National HealthCare Corporation
National HealthCare Corporation (NYSE American: NHC) operates an integrated network of post-acute and senior healthcare facilities across nine states, primarily in the Southeastern and Midwestern United States. Founded in 1971, the company provides a comprehensive continuum of care including skilled nursing… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What National HealthCare Corporation does
In the company’s own words
National HealthCare Corporation (NYSE American: NHC) operates an integrated network of post-acute and senior healthcare facilities across nine states, primarily in the Southeastern and Midwestern United States. Founded in 1971, the company provides a comprehensive continuum of care including skilled nursing facilities, assisted living communities, independent living facilities, homecare agencies, hospice services, and behavioral health hospitals. The company website is www.nhccare.com.
As of December 31, 2025, NHC operates 80 skilled nursing facilities with 10,329 licensed beds, 26 assisted living facilities with 1,413 units, nine independent living facilities with 777 retirement apartments, three behavioral health hospitals with 102 licensed beds, 34 homecare agencies, and 33 hospice agencies. The company employs approximately 15,278 full-time and part-time employees across its operations. NHC owns 43 skilled nursing facilities, leases 29, and manages eight, providing diversified revenue streams and operational flexibility.
The company operates two reportable segments: inpatient services, which includes skilled nursing, assisted living, independent living, and behavioral health operations, and homecare and hospice services. In fiscal 2025, healthcare services generated 96.8 percent of net operating revenues, with the remaining 3.2 percent derived from management services, accounting and financial services to third-party operators, insurance services, and rental income from ten healthcare properties leased to third-party operators.
Revenue sources are diversified across government and private payors, with Medicare representing 31 percent of net patient revenues, Medicaid 30 percent, managed care 12 percent, and private pay and other sources 27 percent. NHC also operates Caris Healthcare, a wholly owned hospice subsidiary serving over 1,647 patients daily, and NHC Advantage, an Institutional Special Needs Plan serving approximately 1,300 Medicare Advantage members. The company maintains five regional pharmacy locations and operates a Tennessee-domiciled insurance company providing workers' compensation coverage and a Cayman Islands-licensed subsidiary providing liability coverage to its facilities.
Company details
- Sector
- Health Care
- Industry (SIC)
- Health Services
- Headquarters
- MURFREESBORO, TN
- Fiscal year end
- December
- CIK
- 1047335
- SIC
- 8051
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns National HealthCare Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · National HealthCare Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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