The company is being delisted because its market cap fell below the minimum required to be on the Nasdaq exchange.
Diversicare’s revenue totaled more than $563 million in 2018. It has more than 6,000 employees, according to the report.
More articles on healthcare finance:
9 latest hospital credit rating downgrades
10 hospitals seeking CFOs
RWJBarnabas Health CFO focuses on strategy in industry under ‘economic siege’
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit