secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL HEALTHCARE CORP (NHC)
CIK:        0001047335
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001437749-23-030139
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047335/000143774923030139/0001437749-23-030139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047335/000143774923030139/nhc20231101c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030139

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