PACS Group Inc., a Farmington-based a holding company investing in post-acute healthcare facilities, has announced that subsidiaries of the company have agreed to acquire the operations of 53 skilled nursing and assisted/independent living facilities across eight western states. The facilities are currently operated by Prestige Care, a family-owned company based in Vancouver, Washington.
PACs Group will lease 37 of the physical facilities of the operations from a joint venture in which it owns a 25 percent interest. The remaining 16 facilities will be leased from unaffiliated third-party Please log in to see the rest of this story.
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