DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers: Election of Directors: Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.

(e) Compensatory Arrangements of Certain Officers
2016 Bonuses
On February 7, 2017, the Compensation Committee recommended and the Board approved the payment of bonuses for the Named Executive Officers based upon the Company’s and their individual performance in 2016, as follows:
Named Executive Officer 2016 Bonus
Kelly J. Gill $ 606,000
Leslie D. Campbell $ 399,960
James R. McKnight, Jr. $ 366,630

About DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR)

Diversicare Healthcare Services, Inc. provides post-acute care services to nursing center patients and residents in approximately nine states, primarily in the Southeast and the Southwest United States. The Company’s post-acute care services to patients and residents include skilled nursing, ancillary healthcare services and assisted living. In addition to the nursing, personal care and social services that are provided in long-term care centers, the Company offers a range of rehabilitative, respiratory and other ancillary services. The Company’s operations consist of approximately 60 nursing and senior housing centers with approximately 6,060 licensed nursing beds. Its nursing centers range in size from 48 to 320 licensed nursing beds. The nursing centers provide nursing healthcare services, including nutrition services, recreational therapy, social services and laundry services. The Company operates in Alabama, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee and Texas.

DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR) Recent Trading Information

DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR) closed its last trading session 00.00 at 10.00 with 0 shares trading hands.