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.
Lexington Groundbreaking Ceremony
Thank you to the Lexington Chamber of Commerce for joining us in our Groundbreaking Ceremony!
http://www.lexingtonsc.org/chamber-news/westminster-development-opening-new-senior-community-in-lexington
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“Westminster Memory Care of Lexington” Brings Unique All-Memory-Care-Community to Lexington, South Carolina
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.
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New Website Launched
NHC Announces 4.0% Increase in Common Dividend
MURFREESBORO, Tenn. — National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 52 cents per common share to shareholders of record on June 28, 2019 and payable on August 30, 2019. This represents a 4.0% increase over last quarter’s regular common dividend.
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NHC Reports First Quarter 2019 Earnings
National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded senior health care company, announced today net operating revenues for the quarter ended March 31, 2019 totaled $248,285,000 compared to $242,961,000 for the quarter ended March 31, 2018, an increase of 2.2%.
For the quarter ended March 31, 2019, the reported GAAP net income attributable to NHC was $21,269,000 compared to a GAAP net loss attributable to NHC of $2,791,000 for the first quarter of 2018. Excluding the unrealized gains and losses in our marketable equity securities portfolio and other non-GAAP adjustments, adjusted net income for the quarter ended March 31, 2019 was $16,951,000 compared to $16,362,000 for the first quarter of 2018, an increase of 3.6% (*). For the quarter ended March 31, 2019, the reported GAAP diluted earnings per share was $1.39 compared to a GAAP diluted loss per share of $0.18 for the first quarter of 2018. The adjusted diluted earnings per share was $1.11 for the quarter ended March 31, 2019, compared to $1.08 for the first quarter of 2018 (*).
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NHC Appoints Josh A. McCreary as General Counsel, SVP, and Secretary
MURFREESBORO, Tenn. – National HealthCare Corporation (NYSE American: NHC) announced today that Josh A. McCreary has been appointed as Senior Vice President, General Counsel and Secretary, effective April 15, 2019.
“We are excited to welcome Josh to NHC. His extensive private practice experience and knowledge in multiple areas of law make him an exceptional addition to our team,” said Steve Flatt, Chief Executive Officer. McCreary is currently a partner at Hudson, Reed & McCreary, PLLC where he has practiced since 1998. He regularly counsels and represents businesses, governments, and individuals in a wide variety of transactional, compliance, and litigation matters. He also serves as the County Attorney for Rutherford County, Tennessee, one of the fastest growing counties in the country. “I am honored and thankful to join NHC as General Counsel and as a member of its executive team,” McCreary said. “It is a humbling and extraordinary opportunity to join great people to carry out NHC’s commitment to being the nation’s leader in senior care.” McCreary received his J.D. from University of Tennessee, Knoxville and bachelor’s degree from Lipscomb University.
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NHC Reports 2018 Year End Earnings