PACS Group, Inc. (NYSE: PACS) has established itself as one of the dominant players in South Carolina’s skilled nursing facility sector, according to the latest Centers for Medicare & Medicaid Services (CMS) data analysis. The company currently operates 19 skilled nursing facilities in South Carolina.
Portfolio Overview
PACS Group’s nationwide footprint extends well beyond South Carolina, with a total of 181 skilled nursing facilities across nine states, according to the CMS ownership data. California represents the company’s largest market with 118 facilities, followed by South Carolina and Colorado with 19 facilities each [4]. The company maintains a smaller but significant presence in Kentucky (7), Ohio (6), Nevada (4), Arizona (4), Texas (2), and Missouri (2).
Ownership Structure
The company demonstrates a strong ownership position across its portfolio, with full ownership (100% stake) in 180 of its 181 facilities. This high level of control suggests PACS Group employs a direct ownership strategy rather than minority investments or joint ventures.
Company Background
Founded in 2013, PACS Group specializes in post-acute care services through independently operated skilled nursing facilities. The company completed its initial public offering in April 2024, raising approximately $450 million at $21 per share with an initial valuation of around $3.1 billion. As of May 3, 2025, PACS shares were trading at $10.07.
This Owner Snapshot was created using LevinPro AI from propriety data in our LevinPro LTC platform and reviewed for accuracy and clarity by Editor Ben Swett.
