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PACS Services

Post-acute care facility operator and investor

Regional Manager - Property and Casualty Risk

Full-TimeUpdated on 10/23/2026Deadline 10/30/26
No salary listed
Expert
United States
In PersonRegional role covering an assigned portfolio of communities; travel may be needed.
Facilities OperationsEnvironmental Health & Safety

About the job

Requirements
  • Ability to assess property risks, physical conditions, building systems, and fire and life-safety programs across assigned communities.
  • Ability to establish risk-ranking criteria and develop corrective-action plans.
  • Knowledge of vehicle inspections, preventative maintenance, driver qualification, and safe-driving expectations.
  • Ability to review incidents, identify contributing factors and trends, and establish corrective actions.
  • Ability to partner with community leadership, Maintenance Directors, Operations, Safety, Risk Management, Human Resources, insurance partners, and regulatory stakeholders.
Responsibilities
  • Provide regional leadership and oversight for facility operations, focusing on protecting company assets, reducing property and casualty exposures, improving life-safety performance, and preventing losses across an assigned portfolio of communities.
  • Serve as the regional subject-matter leader for property risk, casualty prevention, fire and life safety, emergency preparedness, fleet and driver risk, regulatory compliance, preventative maintenance, and physical plant conditions.
  • Partner with community leadership, Maintenance Directors, Operations, Safety, Risk Management, Human Resources, and insurance partners to identify hazards, implement corrective actions, investigate significant incidents, and establish sustainable programs that reduce injuries, property damage, business interruption, and insurance claims.
  • Conduct comprehensive property risk assessments across assigned communities.
  • Identify physical conditions that could result in property damage, injury, regulatory citations, business interruption, or insurance losses.
  • Establish risk-ranking criteria for identified deficiencies based on severity, likelihood, regulatory exposure, and potential financial impact.
  • Monitor building conditions, including roofs, exterior envelope, plumbing, electrical systems, heating, ventilation, and air conditioning, fire protection systems, generators, elevators, and other critical infrastructure.
  • Develop corrective-action plans and track deficiencies through completion.
  • Review recurring property losses and identify opportunities for engineering or operational controls.
  • Support property insurance inspections, recommendations, and loss-control surveys.
  • Develop standards designed to reduce water damage, fire, freeze, electrical, equipment failure, and weather-related losses.
  • Provide regional oversight of fire and life-safety programs, including fire alarm systems, automatic sprinkler systems, fire pumps and standpipes, fire extinguishers, fire and smoke doors, fire/smoke dampers, emergency and exit lighting, commercial kitchen suppression systems, carbon monoxide detection, means of egress, fire-rated construction and penetrations, emergency generators and backup power, and required inspection, testing, and maintenance documentation.
  • Review fire and life-safety inspection reports, identify deficiencies, establish corrective-action expectations, and verify timely completion.
  • Partner with communities to maintain readiness for Fire Marshal, licensing, insurance, and other regulatory inspections.
  • Support the company's fleet and driver safety program.
  • Monitor vehicle inspection and preventative maintenance requirements.
  • Review vehicle accidents and identify contributing factors and corrective actions.
  • Partner with Operations, Human Resources, and Risk Management regarding driver qualification and safe-driving expectations.
  • Identify trends involving backing accidents, parking lot incidents, distracted driving, vehicle damage, and preventable collisions.
  • Develop regional initiatives to reduce auto liability and physical damage losses.

About the company

PACS Group is a holding company that runs a national platform of post-acute care facilities. It acquires, owns, and manages skilled nursing facilities, assisted living centers, and other long-term care sites, then provides healthcare services to patients after hospital stays. Revenue comes from services provided at these facilities and is paid by Medicare, Medicaid, private insurance, and patient payments. The company’s performance depends on occupancy, reimbursement rates, and how efficiently the facilities are run. Compared with competitors, PACS stands out as a large, publicly traded operator with a broad national footprint focused on growing its post-acute care platform through acquisitions and operational improvements. Its goal is to expand access to post-acute care and create value by owning and optimizing a network of care facilities that serve elderly and chronically ill patients.

Company Size

11-50

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2015

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Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $1.43 billion, up 9.1%, with net income up 49.8%.
  • Management raised 2026 Adjusted EBITDA guidance to $640 million-$660 million on August 4, 2026.
  • Board authorized $250 million buybacks on May 7, 2026, signaling cash generation.

