Welcome to our dedicated page for National Resh news (Ticker: NRC), a resource for investors and traders seeking the latest updates and insights on National Resh stock.
NRC Health (National Research Corporation, NASDAQ: NRC) generates a steady stream of news focused on healthcare experience management, financial performance, and partnerships with health systems. This news page aggregates updates from company press releases, third-party announcements, and regulatory disclosures so readers can follow how NRC Health is working with healthcare organizations and how its business is evolving over time.
Many NRC Health news items highlight new and expanded partnerships with hospitals and health systems. Recent examples include collaborations with Mosaic Life Care, BJC Health System, North Mississippi Health Services, and South Shore Health. These announcements describe how NRC Health’s patient experience, employee experience, and market insight capabilities are being used to support human-centered care, unify feedback, and guide improvement across hospitals, clinics, and other care settings.
Investors and industry observers will also find coverage of NRC Health’s quarterly results, including revenue trends, Total Recurring Contract Value (TRCV), cash flow from operations, and non-GAAP measures such as Adjusted EBITDA and Adjusted Net Income. These earnings releases often include commentary from company leadership about sales activity, customer retention, and capital allocation through dividends and share repurchases.
Additional news includes leadership appointments, such as executive roles in finance and strategic insights, and recognition related to healthcare experience management, including references to the Best in KLAS Award for Healthcare Experience Management and Excellence in Patient Experience awards given by NRC Health to client organizations. Readers who want to monitor NRC Health’s role in healthcare experience improvement, its relationships with health systems, and its public company disclosures can use this page as a centralized source of updates.
NRC Health has awarded the 2020 Rising Stars Scholarship to Sydney Long and Bradley Martins, both students at the University of Nebraska-Lincoln. Each recipient received $2,000 for the spring 2021 semester. The scholarship aims to support students interested in business development, marketing, and entrepreneurship. Sydney is a senior majoring in Hospitality and Marketing, while Bradley is a junior Marketing major and a Business Development Intern at NRC Health. The scholarship program has been active since 2011.
National Research Corporation (NASDAQ:NRC) reported robust financial results for Q3 2020. Net New Sales reached a record $11.2 million, contributing to a 10% increase in Total Recurring Contract Value at $147.5 million. The Voice of the Customer platform saw a 27% growth to $115.5 million. Revenue rose by 3% to $33.5 million, and both Operating and Net Income increased by 18%, totaling $12.0 million and $9.6 million, respectively. Despite a decrease in total operating expenses by 1%, direct expenses rose slightly. The company benefited from lower travel costs due to COVID-19 restrictions.
NRC Health announced the winners of its second annual Customer Approved and Employee Approved Awards during the virtual 26th Annual NRC Health Symposium. These awards recognize exceptional senior living organizations for their outstanding customer and employee experiences, even amidst the challenges posed by the COVID-19 pandemic. Trust in senior living facilities has significantly declined, with a 17.7% confidence rate in May 2020, down from 23% three years prior. The winning facilities were identified based on feedback and Net Promoter Scores, which indicate satisfaction and loyalty.
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NRC Health announced the winners of its third-annual Consumer Loyalty Awards during the virtual 26th Annual NRC Health Symposium on August 24, 2020. The awards recognize top U.S. healthcare facilities that demonstrate strong patient loyalty, based on feedback from over 310,000 consumers. To qualify, organizations must achieve high ratings in access, brand score, engagement, and more.
Nearly two-thirds of last year’s winners repeated their success, showcasing their commitment to patient care amidst the ongoing COVID-19 pandemic.
National Research Corporation (NASDAQ:NRC) reports Q2 2020 revenue of $31.2 million, a slight decline from $31.4 million in Q2 2019. Operating income decreased to $9.3 million from $10.1 million. The company provided uncompensated services due to client challenges amidst COVID-19, impacting revenue without offsetting expenses. Net income rose to $7.7 million, up from $7.4 million year-over-year. Diluted earnings per share increased to $0.30. Total Recurring Contract Value grew by 11%, with Voice of the Customer offerings expanding 30% year-over-year.
NRC Health is transitioning its 26th Annual NRC Health Symposium to a virtual format on August 24-25, prioritizing participant safety during the COVID-19 pandemic. The event aims to educate healthcare professionals on enhancing patient relationships and personalizing care. Key speakers include Columbia University's Kai Wright and pediatrician Wendy Sue Swanson. NRC Health will also announce several Consumer Loyalty Awards during the virtual reception. Registration is now open, with discounted rates for clients and recordings available for later viewing.
National Research Corporation (NASDAQ:NRC) will host an online simulcast of its 2020 second quarter earnings conference call on August 5, 2020, at 11:00 a.m. ET. The financial results will be released after market close on August 4, 2020. Investors can access the live webcast and a 30-day replay via the company's website. With over 39 years of experience, NRC provides analytics to enhance patient and employee experiences, fostering customer loyalty in the healthcare sector across the U.S. and Canada.
National Research Corporation (NASDAQ: NRC) reported strong first-quarter 2020 results, with revenue increasing 8% to $33.9 million compared to $31.5 million in Q1 2019. Net income surged 43% to $11.8 million, up from $8.2 million year-over-year. The diluted earnings per share rose to $0.46 from $0.32. The Voice of the Customer platform's recurring contract value reached $102.9 million. Despite the strong performance, the company anticipates future growth may be uncertain due to COVID-19.