an IPO proposal.
The company describes itself as follows: “We are a leading post-acute healthcare company primarily focused on providing high-quality, skilled nursing care through a portfolio of independently operated facilities.” 2013 Founded in It offers. Some communities also offer senior care, assisted living, and independent living options. Our historic growth has been primarily driven by our expertise in acquiring underperforming long-term care skilled nursing facilities and converting them into more precise, value-added short-term transitional care skilled nursing facilities. . We attribute much of our success to our decentralized, local operating model. This gives each facility's regional leaders the autonomy to run their facility, delivering exceptional clinical quality and a superior experience to patients. We provide independently operated facilities with a comprehensive suite of technology, support and back-office services, allowing local leadership teams to focus more time and energy on delivering quality care to patients. . We believe our operating model provides value to all healthcare stakeholders, including patients and their families, referring providers, payers, administrators and clinicians. ”
Citigroup, JP Morgan and Trust will serve as lead managers.
