MURFREESBORO, Tenn. – National HealthCare Corporation (NYSE American: NHC), announces that its Board of Directors, at a regularly scheduled meeting, has authorized a new stock repurchase program. The program will allow for repurchases of up to $25 million of its common stock. The new stock repurchase plan will begin September 1, 2019 and will expire on August 31, 2020. The stock repurchase plan replaces the stock repurchase plan previously approved by the Board of Directors on August 9, 2018. Repurchases may be made under the previous plan until August 31, 2019.
Thank you for joining us at our Open House in April. The Aiken Chamber of Commerce hosted our ribbon cutting. Thanks to Mayor Rick Osbon and Paul Bush for the special welcome. Guests enjoyed fantastic food and great music by the Mike Frost Band. We are thankful to celebrate that loved ones with memory impairment in our community now have the best resource: Westminster Memory Care.
Thank you to the Lexington Chamber of Commerce for joining us in our Groundbreaking Ceremony!
Are you looking for a career that provides daily satisfaction in helping others? NHC Dickson is now hiring dedicated partners to join our team. Please check for openings at https://nhcdickson.vikus.net/jobs
Lexington, S.C. – Westminster Development announces the groundbreaking of Westminster Memory Care of Lexington in Lexington, S.C. Construction of the 48-unit, luxury senior living community began this May, with scheduled completion in late Spring or early Summer 2020.
Every 65 seconds someone in the United States develops Alzheimer’s according to the Alzehimer’s Association. Westminster Memory Care of Lexington was designed specifically to serve seniors with memory loss through its specialized programming, allowing seniors to live as independently as possible in a safe and caring environment.
“We saw the need for memory care in the Lexington, South Carolina area, and we are thrilled to bring a memory care community different than any other assisted living or memory care community in the area,” said James “Skip” Deupree, Developer at Westminster Memory Care.
Westminster Memory Care of Lexington is designed specifically for the needs of seniors diagnosed with Alzheimer’s, dementia or memory loss. The community will consist of a two-pod neighborhood with their own dining and activity space to help foster the feeling of home. Along with bird aviaries, virtual aquariums, the community will have the latest technology and services, including lights programmed to the circadian rhythm and natural skylights. The residents will also be able to enjoy scenic walking trails and courtyards throughout the community.
Residents and families can confidently put their trust in Westminster Memory Care, which is managed by National HealthCare Corporation (NHC). NHC has been providing compassionate care to seniors since 1971. Founded by a physician, NHC provides Westminster Memory Care and its residents access to invaluable national expertise and resources.
“We are thrilled about our partnership with NHC, a top senior care company sharing our values and goals for both our employees and residents.” said Michael Anderson, Vice President of Westminster Memory Care. “Our memory care program, developed in partnership with NHC, enables people living with Alzheimer’s disease and memory loss to thrive and grow regardless of where they are on their journey. We are all very excited about serving the Lexington community and working together to positively impact our residents, our residents’ loved ones, and our employees.”
This new development is a $13.5 million investment, which in turn will bring more than 40 jobs to the local community. The community will be located at 886 Park Road in Lexington, S.C. For more information on Westminster Memory Care of Lexington, please call our Westminster Memory Care Aiken location at 803-502-5599 or visit www.westministermemorycarelexington.com.
Partners in this new project include Allen+Batchelor construction of Augusta, Ga. and AE Perspectives of Kennesaw, Ga.
ABOUT Westminster Development Co, LLC:
Based in Birmingham, Ala. and led by Skip Deupree, who has over 40 years of development experience, Westminster Development is proud to bring loving environments, where seniors living with Alzheimer’s and other dementia can feel safe and be their best to the mid-sized communities it enters. The Lexington community is the sixth project in the Westminster family and second in South Carolina with the projection of building eight additional memory care communities throughout South Carolina in the next four to five years. Additional information about the developer can be found at www.westminsterdevelopmentco.com.
Are you looking for a career that provides daily satisfaction in helping others? NHC Place at Cool Springs is now hiring dedicated partners to join our team. Please check for openings at https://nhcplace.vikus.net/jobs?page=2