Diversicare Awarded the NRC Health Customer Approved Award and Employee Approved Award for the Second Consecutive Year BRENTWOOD, Tenn., Aug. 25, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR) has earned a 2020 Customer Approved award and a 2020 Employee Approved award from NRC Health, a Lincoln, Nebraska–based healthcare-intelligence firm. Diversicare ranked 12th in customer approval and 7th in employee approval, out of the Top 20 independent living, assisted living or skilled nursing organizations recognized. This is the second consecutive year that Diversi...
Diversicare Announces 2020 Second Quarter Results BRENTWOOD, Tenn., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, today announced its results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights Net income from continuing operations was $1.8 million, or $0.28 per share, in the second quarter of 2020, compared to net loss from continuing operations of $(22.6) million, or $(3.49) per share, in the second quarter of 2019.EBITDA for the quarter was $5.5 million, which was $7.1 milli...
Diversicare to Announce Second Quarter 2020 Financial Results on Thursday, August 6, 2020 BRENTWOOD, Tenn., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX:DVCR) today announced that it is scheduled to report financial results for its second quarter ended June 30, 2020, on Thursday, August 6, 2020, after the market closes. Diversicare will also hold a conference call at 5:00 p.m. ET, 4:00 p.m. CT, on Thursday, August 6, 2020. During this call, company executives will be reviewing the second quarter of 2020 and providing specific information about the Company...
Summary Genesis Healthcare Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Genesis Healthcare Inc (Genesis) offers post-acute care services through skilled nursing facilities to elderly patients, senior living communities, third-party rehabilitation therapy bu...
Diversicare Announces 2020 First Quarter Results BRENTWOOD, Tenn., May 07, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, today announced its results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights Net loss from continuing operations was $0.5 million, or $0.08 per share, in the first quarter of 2020, compared to net loss from continuing operations of $1.6 million, or $0.24 per share, in the first quarter of 2019.EBITDA for the quarter was $3.1 million, which was $2.0 m...
Diversicare to Announce First Quarter 2020 Financial Results on Thursday, May 7, 2020 BRENTWOOD, Tenn., May 04, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX:DVCR) today announced that it is scheduled to report financial results for its first quarter ended March 31, 2020, on Thursday, May 7, 2020, after the market closes. Diversicare will also hold a conference call at 5:00 p.m. ET, 4:00 p.m. CT, on Thursday, May 7, 2020. During this call, company executives will be reviewing the first quarter of 2020 and providing specific information about the Company’s experienc...
Diversicare Announces 2019 Fourth Quarter Results BRENTWOOD, Tenn., March 05, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, today announced its results for the fourth quarter ended December 31, 2019. Fourth Quarter 2019 Highlights Net loss from continuing operations was $1.4 million in the fourth quarter of 2019, compared to a net loss from continuing operations of $2.7 million in the fourth quarter of 2018.EBITDA for the quarter was $2.7 million, which was $2.2 million higher than the fourth quarter of 2018 ...
Diversicare to Announce Fourth Quarter 2019 Financial Results on Thursday, March 5, 2020 BRENTWOOD, Tenn., March 02, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX:DVCR) today announced that it is scheduled to report financial results for its fourth quarter ended December 31, 2019, on Thursday, March 5, 2020, after the market closes. Diversicare will also hold a conference call at 5:00 p.m. ET, 4:00 p.m. CT, on Thursday, March 5, 2020. To participate in the Company's conference call, dial 877-340-2552 (domestic) or 253-237-1159 (International), Conference ID 48...
Rebecca Bodie Named Chief Operating Officer of Diversicare BRENTWOOD, Tenn., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, announced today that Ms. Rebecca Bodie will be joining the Company in March 2020 as Executive Vice President and Chief Operating Officer, taking over the position from former Chief Operating Officer, Ms. Leslie Campbell, who resigned effective March 31, 2020. Commenting on the announcement, Jay McKnight, President and Chief Executive Officer, said, “I am extremely pleased that Bec...
Diversicare Announces Resolution of DOJ Investigation BRENTWOOD, Tenn., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, announced today that it has resolved the investigation by the U.S. Department of Justice and the State of Tennessee. The investigation originated from a false claims action filed under seal in July 2012 relating to therapy services provided prior to that date, which is also before the current leadership team joined Diversicare. The final settlement resolved allegations related to the ...
51 Diversicare Centers Receive AHCA/NCAL 2020 Quality Initiative Recognition Program Award BRENTWOOD, Tenn., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, today announced that the American Health Care Association (AHCA) and National Center for Assisted Living (NCAL) recognized 51 Diversicare centers for their achievements in the quality of care they provide. AHCA/NCAL recognized long term-care providers for their work in achieving the goals of the AHCA/NCAL Quality Initiative Recognition Program. To...
Diversicare Announces 2019 Third Quarter Results BRENTWOOD, Tenn., Oct. 31, 2019 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR), a premier provider of long-term care services, today announced its results for the third quarter ended September 30, 2019. Third Quarter 2019 Highlights Net loss from continuing operations was $1.9 million, or $0.30 per share, in the third quarter of 2019, compared to net loss from continuing operations of $7.5 million, or $1.17 per share, in the third quarter of 2018. The Company completed its exit from the State of Kentucky effectiv...
Diversicare to Announce Third Quarter 2019 Financial Results on Thursday, October 31, 2019 BRENTWOOD, Tenn., Oct. 25, 2019 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR) today announced that it is scheduled to report financial results for its third quarter ended September 30, 2019, on Thursday, October 31, 2019, after the market closes. Diversicare will also hold a conference call at 5:00 p.m. ET, 4:00 p.m. CT, on Thursday, October 31, 2019. To participate in the Company's conference call, dial 877-340-2552 (domestic) or 253-237-1159 (International), Conferen...
Diversicare Completes Transaction to Exit the State of Kentucky BRENTWOOD, Tenn., Sept. 04, 2019 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (OTCQX: DVCR) today announced that effective August 30, 2019 it completed the transaction to transfer the operations of ten skilled nursing centers in Kentucky. The Company has finalized an agreement with Omega Healthcare Investors, Inc. (NYSE: OHI) to amend its master lease to terminate operations of ten nursing facilities located in Kentucky, totaling approximately 885 skilled nursing beds, and to concurrently transfer operations to ...
Diversicare's Common Stock Will be Traded on the OTCQX Following the Delisting From NASDAQ BRENTWOOD, Tenn., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (NASDAQ: DVCR) was notified by The Nasdaq Stock Market LLC ("Nasdaq") that the Nasdaq Hearings Panel denied the Company’s recent appeal and determined to delist the Company’s common stock from the Nasdaq Stock Market. The decision to delist the Company's common stock was reached pursuant to the Nasdaq Listing Rule 5550(b)(2), which states that the Company's Market Value of Listed Securities ("MVLS") no longer ...
Diversicare Announces 2019 Second Quarter Results BRENTWOOD, Tenn., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Diversicare Healthcare Services, Inc. (NASDAQ: DVCR), a premier provider of long-term care services, today announced its results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights In the second quarter, the Company and the Department of Justice ("DOJ") reached an agreement in principle to settle its ongoing investigation. As a result of this agreement, the Company increased its litigation contingency accrual by $3.1 million to a total of $9.5 million. The Company...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.