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Diversicare Healthcare Services

OverviewSuggest Edit

Diversicare Healthcare Services provides post-acute care services to skilled nursing center, patients, and residents primarily in the Southeast, Midwest, and Southwest United States. It offers skilled nursing health care services, including nutrition services, recreational therapy, social services, 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.
TypePublic
Founded1994
HQBrentwood, TN, USMap
Websitedvcr.com
Employee Ratings2.4More
Overall CultureDMore
View Jobs (435)

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Latest Updates

Employees (est.) (Feb 2020)4,900(-18%)
Job Openings435
Revenue (FY, 2020)$475.7 M
Share Price (Nov 2021)$10
Cybersecurity ratingAMore
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Key People/Management at Diversicare Healthcare Services

Ben R. Leedle

Ben R. Leedle

Director
James R. McKnight

James R. McKnight

Chief Executive Officer, President and Director
Chad A. McCurdy

Chad A. McCurdy

Chairman of the Board
Leslie K. Morgan

Leslie K. Morgan

Director
Rebecca B. Bodie

Rebecca B. Bodie

Chief Operating Officer and Executive Vice President
Kerry Massey

Kerry Massey

Executive Vice President & Chief Financial Officer
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Diversicare Healthcare Services Office Locations

Diversicare Healthcare Services has an office in Brentwood
Brentwood, TN, US (HQ)
1621 Galleria Blvd
Show all (1)

Diversicare Healthcare Services Financials and Metrics

Diversicare Healthcare Services Revenue

Diversicare Healthcare Services's revenue was reported to be $475.72 m in FY, 2020
USD

Revenue (Q1, 2021)

113.4m

Gross profit (Q1, 2021)

16.5m

Gross profit margin (Q1, 2021), %

14.6%

Net income (Q1, 2021)

1.9m

EBIT (Q1, 2021)

3.5m

Market capitalization (10-Nov-2021)

69.4m

Closing stock price (10-Nov-2021)

10.0

Cash (31-Mar-2021)

32.4m

EV

96.9m
Diversicare Healthcare Services's current market capitalization is $69.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

314.7m563.5m475.0m475.7m

Revenue growth, %

1224%(89%)10%

Cost of goods sold

243.9m242.6m228.3m275.6m311.0m342.9m458.1m450.7m380.9m389.2m

Gross profit

70.8m112.8m94.2m86.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

79.2m80.6m77.1m77.1m141.3m141.1m141.4m134.4m135.4m118.6m120.0m118.2m118.0m113.4m

Cost of goods sold

59.7m61.9m61.5m60.8m60.8m62.2m65.1m57.7m66.7m64.7m73.0m77.1m76.7m78.5m78.6m78.4m79.4m110.7m113.2m118.1m112.3m111.4m113.8m108.1m108.6m95.6m94.9m95.8m98.7m96.8m

Gross profit

19.4m18.8m15.6m16.3m29.0m29.6m27.6m26.2m26.7m23.0m25.1m22.5m19.3m16.5m

Gross profit Margin, %

25%23%20%21%21%21%20%20%20%19%21%19%16%15%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

6.7m5.9m3.8m3.8m4.6m4.3m3.5m2.7m2.7m30.8m

Accounts Receivable

26.3m29.1m35.1m41.3m43.8m1.2m64.9m66.3m60.5m53.7m

Prepaid Expenses

3.4m3.8m2.5m2.3m2.2m3.2m4.7m5.1m5.4m

Inventories

3.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

8.8m7.7m6.5m6.9m7.4m2.4m4.0m3.4m3.8m4.1m3.9m3.6m3.7m3.7m3.4m3.1m3.5m3.9m3.9m3.3m6.4m3.8m3.3m2.5m3.0m3.9m4.2m29.1m30.2m32.4m

Accounts Receivable

27.6m25.6m28.3m26.7m26.9m32.2m33.8m27.8m41.3m42.7m42.1m43.5m47.5m44.3m40.3m40.1m40.0m66.9m64.6m63.9m62.2m63.6m65.9m63.9m68.0m62.0m59.5m51.9m50.6m49.0m

Prepaid Expenses

5.3m5.0m3.0m3.0m6.0m3.2m3.2m2.8m2.1m1.9m2.3m2.7m2.6m2.4m2.5m2.9m3.9m3.1m3.0m3.2m3.7m3.7m3.8m4.5m3.9m4.3m3.9m4.5m3.6m4.3m

Current Assets

47.2m45.2m45.6m43.5m48.6m45.5m49.7m45.3m55.2m60.2m57.8m57.9m62.9m60.6m56.0m55.9m56.5m75.1m82.2m72.0m74.0m73.8m75.5m74.3m79.0m74.6m72.4m89.9m94.9m91.3m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.4m(3.0m)(8.5m)4.7m1.6m(1.8m)(4.8m)(7.4m)(36.1m)5.2m

Depreciation and Amortization

6.6m7.0m7.0m7.5m7.9m8.3m10.9m11.2m9.1m9.1m

Accounts Payable

1.6m(540.0k)6.7m4.8m1.0m10.2m1.6m6.0m(1.8m)(579.0k)

Cash From Operating Activities

10.0m3.6m(1.2m)3.0m3.3m(5.6m)12.1m5.7m5.3m46.8m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

3.4m2.5m(1.5m)(1.9m)(1.9m)(965.0k)(3.2m)(7.9m)(1.0m)81.0k4.2m(258.0k)250.0k681.0k(111.0k)(2.3m)(3.2m)1.3m1.7m1.1m(103.0k)(414.0k)(7.8m)(3.3m)(27.9m)(32.8m)(753.0k)699.0k3.5m1.9m

