National HealthCare Corporation Revenue and Competitors

National HealthCare Corporation operates or provides accounting and financial services to long-term healthcare centers and home healthcare programs with a focus in the southeastern United States. Its healthcare centers provide subacute, skilled and intermediate nursing and rehabilitative care. As of December 31, 2002, National HealthCare operated or managed 82 long-term healthcare centers with a total of 10,499 licensed beds. Of the 82 centers, 33 are managed for other owners. Of the 49 remaining centers, 36 are leased from National Health Investors, Inc. (NHI) and 10 are leased from National Health Realty, Inc. (NHR). The Company serves as a compensated investment advisor to both NHI and NHR. The healthcare services National HealthCare provides include a range of services through related or separately structured long-term healthcare centers, homecare programs, specialized care units, pharmacy operations, rehabilitative services, assisted living centers and retirement centers.