Attached files

file filename
EX-99.1 - PRESS RELEASE - Diversicare Healthcare Services, Inc.d400448dex991.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported)

August 20, 2012 (August 20, 2012)

ADVOCAT INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-12996

 

62-1559667

(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

1621 Galleria Boulevard, Brentwood, TN 37027

(Address of Principal Executive Offices)        (Zip Code)

(615) 771-7575

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On August 20, 2012, the Company announced it entered into an agreement to sell an owned nursing center in Arkansas to an unrelated party. The operating margins of the nursing center do not meet the Company’s long term strategic goals. This nursing center contributed revenues of $2,588,000 and pretax net loss of $(18,000) in the six month periods ended June 30, 2012. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits

 

Number   

Exhibit

99.1    Press release dated August 20, 2012.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

    ADVOCAT INC.
    By:   /s/ Kelly J. Gill
      Kelly J. Gill
      Chief Executive Officer

Date: August 20, 2012


EXHIBIT INDEX

 

Number

  

Exhibit

99.1    Press release dated August 20, 2012.