What critics are saying

  • DOJ and SEC probes remain open, including Medicare claims, referrals, and accounting controls.
  • Manchin v. PACS and derivative actions target 2024 disclosures; dismissal motions remain pending.
  • A DOJ billing conviction threatens PACS's Medicare-dependent model before 2027 closings.

What makes PACS Services unique

  • Locally led, centrally supported operations standardize quality while preserving market-level clinical execution.
  • Durable scale across 324 communities in 17 states creates acquisition density and referral leverage.
  • 2026 acquisitions in Alaska, Idaho, Texas, and Montana broaden PACS's western footprint.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Paid Vacation
  • Unlimited Paid Time Off
  • Health Savings Account/Flexible Spending Account
  • Employee Assistance Plan

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
May 13th, 2026
PACS Group beats Q1 estimates with $0.50 EPS and $1.42B revenue despite 12.5% year-to-date stock decline

PACS Group reported quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.42 per share by 19%. This compares to earnings of $0.17 per share a year ago. The medical services company posted revenues of $1.42 billion for the quarter ended March 2026, surpassing estimates by 5%. Year-ago revenues were $1.28 billion. The company has topped consensus revenue estimates three times over the past four quarters. Despite the strong results, PACS shares have declined 12.5% year-to-date, underperforming the S&P 500's 8.1% gain. The company currently holds a Zacks Rank of Buy, suggesting shares may outperform the market near-term. Current consensus estimates project earnings of $0.54 per share on revenues of $1.41 billion for the coming quarter.

Business Wire
May 1st, 2026
PACS Group acquires Alaska care facility, plans 150-bed skilled nursing centre by 2028

PACS Group has acquired Ridgeway Senior Living, a post-acute care facility in Anchorage, Alaska, marking its fourth property in the state. The company has also purchased adjacent land to construct a 150-bed skilled nursing facility, expected to be completed by 2028. The expansion brings PACS' portfolio to 325 communities across 17 states, with nearly 36,000 beds. Chief executive Jason Murray said the new campus will provide a full continuum of care and become a valuable community asset. Founded in 2013, PACS Group is one of the largest post-acute platforms in the United States, serving over 31,000 patients daily. The company provides technology and administrative support services to reduce operational burdens on healthcare facilities.

Associated Press
Apr 27th, 2026
PACS Group appoints Carey Hendrickson as chief financial officer

PACS Group has appointed Carey P. Hendrickson as chief financial officer, effective 27 April 2026. Hendrickson brings nearly four decades of financial leadership across healthcare, senior living and media sectors. Most recently, Hendrickson served as CFO of U.S. Physical Therapy, overseeing 779 outpatient clinics across 44 states. He previously held CFO roles at Capital Senior Living Corporation, managing 128 communities across 23 states, and Belo Corp. He succeeds Mark Hancock, PACS's co-founder and executive vice chairman, who will retire by 30 June 2026 whilst remaining on the board as vice chairman. PACS operates over 320 post-acute care and senior living facilities across 17 states, serving more than 31,700 patients daily.

Business Wire
Apr 27th, 2026
PACS Group co-founder and CFO Mark Hancock to retire after growing company from 2 facilities to $5.29B revenue

PACS Group has announced that co-founder and chief financial officer Mark Hancock will retire on 30 June 2026. He will continue serving on the company's board of directors as vice chairman. Hancock co-founded PACS in 2013 with Jason Murray, starting with two post-acute care facilities in San Diego. Under his leadership, the company expanded to 323 facilities across 17 states, serving over 31,700 patients daily and generating $5.29 billion in revenue in 2025, representing 29.3% year-on-year growth. Hancock guided PACS through its successful initial public offering on the New York Stock Exchange in April 2024 and served as interim CFO from September 2025. He will be succeeded by Carey P. Hendrickson, who was appointed CFO on 27 April 2026.

Yahoo Finance
Mar 5th, 2026
PACS Group appoints Optum CEO Dr Patrick Conway, former CMS deputy administrator, to board

PACS Group, a leading post-acute healthcare platform, has appointed Dr Patrick Conway to its board of directors. Dr Conway currently serves as CEO of Optum, UnitedHealth Group's health services division with revenues exceeding $200 billion. From 2011 to 2017, Dr Conway served as deputy administrator for innovation and quality at the Centers for Medicare and Medicaid Services, where he also held roles as director of the Center for Medicare and Medicaid Innovation and chief medical officer. During his tenure, he led the transformation of Medicare payment policy, increasing payments in alternative payment models from virtually zero to over 30% of total Medicare payments. Jason Murray, chairman and CEO of PACS Group, described the appointment as transformative for the post-acute and skilled nursing sector.