PACS Group completed the acquisition of 53 skilled nursing, assisted and independent living facilities from Prestige Care.

PACS Group, a holding company investing in post-acute healthcare facilities, professionals, and ancillary services, completed the acquisition of 53 skilled nursing, assisted and independent living facilities from Prestige Care, a complete senior care organization. Financial terms were not disclosed. “PACS is committed to growing as a legacy company. Our aim is to expand our presence as a leader in post-acute care and serve more people through our focus on their care, well-being and quality of life. As one of the nation’s largest skilled nursing operators, we take seriously our commitment to maintaining the operational excellence Prestige has provided for four decades and marrying it with the benefits of our proven model,” Jason Murray, PACS Chairman and CEO.