Depreciation and Amortization

3.1m4.8m1.8m3.6m5.3m1.8m3.6m5.0m1.9m3.4m5.3m1.9m3.7m5.6m2.0m4.1m6.1m2.5m5.1m8.1m2.9m5.7m8.7m2.5m5.5m6.8m2.3m4.6m6.7m2.3m

Accounts Payable

2.2m3.6m319.0k(222.0k)(714.0k)(392.0k)1.4m2.1m27.0k3.4m4.1m716.0k1.2m1.1m(1.4m)1.7m(226.0k)(1.5m)(2.6m)2.0m(86.0k)2.1m2.4m(3.3m)(2.3m)(3.5m)(2.0m)1.5m(518.0k)(1.5m)

Cash From Operating Activities

6.8m10.4m1.0m3.6m2.7m(1.5m)488.0k(357.0k)(4.6m)(2.7m)88.0k(1.2m)(3.3m)1.8m3.4m5.1m2.4m(856.0k)1.8m9.9m4.7m6.0m5.5m353.0k(791.0k)3.6m2.4m43.1m46.0m3.2m
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USDQ2, 2011

Debt/Equity

1 x

Debt/Assets

0.2 x

Financial Leverage

4.4 x
Show all financial metrics

Diversicare Healthcare Services Revenue Breakdown

Embed Graph

Diversicare Healthcare Services revenue breakdown by business segment: 50.6% from Medicaid, 6.8% from Managed Care, 15.1% from Private Pay and other and 27.5% from Medicare

Diversicare Healthcare Services Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

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Diversicare Healthcare Services Online and Social Media Presence

Diversicare Healthcare Services's Trends

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Diversicare Healthcare Services Company Culture

  • Overall Culture

    D

    58/100

  • CEO Rating

    D

    58/100

  • Compensation

    D-

    50/100

  • Diversity

    D

    52/100

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Diversicare Healthcare Services News and Updates

September 13, 2021

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Diversicare Healthcare Services, Inc. Buyout

WILMINGTON, Del., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Diversicare Healthcare Services, Inc. (“Diversicare”) (OTC: DVCR) regarding possible breaches of fiduciary duties and other violations of law related to Diversicare’s agreement to merge with…
August 28, 2021

SHAREHOLDER ALERT: WeissLaw LLP Investigates Diversicare Healthcare Services, Inc.

NEW YORK, Aug. 27, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Diversicare Healthcare Services, Inc. ("Diversicare" or the "Company") (OTC: DVCR) in connection with the proposed acquisition...
August 29, 2019

OTC Markets Group Welcomes Diversicare Healthcare Services Inc. to OTCQX

NEW YORK, Aug. 29, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Diversicare Healthcare Services Inc. (OTCQX: DVCR), a company which provides long-term care services to nursing center...
May 06, 2018

Diversicare Healthcare Services' (DVCR) CEO Kelly Gill on Q1 2018 Results - Earnings Call Transcript

Diversicare Healthcare Services Blogs

May 12, 2021

Diversicare Announces 2021 First Quarter Results

The post Diversicare Announces 2021 First Quarter Results appeared first on Diversicare.
March 15, 2021

Diversicare Announces 2020 Fourth Quarter Results

The post Diversicare Announces 2020 Fourth Quarter Results appeared first on Diversicare.
November 05, 2020

Diversicare Announces 2020 Third Quarter Results

The post Diversicare Announces 2020 Third Quarter Results appeared first on Diversicare.
August 26, 2020

Diversicare Announces 2020 Second Quarter Results

The post Diversicare Announces 2020 Second Quarter Results appeared first on Diversicare.
August 25, 2020

DIVERSICARE AWARDED THE NRC HEALTH CUSTOMER APPROVED AWARD AND EMPLOYEE APPROVED AWARD FOR THE SECOND CONSECUTIVE YEAR

BRENTWOOD, TN – (August 25, 2020) – Diversicare Healthcare Services, Inc. (OTCQX: DVCR) has earned a 2020 Customer Approved award and a 2020 Employee Approved award from NRC Health, a... The post DIVERSICARE AWARDED THE NRC HEALTH CUSTOMER APPROVED AWARD AND EMPLOYEE APPROVED AWARD FOR THE SECOND CO…
May 07, 2020

Diversicare Announces 2020 First Quarter Results

The post Diversicare Announces 2020 First Quarter Results appeared first on Diversicare.
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 Diversicare Healthcare Services Frequently Asked Questions

  • When was Diversicare Healthcare Services founded?

    Diversicare Healthcare Services was founded in 1994.

  • Who are Diversicare Healthcare Services key executives?

    Diversicare Healthcare Services's key executives are Ben R. Leedle, James R. McKnight and Chad A. McCurdy.

  • How many employees does Diversicare Healthcare Services have?

    Diversicare Healthcare Services has 4,900 employees.

  • What is Diversicare Healthcare Services revenue?

    Latest Diversicare Healthcare Services annual revenue is $475.7 m.

  • What is Diversicare Healthcare Services revenue per employee?

    Latest Diversicare Healthcare Services revenue per employee is $97.1 k.

  • Who are Diversicare Healthcare Services competitors?

    Competitors of Diversicare Healthcare Services include Select Medical, Genesis Healthcare and Mount St. Rita Health Centre.

  • Where is Diversicare Healthcare Services headquarters?

    Diversicare Healthcare Services headquarters is located at 1621 Galleria Blvd, Brentwood.

  • Where are Diversicare Healthcare Services offices?

    Diversicare Healthcare Services has an office in Brentwood.

  • How many offices does Diversicare Healthcare Services have?

    Diversicare Healthcare Services has 1 office.