Category: Nursing
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Nursing Home Operator PACS Sinks After Hindenburg Short Report
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(Bloomberg) — Shares of nursing home operator PACS Group Inc. fell. by 28% on Monday after Hindenburg Research released a short report alleging that the company was – among other things – “systematically defrauding taxpayers.” Most read from Bloomberg The decline halted volatility in the health care company’s stock, and…