National Healthcare Corporation (NHC) is one of the leading providers of senior health care services. With more than 40 years of history and experience, NHC provides health care services to patients in a variety of settings including 68 skilled nursing centers with 8,803 beds in nine states, managed care specialty units, sub-acute care units, Alzheimer's care units, homecare programs, assisted living centers, hospices and independent living centers. The company also provides supporting services such as insurance, management and accounting.
The majority of the facilities are leased from National Healthcare Investors REIT (NHI), in which NHC owns a minority stake. Approximately 67% of net patient revenues are derived from Medicare, Medicaid, and other government programs....
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