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National Healthcare Corporation completes acquisition of White Oak Senior Living Portfolio to expand senior care operations

PUBLIC · NHCAug 12, 2024

Acquiring Company

National HealthCare Corporation

Acquired Company

White Oak Senior Living

MurfreesboroSpartanburgHealth CareNon ProfitHealth Care

Description

National Healthcare Corporation (NHC) has successfully completed the acquisition of the White Oak Senior Living portfolio, a significant move that expands NHC’s senior care operations into new territories. The acquisition is set to add 1,928 skilled nursing beds, 48 assisted living units, and 302 independent living units, enhancing NHC’s services in North and South Carolina and paving the way for operational efficiencies and synergies.

Quick answer

National HealthCare Corporation is acquiring White Oak Senior Living, announced August 7, 2024. National HealthCare Corporation is based in Murfreesboro, Tennessee, United States.

How much did National HealthCare Corporation pay for White Oak Senior Living?
The deal value was not disclosed.
What does National HealthCare Corporation do?
National HealthCare Corporation (NHC) is a national leader in senior care, with affiliates operating 65 skilled nursing facilities, 24 assisted living communities, five independent living communities, three behavioral..
Where are National HealthCare Corporation and White Oak Senior Living based?
National HealthCare Corporation is based in Murfreesboro, Tennessee, United States. White Oak Senior Living is based in Spartanburg, South Carolina, United States.
Who are the decision-makers at National HealthCare Corporation?
Fundz holds 3 contacts at National HealthCare Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

National HealthCare Corporation

Location

100 E. Vine St

Murfreesboro, Tennessee, United States

About

National HealthCare Corporation (NHC) is a national leader in senior care, with affiliates operating 65 skilled nursing facilities, 24 assisted living communities, five independent living communities, three behavioral health hospitals, 34 homecare agencies, and 30 hospice agencies. NHC's services also include Alzheimer’s and memory care units, pharmacy services, a rehabilitation services company, and providing management and accounting services to third party post-acute operators.

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Frequently asked

Who acquired White Oak Senior Living?

White Oak Senior Living was acquired by National HealthCare Corporation, based in Murfreesboro. The deal was reported on August 12, 2024. National HealthCare Corporation is publicly traded (NHC) and operates in Health Care.

When did National HealthCare Corporation acquire White Oak Senior Living?

National HealthCare Corporation's acquisition of White Oak Senior Living was reported on August 12, 2024. National Healthcare Corporation (NHC) has successfully completed the acquisition of the White Oak Senior Living portfolio, a significant move that expands NHC’s senior care operations into new territories. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does White Oak Senior Living do?

White Oak Senior Living is a premier skilled nursing and senior living provider with a portfolio of six skilled nursing facilities in North Carolina, including three continuing care retirement centers, and nine skilled nursing facilities in South Carolina. It is privately held, operating in Health Care, and is based in Spartanburg.

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