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Wrong Kelly Gill?

Kelly J. Gill

Chief Executive Officer

Diversicare Healthcare Services Inc

HQ Phone:  (615) 771-7575

Direct Phone: (615) ***-****direct phone

Email: k***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Diversicare Healthcare Services Inc

1621 Galleria Blvd

Brentwood, Tennessee,37027

United States

Company Description

Diversicare provides wound care in each of our facilities. We focus on wound healing and prevention of skin care complications. For every patient, we seek to help them achieve positive outcomes and to reach his or her highest level of functioning. Wounds can o...more

Background Information

Employment History

Chief Executive Officer

Advocat Inc.


Executive Vice President

Skilled Healthcare Group, Inc.


Specialty Physician Practice Management

Diagnostic Imaging


Chief Operating Officer

Outpatient Imaging Affiliates LLC


Chief Operations Officer

Aviacode Incorporated


President

Western Asset Inflation Management Fund Inc


President

Western Asset Inflation Management Fund Inc


President

cbs4boston.com


Executive Vice President - Ancillary Services

SkilledHealthCare LLC


President

American Rehabilitation


Affiliations

The Land Trust for the Little Tennessee Inc

Board Member


ForexTV.com

Board Member


Doctors Healthcare Center

Board Member


Education

Business Administration

University of Phoenix


Web References(158 Total References)


Advocat Announces 2012 Fourth Quarter and Year End Results (NASDAQ:DVCR)

investor.dvcr.com [cached]

Commenting on the results, Kelly Gill, Advocat's CEO, stated, "The fourth quarter of 2012 represents the first operating quarter with an apples-to-apples comparison related to our Medicare rates following the implementation of the CMS Final Rule in October of 2011.
While our Adjusted EBITDA for the fourth quarter was negatively impacted by professional liability expense, revenue increased and our operating expenses declined as a percentage of revenue. Additionally, these results represent our ability to adapt to reimbursement challenges by streamlining our corporate costs, as evidenced by an absolute reduction in general and administrative expenses. I am very pleased with our operational improvements throughout 2012 and believe they position the Company well to generate additional growth in 2013. "To that end, I am also pleased to have announced earlier this week our definitive agreement to acquire five facilities in Kansas," Mr. Gill continued. "This transaction will represent our largest since embarking on a portfolio-expansion strategy in 2011 and represents more than a 50% increase in our owned facilities. I believe our ability not only to integrate newly-acquired facilities successfully, but also to do so with limited incremental corporate costs, has been proven through our acquisition activity in 2012. We anticipate closing this transaction early in the second quarter of 2013 and that these new facilities will be accretive to our earnings this year. It is also important to note that this transaction entails our taking full ownership of these facilities, demonstrating our flexibility as relates to acquisition structures as we continue to focus our efforts on growing our portfolio." Mr. Gill concluded, "As we look forward into 2013, we will continue to seek opportunities both to deepen and to expand our operating footprint through the addition of new facilities, while at the same time generating organic growth through improvements in clinical capabilities and reinvestment in our centers." Kelly J. Gill Chief Executive Officer 615-771-7575 Investor Relations:


Advocat Announces 2012 First Quarter Results (NASDAQ:DVCR)

investor.dvcr.com [cached]

Kelly Gill, CEO, commented, "For the first quarter, our skilled mix as a percent of total census increased to 16.6% from 16.4% last year.
Our Medicare rates decreased compared to the first quarter of 2011, primarily due to CMS rate cuts that were effective October 1, 2011. However, on a sequential basis, our Medicare rates increased by $2.26 per patient day compared to the fourth quarter of 2011." Mr. Gill noted, "Although we continued to make progress against our long-term strategic plan in the first quarter, the combination of reductions in Medicare reimbursement effected by CMS, a $0.6 million year-over-year increase in professional liability expense, and the cost increases in facility staffing, marketing, and support areas resulting from our strategic initiatives resulted in a net loss from continuing operations. We remain focused on the implementation of our growth strategy, which centers on enhancing our high acuity patient care services, modernizing our facilities, and prudently expanding our facility portfolio. We are seeing benefits from these efforts in terms of improved skilled census, our capabilities to market to and care for higher acuity patients and, as a result of the implementation of electronic medical records, the ability to better document the high quality services we have always provided." Mr. Gill continued, "We also believe that our new platform is more scalable and will allow us to integrate new operations with greater efficiency. I'm very pleased we were recently able to announce we have acquired the rights to operate a facility in Clinton, Kentucky. This facility will initially be leased and we will have an option to purchase the facility. We also recently opened our new facility in West Virginia, which, with the Kentucky facility, will increase our capacity by 178 beds." Mr. Gill, commenting further on the company's growth strategy, noted "We believe that we have the ability to increase the number of licensed beds with only modest incremental growth in general and administrative expense. CONTACT: Kelly J. Gill Chief Executive Officer 615.771-7575 Investor Relations:


