Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 24, 2015 12:01 AM ET

Healthcare Providers and Services

Company Overview of Diversicare Healthcare Services Inc.

Company Overview

Diversicare Healthcare Services, Inc., together with its subsidiaries, provides long-term care services to nursing center patients and residents primarily in the Southwest and Southeast. The company offers skilled nursing health care services, which include nutrition services, recreational therapy, social services, housekeeping, and laundry services; rehabilitation therapy services, such as audiology, speech, occupational, and physical therapies; and medical supplies, nutritional support, infusion therapies, and related clinical services. As of December 31, 2014, it operated 52 nursing centers with 5,825 licensed nursing beds. The company was formerly known as Advocat Inc. and changed its na...

1621 Galleria Boulevard

Brentwood, TN 37027

United States

Founded in 1994

4,200 Employees





Key Executives for Diversicare Healthcare Services Inc.

Chief Executive Officer, President and Director
Age: 59
Total Annual Compensation: $450.0K
Chief Financial Officer, Executive Vice President and Secretary
Age: 39
Total Annual Compensation: $275.0K
Chief Operating Officer and Executive Vice President
Age: 46
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

Diversicare Healthcare Services Inc. Key Developments

Diversicare Healthcare Services Announces Quarterly Dividend, Payable on July 14, 2015

Diversicare Healthcare Services Inc. announced that on May 6, 2015, the Board of Directors declared a quarterly dividend of $0.055 per common share payable to shareholders of record as of June 30, 2015, to be paid on July 14, 2015.

Diversicare Healthcare Services Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Diversicare Healthcare Services Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported patient revenues, net of $ 95,225,000 against $77,799,000 a year ago. Operating income was $850,000 against $98,000 a year ago. Income from continuing operations before income taxes was $8,000 against loss of $797,000 a year ago. Net income from continuing operations was $5,000 or $0.05 per basic and diluted share against loss of $433,000 or $0.05 per basic and diluted share a year ago. Net loss attributable to the company’s common shareholders was $258,000 or $0.04 per basic and diluted share against $1,020,000 or $0.19 per basic and diluted share a year ago. EBITDA was increased to $2,837,000 compared to $1,830,000 in 2014. Adjusted EBITDA was $2,647,000 against $1,940,000 a year ago. Adjusted net income attributable to the company’s common shareholders was $109,000 or $0.02 per basic and diluted share against loss of $422,000 or $0.07 per basic and diluted share a year ago. Funds provided by operations were $3,937,000 or $0.65 per basic and diluted share against $ 2,672,000 or $0.45 per basic and diluted share a year ago.

Diversicare Healthcare Services Seeks Acquisitions

Diversicare Healthcare Services Inc. (NasdaqCM:DVCR) seek to grow the company through selective acquisitions. Kelly Gill, Diversicare's Chief Executive Officer stated, "We look forward to sustaining the momentum we have built over the last couple of years. We are pleased to have recently closed two new acquisitions already for the year and we believe we are positioned to continue the growth and evolution of the business."

Similar Private Companies By Industry

Company Name Region
Brazosport Regional Health System United States
Salinas Valley Memorial Health Care System, Inc. United States
Payson Hospital Corporation United States
National Medical Solutions, Inc. United States
Donald Martens and Sons Ambulance Service, Inc. United States

Recent Private Companies Transactions

February 2, 2015
Barren County Health Care Center, Inc.
October 1, 2014
62 Bed Skilled Nursing Center in Greenville, Kentucky
August 4, 2014
Operations at Two Facilities in Ohio

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Diversicare Healthcare Services Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at