Latest Diversicare Healthcare Services Inc (DVCR)
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Diversicare Announces 2013 Fourth Quarter Results
GlobeNewswire - Fri Mar 07, 2:59AM CST
Diversicare Healthcare Services, Inc. (Nasdaq VCR), a premier provider of long-term care services primarily in the Southeast and Southwest, today announced its results for the fourth quarter ended December 31, 2013. The Company's revenue grew to $81.4 million, an increase of 28.2% year-over-year.
Diversicare Announces the Acquisition of Operations of a Skilled Nursing Facility in Huntsville, Alabama
GlobeNewswire - Mon Mar 03, 6:00AM CST
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced the Company has assumed operations of a 135-bed skilled nursing center in Huntsville, Alabama, effective March 1, 2014. The facility will be rebranded as Diversicare of Big Springs. This newly leased facility is expected to contribute in excess of $10 million in revenues annually.
Diversicare to Announce Fourth Quarter 2013 Financial Results on Thursday, March 6, 2014
GlobeNewswire - Mon Feb 24, 3:01PM CST
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced that it is scheduled to report financial results for its fourth quarter ended December 31, 2013, on Thursday, March 6, 2014, after the market closes. Diversicare will also hold a conference call at 8:00 a.m. ET, 7:00 a.m. CT, on Friday, March 7, 2014.
Diversicare Announces 2013 Third Quarter Results
GlobeNewswire - Thu Nov 07, 5:00PM CST
Diversicare Healthcare Services, Inc. (Nasdaq VCR), a premier provider of long-term care services primarily in the Southeast and Southwest, today announced its results for the third quarter ended September 30, 2013. The Company's revenue grew to $70.4 million, an increase of 13.8% year-over-year.
Diversicare to Announce Third Quarter 2013 Financial Results on Thursday, November 7, 2013
GlobeNewswire - Mon Oct 28, 6:00AM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced that it is scheduled to report financial results for its third quarter ended September 30, 2013, on Thursday, November 7, 2013, after the market closes. Diversicare will also hold a conference call at 8:00 a.m. ET, 7:00 a.m. CT, on Friday, November 8, 2013.
Diversicare Completes Disposition of Arkansas Portfolio
GlobeNewswire - Tue Sep 03, 6:00AM CDT
Diversicare Healthcare Services Inc. (Nasdaq VCR), a premier provider of long-term care services primarily in the Southeast and Southwest, today announced the completion of its previously disclosed disposition of eleven skilled nursing centers in Arkansas effective September 1, 2013. The transaction was completed through the amendment of its existing Master Lease with Omega Healthcare Investors, Inc. (NYSE:OHI).
OTC Daily Alert Stock Watch - Diversicare Healthcare Services Inc., (NASDAQ VCR)
WorldStockWire - Sat Aug 17, 8:15PM CDT
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Diversicare Announces Quarterly Common Share Dividend
GlobeNewswire - Mon Aug 12, 3:30PM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR) announced today that the Board of Directors approved a quarterly dividend of 5.5 cents per common share on August 9, 2013. The dividend was declared for shareholders of record on September 30, 2013, and payable on October 14, 2013.
Diversicare Announces 2013 Second Quarter Results
GlobeNewswire - Thu Aug 08, 3:50PM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR), a premier provider of long-term care services primarily in the Southeast and Southwest, today announced its results for the second quarter ended June 30, 2013. The Company's revenue grew for the fifth sequential quarter to $82.7 million, an increase of 9.1% year-over-year. Operating expenses remained stable as a percentage of revenue, in spite of downward revenue pressure as a result of sequestration going into effect for the first time during the quarter.
Aviv REIT Announces Closing of $9.3 Million Acquisition
PR Newswire - Fri Aug 02, 7:30AM CDT
Aviv REIT, Inc. ("Aviv" or the "Company") (NYSE: AVIV) announced today it has acquired a post-acute and long-term care skilled nursing facility ("SNF") in Kentucky for $9.3 million. The property is triple-net leased to existing Aviv tenant Diversicare Healthcare Services ("Diversicare"). Diversicare is an operator of SNFs with 54 facilities in 9 states. The triple-net lease has an initial cash yield of 10.25%, initial lease term of 15 years and an annual compounded escalator based on CPI.
Diversicare to Announce Second Quarter 2013 Financial Results on Thursday, August 8, 2013
GlobeNewswire - Fri Aug 02, 7:00AM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced that it is scheduled to report financial results for its second quarter ended June 30, 2013, on Thursday, August 8, 2013, after the market closes. Diversicare will also hold a conference call at 8:00 a.m. ET, 7:00 a.m. CT, on Friday, August 9, 2013.
Diversicare Announces the Planned Acquisition of Operations of Five New Facilities and Agreement to Terminate Lease for Arkansas Operations
GlobeNewswire - Thu Aug 01, 3:05PM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced multiple pending transactions as part of its portfolio management strategy.
Diversicare Announces 2013 First Quarter Results
GlobeNewswire - Thu May 09, 3:30PM CDT
Diversicare Healthcare Services Inc. (Nasdaq VCR), a premier provider of long- term care services primarily in the Southeast and Southwest, today announced its results for the first quarter ended March 31, 2013. The Company's revenue grew for the fourth sequential quarter to $79.3 million. Facility-level operating income improved to $17.2 million, or 21.7% of revenue, from $15.3 million, or 20.2% of revenue, in the first quarter of 2012.
Diversicare Completes Acquisition of Kansas Portfolio
GlobeNewswire - Wed May 01, 6:05AM CDT
Diversicare Healthcare Services Inc. (Nasdaq VCR), a premier provider of long-term care services primarily in the Southeast and Southwest, today announced the completion of its previously disclosed purchase of five skilled nursing centers in Kansas for $15.5 million. The nursing centers have annual revenues of approximately $24 million, and their purchase is expected to be accretive to earnings early in the Company's tenure as operator. The acquisition was financed in conjunction with a renewal and expansion of the Company's credit facility with a syndicate led by The PrivateBank.
Diversicare to Announce First Quarter 2013 Financial Results on Thursday, May 9, 2013
GlobeNewswire - Mon Apr 29, 3:02PM CDT
Diversicare Healthcare Services, Inc. (Nasdaq VCR) today announced that it is scheduled to report financial results for its first quarter ended March 31, 2013, on Thursday, May 9, 2013, after the market closes. Diversicare will also hold a conference call at 9:00 a.m. ET, 8:00 a.m. CT, on Friday, May 10, 2013.