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, US
Websitedvcr.com
Employee Ratings2.4

Latest Updates

Employees (est.) (Feb 2020)4,900(-18%)
Job Openings464
Revenue (FY, 2019)$475 M(-15%)
Share Price (Oct 2020)$2
Cybersecurity ratingBMore

Key People/Management at Diversicare Healthcare Services

James McKnight

James McKnight

President & Chief Executive Officer
Kerry Massey

Kerry Massey

Executive Vice President & Chief Financial Officer
April Marbury

April Marbury

Senior Vice President & Chief Information Officer
Nick Lamkin

Nick Lamkin

Senior Vice President, Chief Legal & Risk Officer
Angie Mulder

Angie Mulder

Senior Vice President & Chief Compliance Officer
Matthew Weishaar

Matthew Weishaar

Senior Vice President of Finance & Controller
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Diversicare Healthcare Services Office Locations

Diversicare Healthcare Services has an office in Brentwood
Brentwood, US (HQ)
1621 Galleria Blvd
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Diversicare Healthcare Services Financials and Metrics

Diversicare Healthcare Services Revenue

Diversicare Healthcare Services's revenue was reported to be $475.02 m in FY, 2019
USD

Revenue (Q2, 2020)

118.2m

Gross profit (Q2, 2020)

22.5m

Gross profit margin (Q2, 2020), %

19%

Net income (Q2, 2020)

1.5m

EBIT (Q2, 2020)

2.8m

Market capitalization (16-Oct-2020)

13.3m

Closing stock price (16-Oct-2020)

2.0

Cash (30-Jun-2020)

29.1m

EV

352.3m
Diversicare Healthcare Services's current market capitalization is $13.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

314.7m563.5m475.0m

Revenue growth, %

1224%(89%)10%

Cost of goods sold

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

Gross profit

70.8m112.8m94.2m
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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

3.6m
USDQ2, 2011

Debt/Equity

1 x

Debt/Assets

0.2 x

Financial Leverage

4.4 x
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Diversicare Healthcare Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

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 Online and Social Media Presence

Embed Graph

Diversicare Healthcare Services News and Updates

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...

Diversicare Healthcare Services Blogs

Rebecca Bodie Named Chief Operating Officer of Diversicare

Brentwood, TN (February 20, 2020) — 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... The post Rebecca Bodie Named Chief Operating Officer of Diversicare appeared first on Diversic…

Diversicare Announces Resolution of DOJ Investigation

The post Diversicare Announces Resolution of DOJ Investigation appeared first on Diversicare.

Yorktown Nursing & Rehabilitation Center Welcomes the Return of Trista Winkenwerder, MHA, LNFA as Administrator

For more information, contact: Sherri Phillips, Regional Vice President   (903) 850-9380 Yorktown, Texas, Jan. 6, 2020 Yorktown Nursing & Rehabilitation Center recently appointed Trista Winkenwerder, MHA, LNFA as the... The post Yorktown Nursing & Rehabilitation Center Welcomes the Return of…

Diversicare Announces 2019 Third Quarter Results

The post Diversicare Announces 2019 Third Quarter Results appeared first on Diversicare.

Diversicare Wins Customer & Employee Approved Awards from NRC Health

BRENTWOOD, TN – (May 15, 2019) – Diversicare Healthcare Services, Inc. (NASDAQ: DVCR) has earned a 2019 Customer Approved Award and a 2019 Employee Approved Award from Lincoln, Nebraska–based healthcare-intelligence... The post Diversicare Wins Customer & Employee Approved Awards from NRC Health…

Leslie Cunningham Campbell Receives McKnight’s 2019 Women of Distinction Honor

For more information, contact: James R. McKnight, Jr., President & CEO (615) 771-7575 Leslie Cunningham Campbell Receives McKnight’s 2019 Women of Distinction Honor Brentwood, Tenn., March 21, 2019 Leslie Cunningham... The post Leslie Cunningham Campbell Receives McKnight’s 2019 Women of Distinc…
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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 James McKnight, Kerry Massey and April Marbury.

  • 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 m.

  • What is Diversicare Healthcare Services revenue per employee?

    Latest Diversicare Healthcare Services revenue per employee is $96.9 k.

  • Who are Diversicare Healthcare Services competitors?

    Competitors of Diversicare Healthcare Services include Select Medical, National HealthCare and Genesis Healthcare.

  • 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.