---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030139"
form_type: "8-K"
ticker: "NHC"
cik: "0001047335"
company_name: "NATIONAL HEALTHCARE CORP"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T21:52:14.770747+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NHC reports Q3 2023 GAAP net income $10.4M vs loss $2.4M a year ago; adjusted EPS $0.86

## Summary
- Net operating revenues + grant income $288.5M, up 6.5% YoY; same-facility revenues up 11.8% excluding ceased operations.
- GAAP diluted EPS $0.68 vs $(0.16); adjusted diluted EPS $0.86 vs $0.50.
- Occupancy gains in skilled nursing and assisted living, government payor per diem increases, and reduced agency staffing costs drove improvement.
- Adjusted net income $13.3M vs $7.8M in Q3 2022; no forward guidance provided.

## SEC filing metadata
- accession: 0001437749-23-030139
- form_type: 8-K
- ticker: NHC
- cik: 0001047335
- company_name: NATIONAL HEALTHCARE CORP
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047335/000143774923030139/0001437749-23-030139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047335/000143774923030139/nhc20231101c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030139
- JSON: https://secwatch.observer/filing/0001437749-23-030139.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030139.txt

## Key facts
- Earnings Releases
  NATIONAL HEALTHCARE CORP reported the quarter ended September 30, 2023 results: revenue $288,485,000, net income $10,388,000, EPS $0.68.
  - Period: the quarter ended September 30, 2023
  - Revenue: $288,485,000
  - Net income: $10,388,000
  - EPS: $0.68
  - Result: reported results
  source text: National HealthCare Corporation (NYSE American: NHC), the nation's oldest publicly traded senior health care company, announced today net operating revenues and grant income for the quarter ended September 30, 2023 totaled $288,485,000 compared to $270,843,000 for the quarter ended September 30, 2022, an increase of 6.5%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1047335/000143774923030139/0001437749-23-030139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.