Advocat Announces 2012 Second Quarter Results (NASDAQ:DVCR)

investor.dvcr.com [cached]

Kelly Gill, CEO, commented, "For the second quarter, our EBITDA increased $1.3 million to $1.9 million compared to $0.6 million in the first quarter of 2012.
This is due in large part to operational improvements during the period. Adjusted EBITDA, which takes into consideration our significant investment in start-up costs for our new nursing centers in Kentucky and West Virginia as well as certain separation costs, increased by $1.1 million to $2.7 million compared to $1.6 million in the first quarter of 2012. We expect both of these centers to be accretive to earnings in 2013." Mr. Gill noted, "Although our skilled mix decreased slightly from the first quarter of 2012, consistent with other industry peers, we remain focused on enhancing our high acuity patient care services, modernizing our facilities, and prudently expanding our facility portfolio. We have reached the phase of our strategic plan where we are actively seeking opportunities to grow our portfolio. We now have the ability to add and integrate additional licensed beds with greater ease increasing our operating margins while incurring only modest incremental growth in general and administrative expense." Mr. Gill continued, "From a development standpoint, I am very pleased the recently announced nursing center in Clinton, Kentucky has admitted its first patients and is on its way to obtaining its Medicare and Medicaid certifications. Also, our recently opened facility in West Virginia has obtained its certification and has begun to admit additional patients each day. We expect certification of the Clinton, Kentucky, facility to be completed in the next few months. As expected, our brand new, state-of-the art West Virginia nursing center has attracted a large percentage of Medicare patients and we expect this nursing center to generate monthly positive pre-tax income before the end of 2012." Mr. Gill, commenting further on the company's growth strategy, noted "We believe that through acquisition of new nursing centers we can grow the Company's revenue and contribution margin with only modest incremental growth in general and administrative expense. Kelly J. Gill Chief Executive Officer 615.771.7575 Investor Relations:


Advocat Announces 2012 Third Quarter Results (NASDAQ:DVCR)

investor.dvcr.com [cached]

Commenting on the results, Kelly Gill, Advocat's CEO, stated, "Just over one year ago I was entrusted with the leadership of this Company.
Mr. Gill continued, "From a development standpoint, I am very pleased to announce the successful reopening of our newly acquired nursing center in Clinton, Kentucky. Mr. Gill concluded, "We believe that our third quarter activities of developing these new properties demonstrate our ability to add nursing centers to the Company's portfolio, increase revenue, and generate favorable leverage against our related overhead expense. Kelly J. Gill Chief Executive Officer 615-771-7575 Investor Relations:


Diversicare Announces 2013 Second Quarter Results (NASDAQ:DVCR)

investor.dvcr.com [cached]

Commenting on the results, Kelly Gill, Diversicare's CEO, stated, "Our second quarter results showed the increasing contribution that our acquired or newly-opened facilities are making to our top line.
Revenue grew by 4.2% over the first quarter of 2013 and by 9.1% over the second quarter of 2012. I anticipate that revenue growth will continue through 2013, enhanced by our recently completed acquisition of five new facilities in Kansas as well as other acquisitions currently in the pipeline that are scheduled to close during the third or fourth quarter of 2013. At the same time, our results show the operating leverage created by our growth, which has enabled us in the second quarter to maintain our facility-level operating profitability and improve our G&A leverage despite a difficult utilization environment and the negative impact on our Medicare revenues from sequestration. "We continue to face the challenge of increases in our professional-liability expenses, an issue that remains at the forefront of our strategic decision-making," Mr. Gill continued. "As part of our multi-pronged strategy to address this challenge, as recently announced, we have entered into an agreement to terminate our lease with respect to our remaining 11 facilities in Arkansas. We anticipate completing this transaction in the third quarter of 2013. Mr. Gill concluded, "Our acquisition pipeline remains encouraging, as evidenced by our recent announcement of the assumption of operations of a new facility in Louisville, Kentucky, and the anticipated assumption of operations of four additional facilities in Ohio and Indiana. Kelly J. Gill Chief Executive Officer 615-771-7575 Investor Relations:


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