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CurrencyCode | USD |
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Industry | Medical Care Facilities |
ISIN | US2551041013 |
Sector | Healthcare |
Exchange | NASDAQ |
Target Price | 6 |
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Beta | 0.84 |
Market Cap | 70M |
Dividend Yield | 1.7% |
PE Ratio | 28.34 |
Diversicare Healthcare Services, Inc. provides post-acute care services to skilled nursing centers, patients, and residents primarily in the Southeast, Midwest, and Southwest United States. The company offers skilled nursing health care services, including nutrition, recreational therapy, social, housekeeping, and laundry services; the delivery of ancillary medical services at the nursing centers; 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, 2020, it operated 61 nursing centers with 7,250 licensed nursing beds. The company was formerly known as Advocat Inc. and changed its name to Diversicare Healthcare Services, Inc. in March 2013. Diversicare Healthcare Services, Inc. was incorporated in 1994 and is based in Brentwood, Tennessee. As of November 19, 2021, Diversicare Healthcare Services, Inc. operates as a subsidiary of DAC Acquisition LLC.
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