---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022306"
form_type: "8-K"
ticker: "NHC"
cik: "0001047335"
company_name: "NATIONAL HEALTHCARE CORP"
filed_at: "2026-07-01T20:43:00+00:00"
generated_at: "2026-07-01T20:44:10.379702+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NHC completes $560M acquisition of 35 facilities from NHI; funds with new credit facility

## Summary
- Acquired 32 skilled nursing and 3 independent living facilities from NHI for $560M in cash.
- Funded by $475M term loan and $55M revolver draw under new credit facility; revolver increased to $75M.
- Acquisition expected to be accretive to earnings and cash flow; NHC now owns real estate it previously leased.
- Four Florida skilled nursing facilities remain subleased to a third-party operator; NHC continues to operate all others.
- Facilities located in AL, FL, KY, MO, SC, TN, VA; complements existing continuum of care.

## SEC filing metadata
- accession: 0001437749-26-022306
- form_type: 8-K
- ticker: NHC
- cik: 0001047335
- company_name: NATIONAL HEALTHCARE CORP
- filed_at: 2026-07-01T20:43:00+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1047335/000143774926022306/0001437749-26-022306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1047335/000143774926022306/nhc20260630_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022306
- JSON: https://secwatch.observer/filing/0001437749-26-022306.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022306.txt

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