National HealthCare Corporation

Health System with 2 hospitals across 1 state

Health System Overview

Health SystemNational HealthCare Corporation
Total Hospitals2
Commercial/Acute Hospitals0
Total Beds34
Commercial/Acute Beds0
HeadquartersMaryland Heights, MO
Websitenhccare.com

Hospitals by Type

Psychiatric
2 hospitals
100% of health system

Teaching Status

0%
Teaching
Teaching Hospitals:
Non-Teaching Hospitals: 2
Teaching hospitals serve as educational institutions for medical professionals while providing patient care.

Hospital Locations

Hospitals in this Health System

HospitalTypeBedsTeachingRecently Joined
Osage Beach Center for Behavioral HealthPsychiatric14NoNo
Maryland Heights Center for Behavioral HealthPsychiatric20NoYes

Recent News

Jun 13, 2025
A docket text order was issued on Thursday, June 12, 2025, in the case of Morrison v. NHC Healthcare - Maryland Heights LLC et al in the Missouri Eastern District Court. The order, signed by District Judge Henry Edward Autrey, granted a motion for leave to designate a non-court certified neutral by Defendant NHC Healthcare - Maryland Heights LLC. This update is part of the ongoing litigation in this court.
May 09, 2025
National HealthCare Corporation (NHC) reported significant increases in its first quarter 2025 financial results. The company announced net operating revenues of $373.7 million for the quarter ending March 31, 2025, a substantial 25.7% rise compared to $297.2 million in the same period of 2024. This growth was primarily fueled by an 8.5% increase in same-facility net operating revenues and the strategic acquisition of White Oak Management, Inc. in August 2024. The reported GAAP net income attributable to NHC for Q1 2025 was $32.2 million, up from $26.2 million in Q1 2024. Furthermore, adjusted net income saw a notable increase of 61.4%, reaching $24.8 million compared to $15.4 million in the prior year's first quarter. Diluted earnings per share also improved, with GAAP diluted EPS at $2.07 for Q1 2025 versus $1.69 for Q1 2024, and adjusted diluted EPS at $1.59 compared to $0.99.
May 08, 2025
National HealthCare Corporation (NHC), the nation's oldest publicly traded long-term health care company, announced a 4.9% increase in its quarterly common dividend. The company will pay a dividend of 64 cents per common share to shareholders of record on June 30, 2025, which will be payable on August 1, 2025. This represents an increase of 3 cents per share over the dividend paid in the previous quarter, which was 61 cents per share. The announcement was made on May 8, 2025, and signifies NHC's continued commitment to providing value to its shareholders.
May 08, 2025
National HealthCare Corporation announced the retirement of W. Andrew "Andy" Adams from its Board of Directors, effective following the annual meeting of shareholders on May 8, 2025. Andy Adams, son of NHC founder Dr. Carl Adams, had a long and impactful career with the company, joining as an Executive Officer in 1972 and previously serving as President from 1974 to 2004 and CEO from 1981 to 2004. His tenure on the Board began in 1974, and he also served as Chairman from 1994 to 2008. Adams played a significant role in NHC's growth, with the company's revenue and market capitalization increasing substantially during his leadership.
May 01, 2025
The United States filed a False Claims Act complaint against three large health insurance companies (Aetna, Elevance Health, and Humana) and three insurance broker organizations. The complaint alleges that from 2016 through at least 2021, the insurers paid illegal kickbacks to brokers for enrolling beneficiaries in Medicare Advantage plans and that some insurers conspired with brokers to discriminate against disabled Medicare beneficiaries. This significant legal action targets major players in the health insurance and brokerage industries concerning Medicare Advantage, a key payer source for healthcare providers like NHC. While NHC is not named as a defendant, this lawsuit highlights issues within the Medicare Advantage system that could potentially impact providers.

Executive Leadership

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