Jul. 2, 2014, 10:42 AM
- Diversicare Healthcare Services (DVCR -3.8%) ends its presence in West Virginia by disposing of three skilled nursing centers in the state. It sold the 90-bed Rose Terrace facility for $16.5M and entered into an operations transfer agreement with an affiliate of the Rose Terrace buyer regarding the other two locations.
- It assumes operations in three facilities in Missouri totaling 339 skilled nursing beds. The company expects the sites to contribute at least $17M in revenues per year and be promptly accretive.
May 11, 2012, 12:53 PM
Diversicare Healthcare Services, Inc. provides health care services. It provides services such as nursing, personal care and social services in long-term care centers and also offers a variety of comprehensive rehabilitation services as well as nutritional support services. The company was... More
Industry: Long-Term Care Facilities
Country: United States