4.7.2.3Vertical

PACE Programs

Program of All-Inclusive Care for the Elderly community-based providers.

Market snapshot

These figures describe Adult Day Services (4.7.2), the segment that PACE Programs sits within. They are not figures for PACE Programs on its own.

FragmentationFragmentedEstimate

Adult day and PACE have no discrete Census NAICS code under senior living; they sit within individual/family services (624120) and ambulatory care, so the segment is not separately sized here.

Business model & economics

Revenue model

Medicaid, PACE capitation, and private-pay day-service fees

Key economics

Recurring revenue
High

recurring daily attendance and capitation

EBITDA margin
Capitation- and rate-dependent
Capex intensity
Moderate

Characteristics

  • Community-based alternative to institutional care.
  • PACE growing as a capitated, integrated model.
  • Keeps seniors in the community at lower cost.

M&A deal context

Deal activityModerate

Who’s acquiring

  • PACE operators
  • Value-based senior-care platforms
  • PE- and payer-backed investors

What’s driving deals

  • PACE expansion with policy and investor support.
  • Push to keep seniors in the community.
  • Aging-population and value-based demand.

Find PACE Programs acquisition targets

Search Acquisera’s index for companies classified under PACE Programs (4.7.2.3) and build a targeted deal pipeline.

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