PACS Group, Inc. is expanding its presence in Alaska through a recent acquisition and new construction plans that will add capacity to the state’s post-acute care infrastructure.
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The company announced that its independently operated subsidiaries have acquired operations of Ridgeway Senior Living, a post-acute care facility located in Anchorage. The transaction marks PACS’ fourth facility in Alaska and signals continued growth in a market the company views as strategically important.
As part of the deal, PACS also acquired adjacent land, where it plans to construct a new 150-bed skilled nursing facility. The project is expected to be completed in 2028 and will expand the healthcare campus into a more comprehensive care hub.
Company leadership emphasized that the planned facility will complement existing services and enhance care delivery in the region.
“We’re excited to expand our locally led, centrally supported model in Alaska,” said Jason Murray, chairman and chief executive officer of PACS. “With our plans to build another skilled nursing center on the property, the campus will provide a full continuum of care and become a valuable community asset. Our growth strategy is rooted in ensuring that a market can support our mission of delivering exceptional care at all levels of acuity, and we’re looking forward to supporting the residents and staff members in Anchorage.”
The addition of a purpose-built skilled nursing facility reflects broader trends in healthcare construction, where providers are investing in modern, scalable facilities to meet rising demand for post-acute and long-term care services.
PACS executives say the Alaska expansion aligns with a disciplined growth strategy focused on operational performance and patient outcomes.
“As we continue to grow, it’s with an eye on doing so strategically, ensuring that we can continue to deliver exceptional outcomes in helping residents at a vulnerable time in their lives,” said Josh Jergensen, chief operating officer. “Expanding further into Alaska represents an exciting opportunity to make a tangible impact in the lives of residents and staff members.”
The company’s portfolio now includes 325 communities across 17 states, totaling nearly 36,000 beds. PACS serves more than 31,000 patients daily through its network of post-acute care facilities.
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The planned development in Anchorage highlights ongoing investment in healthcare real estate, particularly in underserved or growing markets where demand for skilled nursing services continues to rise.
Industry analysts note that projects like this often require careful coordination of construction timelines, staffing strategies and regulatory compliance, especially in regions with unique logistical challenges such as Alaska.
With construction expected to move forward over the next several years, the new facility is positioned to play a key role in strengthening the region’s healthcare infrastructure while supporting PACS’ broader national expansion strategy.
Originally reported by PACS in Business Wire.
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