Diversicare Healthcare Services Inc.(DVCR)- NASDAQ
  • 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.
    | Jul. 2, 2014, 10:42 AM
  • May 11, 2012, 12:53 PM

    Advocat (AVCA +70.8%) soars after receiving a buyout offer by Covington Investments, a privately owned provider of long-term care services in Florida, Ohio and Tennessee, for $8.50 per share in cash.

    | May 11, 2012, 12:53 PM
Company Description
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
Sector: Healthcare
Industry: Long-Term Care Facilities
Country: United States