Sep. 11 at 3:37 PM
$PACS
The Company has continued to grow its portfolio through acquisitions with the net addition of 96 healthcare facilities since the second quarter of 2024, the majority of which occurred in the second half of 2024. As of June 30, 2025, PACS’s subsidiaries operated 316 health care facilities with 32,208 skilled nursing beds and 2,419 assisted living beds across 17 states.
The Company’s total facilities occupancy was 88.9%, compared to an industry average of 78.0%. Ramping and mature facilities occupancies were 86.3% and 95.1%, respectively.
The Company’s ramping and mature facilities skilled mix was 23.3% and 34.1%, respectively.
As of June 30, 2025, the Company had
$294.2 million of cash and cash equivalents, compared to
$157.7 million of cash and cash equivalents as of December 31, 2024.
