{"schema_version":"secwatch.filing_event.v1","accession":"0002001184-24-000012","form_type":"8-K","ticker":"PACS","cik":"0002001184","company_name":"PACS Group, Inc.","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.394050+00:00","generated_at":"2026-06-02T02:51:46.640760+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PACS Group Q1 net income $49.1M (+31% YoY), rev $934.7M (+32%); guides FY adj EBITDA $351-361M","bullets":["GAAP net income $49.1M (+31% YoY), GAAP EPS $0.38 (+31%); revenue $934.7M (+32% YoY).","Adjusted EBITDA $88.5M (+34% YoY); adjusted EBITDAR $152.5M.","Total facilities occupancy 91.1%; Medicare daily rate up 11%, Medicaid up 5.3% vs prior year Q1.","Added 10 operating facilities in Q1 (1,334 skilled nursing, 174 assisted living beds); total operated facilities 218.","FY2024 guidance: revenue $3.65-3.75B, adjusted EBITDA $351-361M."],"urls":{"canonical":"https://secwatch.observer/filing/0002001184-24-000012","json":"https://secwatch.observer/filing/0002001184-24-000012.json","markdown":"https://secwatch.observer/filing/0002001184-24-000012.md","text":"https://secwatch.observer/filing/0002001184-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2001184/000200118424000012/0002001184-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2001184/000200118424000012/pacs-20240513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:51:46.640760+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"858e8b0a8c77b7c035e0cb775bddf08a8c371f93","claim":"PACS Group, Inc. reported first quarter of 2024 results: revenue $934.7 million, net income $49.1 million, EPS $0.38. Guidance reaffirmed.","evidence_excerpt":"of 31.0% over the prior year quarter. • GAAP net income was $49.1 million, an increase of 30.7 % over the prior year quarter. • Consolidated GAAP revenue for the quarter was $934.7 million, an increase of 31.9% over the prior year quarter. • EBITDA and Adjusted EBITDA for the quarter was $96.3 million and $88.5 million, representing increases of 47.0% and 34.0%,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2001184/000200118424000012/0002001184-24-000012-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$934.7 million"},{"label":"Net income","value":"$49.1 million"},{"label":"EPS","value":"$0.38"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}