Background and Company Information
- National Healthcare Corporation (NHC) offers hospice services under Caris Healthcare.
- NHC collaborated with Caris Healthcare to deliver hospice services to over 1,000 patients in 28 locations daily.
- In 2013, NHC completed the acquisition of six skilled health care centers from National Health Investors, Inc.
- NHC has a market capitalization of $951.93 million and an enterprise value of $1.03 billion.
Operations
- NHC operates skilled nursing facilities that provide various services.
- They have specialized care units for individuals with Alzheimer's or related disorders.
- NHC offers behavioral health services for psychiatric, emotional, and addictive disorders.
- They also have homecare and hospice agencies that offer medical assistance and palliative care.
Financial Information
- In October 2013, NHC renewed a $75 million line of credit with Bank of America.
- NHC has a stock quote and key statistics available on Yahoo! Finance, Marketwatch.com, and Reuters.com.
News and Announcements
- NHC announced the renewal of their $75 million credit line in October 2013.
References
- The references used for this content were retrieved on March 3, 2014, and December 18, 2017.
National HealthCare Corporation is an American healthcare services provider. The company was founded in 1971 and is based in Murfreesboro, Tennessee. The services of the company include long-term diverse nursing and rehabilitative care to healthcare centers, facilities and hospitals in 11 states primarily in the southeastern United States. As of December, 2011, the number of the health care centers that are operated by the company reached 75 with a total of 9,456 licensed beds. As of December 2013, the company owns and operates 69 nursing facilities, 15 assisted living centers, 5 living centers with 38 homecare programs.
| Type | Public |
|---|---|
| AMEX: NHC Russell 2000 Component S&P 600 Component | |
| Industry | Healthcare |
| Founded | 1971 |
| Headquarters | Murfreesboro, Tennessee, |
| Revenue | $958.69 million (As of 2017[update]) |
| Website | www |
