secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL HEALTHCARE CORP (NHC)
CIK:        0001047335
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001437749-23-022076
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NHC Q2 2023 GAAP EPS $1.06 vs $0.21 YoY; adjusted EPS $0.89 vs $0.46
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- Net revenue and grant income $282.6M, up 4.1% YoY; same-facility revenue up 11.5%.
- GAAP net income attributable to NHC $16.3M ($1.06 diluted EPS) vs $3.2M ($0.21).
- Adjusted net income $13.7M ($0.89 EPS) vs $7.2M ($0.46), driven by occupancy gains and lower agency staffing costs.
- Skilled nursing per diem increases from government payors contributed to earnings improvement.
- No guidance changes were announced in the press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047335/000143774923022076/0001437749-23-022076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047335/000143774923022076/nhc20230801_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-022076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer