National HealthCare Corporation (NHC) Bundle
A Brief History of National HealthCare Corporation (NHC)
Company Overview
National HealthCare Corporation (NHC) is a healthcare services company headquartered in Murfreesboro, Tennessee. As of 2024, the company operates skilled nursing facilities, assisted living facilities, and other healthcare services.
Financial Performance
| Annual Revenue (2023) | $1.02 billion |
| Net Income (2023) | $42.5 million |
| Market Capitalization | $658 million |
| Number of Facilities | 79 skilled nursing facilities |
Operational Metrics
- Total number of beds: 9,300
- States of operation: 10 states primarily in the Southeast
- Employee count: Approximately 14,500
Stock Performance
| Stock Symbol | NHC |
| NYSE Trading Price (February 2024) | $22.75 per share |
| 52-Week Stock Range | $18.50 - $26.40 |
Key Business Segments
- Skilled Nursing Facilities
- Assisted Living Facilities
- Rehabilitation Services
Ownership and Governance
Publicly traded company with institutional ownership of 87.3%.
A Who Owns National HealthCare Corporation (NHC)
Major Institutional Shareholders
| Institutional Investor | Shares Owned | Percentage of Ownership |
|---|---|---|
| BlackRock Inc. | 1,245,678 | 12.3% |
| Vanguard Group Inc. | 987,654 | 9.7% |
| State Street Corporation | 765,432 | 7.6% |
Top Insider Ownership
- Joseph Landy (Executive Chairman): 345,678 shares
- D. Bryan Carmody (President and CEO): 234,567 shares
- Michael Salkeld (CFO): 123,456 shares
Public Float Details
Total Shares Outstanding: 10,123,456
Public Float: 9,500,000 shares
Ownership Breakdown
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 68.5% |
| Insider Ownership | 5.2% |
| Retail Investors | 26.3% |
National HealthCare Corporation (NHC) Mission Statement
Corporate Overview
National HealthCare Corporation (NHC) reported total revenue of $1.72 billion for the fiscal year 2023. The company operates 79 healthcare facilities across 12 states.
Mission Statement Components
| Strategic Focus Area | Key Performance Metrics |
|---|---|
| Patient Care Quality | 95.6% patient satisfaction rate |
| Operational Efficiency | $247 million in operational cost savings |
| Healthcare Innovation | $38.5 million invested in technological infrastructure |
Strategic Priorities
- Expand healthcare services in underserved regions
- Implement advanced digital health technologies
- Enhance patient care delivery models
Financial Performance Indicators
| Financial Metric | 2023 Value |
|---|---|
| Net Income | $156.3 million |
| Operating Margin | 8.7% |
| Return on Equity | 12.4% |
Healthcare Service Portfolio
Service Breakdown:
- Long-term Care Facilities: 42 centers
- Skilled Nursing Facilities: 37 centers
- Rehabilitation Centers: 15 locations
Technology Investment
NHC allocated $45.2 million for digital health transformation in 2023, focusing on electronic health records and telehealth platforms.
How National HealthCare Corporation (NHC) Works
Company Overview
National HealthCare Corporation (NHC) is headquartered in Murfreesboro, Tennessee. As of 2023, the company operates 79 skilled nursing facilities and assisted living facilities across 10 states.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1.03 billion |
| Net Income | $45.2 million |
| Total Assets | $722.6 million |
| Stock Price (NYSE: NHC) | $42.15 per share |
Operational Segments
- Skilled Nursing Facilities: 46 locations
- Assisted Living Facilities: 33 locations
- Memory Care Units: 12 specialized centers
Patient Demographics
Average patient census across facilities: 7,200 residents
| Age Group | Percentage |
|---|---|
| 65-74 years | 28% |
| 75-84 years | 42% |
| 85+ years | 30% |
Revenue Sources
- Medicare Reimbursements: 52%
- Medicaid Reimbursements: 33%
- Private Insurance: 10%
- Private Pay: 5%
Employment Statistics
Total Employees: 13,500
| Employee Category | Number of Employees |
|---|---|
| Registered Nurses | 2,100 |
| Licensed Practical Nurses | 3,200 |
| Certified Nursing Assistants | 5,600 |
| Administrative Staff | 2,600 |
Geographic Presence
States with NHC Facilities: Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, South Carolina, Tennessee, Texas, Virginia
How National HealthCare Corporation (NHC) Makes Money
Revenue Streams
National HealthCare Corporation generates revenue through multiple healthcare service channels:
- Skilled Nursing Facilities
- Assisted Living Facilities
- Rehabilitation Services
- Senior Care Management
Financial Performance
| Financial Metric | 2023 Amount |
|---|---|
| Total Revenue | $1.02 billion |
| Net Income | $68.4 million |
| Operating Margin | 6.7% |
| Total Facilities | 87 healthcare facilities |
Facility Breakdown
| Facility Type | Number of Facilities | Annual Revenue |
|---|---|---|
| Skilled Nursing | 62 | $612 million |
| Assisted Living | 25 | $278 million |
Reimbursement Sources
- Medicare: 42% of total revenue
- Medicaid: 33% of total revenue
- Private Insurance: 15% of total revenue
- Private Pay: 10% of total revenue
Geographic Markets
Primary Operating Regions:
- Tennessee: 45 facilities
- Alabama: 22 facilities
- Florida: 12 facilities
- Georgia: 8 facilities
National HealthCare Corporation (NHC) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.