PACS Group to Acquire Operations of 34 Facilities Across Texas, Montana, New Mexico, North Dakota, South Dakota, and Utah

PACS Group to Acquire Operations of 34 Facilities Across Texas, Montana, New Mexico, North Dakota, South Dakota, and Utah

PACS Group, Inc. (NYSE: PACS) announced today that subsidiaries of the Company have entered into a definitive agreement to acquire the operations of 34 skilled nursing facilities across six western states from Eduro Healthcare (“Eduro”), a family-owned company with a nearly 20-year history of caring for seniors.

The operations are in Texas (22 facilities), Montana (six facilities), South Dakota (three facilities), and one facility in each of New Mexico, North Dakota, and Utah. Collectively, the facilities comprise 3,633 skilled nursing beds.

“We’re thrilled to welcome these 34 facilities, as well as their staff and residents, to the PACS family,” said Jason Murray, PACS Chairman and CEO. “The Eduro leadership team have a remarkable reputation for excellence and have built a solid foundation of clinical care and operational performance that we’ll continue to add value to. We look forward to building on their culture, their great success, supporting these new facilities, and furthering our mission of providing exceptional nursing care to everyone in these communities.”