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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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
NHC Announces Common Dividend
NHC Announces 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 50 cents per common share to shareholders of record on December 31, 2018 and payable on March 1, 2019.
NHC Reports Third Quarter 2018 Earnings
MURFREESBORO, Tenn. — 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 September 30, 2018 totaled $246,326,000 compared to $241,196,000 for the quarter ended September 30, 2017, an increase of 2.1%.
NHC Welcomes David A. Johnson As Vice President Of HomeCare
MURFREESBORO, Tenn. – National HealthCare Corporation (NYSE American: NHC) is pleased to announce and welcome David A. Johnson as Vice President of Homecare.
Mr. Johnson brings with him over 14 years of experience in healthcare that includes oversite of various post-acute operations. He comes to the company most recently from Texas Home Health where he served as Senior Vice President and General Manager.
NHC Announces $25 Million Stock Repurchase Program