Diversicare acquisition could be an example of what’s to come
By
Danielle Brown
Aug 30, 2021
The merger agreement between Diversicare Healthcare Services and DAC Acquisition is the latest example of a “pattern of consolidation” that could be accelerating throughout the industry since the pandemic,...
Diversicare facilities have reached herd immunity: top exec
By
Danielle Brown
May 13, 2021
The top leader for Diversicare Healthcare Services believes herd immunity levels have been reached across its 61 centers following the completion of the federally-sponsored vaccine clinics.
Federal COVID-19 relief funding a ‘primary support’ for long-term care, exec says
By
Danielle Brown
Nov 06, 2020
Federal COVID-19 stimulus funding has been crucial to the stability of Diversicare Health Services’ operations, according to Jay McKnight, the firm’s president and CEO.
PDPM cost savings dwindle following COVID-19, Sabra CEO says; occupancy likely to fall across industry,...
By
Danielle Brown
May 08, 2020
The cost savings from the Patient Driven Payment Model have “pretty much gone away” following the onset of the coronavirus pandemic, Sabra Health Care REIT CEO Rick Matros revealed Thursday.
New name for Advocat Inc.
By
McKnight's Staff
May 01, 2013
Advocat Inc., which operates 48 skilled nursing centers, changed its name to Diversicare Healthcare Services as of March 15. Its facilities already operated under the Diversicare name, and President and...
