National Healthcare Corporation (NHC) (NYSE American: NHC) has announced the retirement of R. Michael Ussery, the company's President and Chief Operating Officer, effective December 31, 2025. Ussery, who has had a distinguished 45-year career with NHC, began his journey with the company in 1980, steadily advancing through various operational and leadership roles before being appointed as COO in 2009 and President in 2017.
During his tenure as President and COO, Ussery played a pivotal role in guiding NHC through significant periods of change and growth, while reinforcing the company's culture centered on high-quality patient care. His contributions have been integral to NHC's success and growth over the last four decades.
NHC, with its affiliates, operates 80 skilled nursing facilities with 10,349 beds, 26 assisted living communities with 1,413 units, nine independent living communities with 777 units, three behavioral health hospitals, 34 homecare agencies, and 32 hospice agencies. The company also provides Alzheimer's and memory care units, pharmacy services, a rehabilitation services company, and management and accounting services to third-party post-acute operators.
Ussery's retirement marks the end of an era at NHC, and the company expresses gratitude for his contributions while expressing confidence in the company's future leadership. Following these announcements, the company's shares moved 3.38%, and are now trading at a price of $126.41. If you want to know more, read the company's complete 8-K report here.
