Leading long-term care provider AdCare Health Systems announced it has signed a definitive purchase agreement to acquire a skilled nursing facility in South Carolina for $4.2 million. The facility, which generates an estimated $3.8 million…
Today, AdCare Health Systems announced the completion of its previously announced firm commitment underwritten offering of 1,100,000 shares of AdCare’s common stock at a price per share to the public of $3.75. The net proceeds…
AdCare Health Systems, an aggressively expanding owner and operator of living and care facilities in 7 states, believes that a significant part of its success is due to the fact that it treats every newly…
When Ladenburg Thalmann, one of the country’s oldest and most respected investment banks, recently initiated coverage of AdCare Health Systems, giving the company a “buy” rating which it continues to maintain, it based its decision…
AdCare Health Systems, a leading long-term care provider, just announced that it has inked definitive purchase agreements for two skilled nursing facilities in Oklahoma for a total consideration of $11.6 million. Adding 239 beds in…
In addition to the exceptional financial numbers AdCare management was able to provide in the company’s recent release of 2011 Q4 and full-year results, they also discussed their continued M&A based strategy and plans for…
AdCare Health Systems, a leading long-term care provider successfully executing an aggressive M&A program, reported its financial results for the fourth quarter and full year ended December 31, 2011. Highlights include a 176% year-over-year gain…
Few investment opportunities are sweeter than a turnaround, where the value of a company is increased, sometimes dramatically, through the measured application of superior operational procedures, technologies, or marketing approaches. Usually this involves a single…
AdCare Health Systems, a leading long-term care provider, today announced that it will be holding a conference call later this week on Friday, March 9, 2012, at 8:30 a.m. EST to discuss results for the…
AdCare Health Systems, Inc., a nursing home and assisted living company, today told investors that it will be presenting at the ROTH Capital Partners 24th Annual Conference. The conference will be held at The Ritz…
Recently, Bert Wilkison of Chicago-based Kinetic Investments, a subsidiary of Wilkison Financial LLC, joined those calling AdCare Health Systems an undervalued buy and hold stock, citing the company’s growth strategy. According to Wilkison, the reason…
The recent positive assessment of AdCare Health Systems by Stonegate Securities was based upon the strength of AdCare’s unique approach to a growing but highly fragmented market. AdCare is an Ohio-based healthcare services provider that…
Relatively few of the most successful business are at the place they are because they came up with a totally new concept or industry. In almost every case, a company is successful because it has…
AdCare Health Systems, Inc. today announced it has been invited to present at the UBS 22nd Annual Global Healthcare Services Conference. Held at the Grand Hyatt New York in New York City, the conference will…
MissionIR today announces that its interview with Boyd Gentry, the president and chief executive officer of AdCare Health Systems, is now available online. The complete interview can be heard at http://adk.missionir.com/adk/interview.html. Mr. Gentry discussed the…
According to a recent investment analysis report by Stonegate Securities, AdCare, an Ohio-based developer, owner, and operator of skilled nursing and assisted living communities, “holds significant potential for investors”. It bases its conclusion on the…
It’s AdCare’s spectacular revenue growth over the past few years, roughly doubling every year since 2009, that has caught the eye of investors, with much of the attention going to the company’s increasing number of…
AdCare Health Systems, Inc. (NYSE Amex: ADK) is widely recognized for its innovations in senior living and health care facility management. The company owns, manages and develops nursing homes, assisted living facilities and retirement communities,…
AdCare Health Systems, Inc., a nursing home and assisted living company providing high-quality care for patients and residents residing in the 44 facilities that it operates, announced it will be presenting at the Noble Financial…
AdCare Health Systems, Inc., a leading nursing home and assisted living company, today announced the company has signed a definitive purchase agreement for three skilled nursing facilities in Arkansas for $27.3 million. According to the…