National Healthcare Corporation Reports Net Income of $16.3 Million for Q2 2023

National Healthcare Corporation,(NHC) a leading provider of healthcare ser vices, has announced its financial results for the second quarter of 2023. The company reported a net income of $16.3 million for the quarter, reflecting a significant improvement over the same period last year. The strong performance was driven by robust net operating revenues and grants income totaling $282.6 million.

Net Income Surges to $16.3 Million

In the three months ended June 30, 2023, National Healthcare Corporation achieved a net income of $16.3 million, marking a substantial increase from the net income of $3.2 million reported in the same period in 2022. This impressive growth can be attributed to a combination of higher revenues and effective cost management strategies.

Net Operating Revenues Reach $282.6 Million