FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


NHC Renews $75MM Credit Line With Bank of America

October 24, 2013, 09:03 AM
Filed Under: Healthcare

National HealthCare Corporation announced today that it has renewed its one year $75 million line of credit with Bank of America.

Robert Adams, CEO, stated: “We are pleased to complete our 6th amendment to our Credit Agreement with Bank of America. The continued financial flexibility provided by this renewed credit line adds further momentum to our strategy of expanding our continuum of post-acute care services in our key Integrated Care Markets including assisted living, skilled nursing, homecare and hospice.”

NHC affiliates operate for themselves and third parties 68 long-term health care centers with 8,803 beds. NHC affiliates also operate 38 homecare programs, five independent living centers and 15 assisted living communities.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.