PACS has been in the news 643% more than usual
Nov 08, 2024, 1:33 AM
-21.79%
What does PACS do
PACS Group, headquartered in Farmington, Utah, operates over 218 post-acute care facilities across nine states, employing 32,433 staff and serving over 20,000 patients daily. The company went public on April 11, 2024.
PACS has been in the news recently: PACS Group, Inc. operates 284 facilities across 16 states with a 90.5% occupancy rate and is currently facing investigations related to federal securities law violations. The company has seen a significant decline in its stock price, falling over 42% amid allegations of scamming healthcare programs.
📡️ Health Care
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