AdCare Health Systems, Inc., a rapidly growing nursing home and assisted living company, announced the completion of the previously announced agreement to purchase a skilled nursing and assisted living community in Ohio. The final purchase…
One of the classic gold nuggets for an investor is the micro-cap or small-cap company that is just starting to show up on radar screens, but with a strong history of growing revenue, and earnings…
ADK is coming down upon a support level that has held twice in the last few months. Both times the chart provided a nice bounce, and the indicators continue to drop hints of a potential…
AdCare Health Systems, Inc. is an expanding national leader in the development, ownership, and management of assisted living facilities, nursing homes and retirement communities. The company’s 3,200 employees provide high-quality care for patients and residents…
In 2010, 13 percent, or about 40.1 million, of the 308.7 million people in the United States were 65 years of age or older, according to the U.S. Census Bureau. That’s about 15 percent higher…
Ohio-based AdCare Health Systems is an expanding national leader in the development, ownership, and management of care facilities, including: • Nursing homes • Assisted living facilities • Independent living facilities • Dementia/Alzheimer’s units • Sub-acute…
AdCare Health Systems, Inc. is a recognized innovator in senior living and health care facility management. AdCare focuses on developing and managing assisted living facilities, nursing homes and retirement communities. Since its inception in 1988,…
AdCare Health Systems, Inc., a leading nursing home and assisted living company, appointed David Rubenstein to the new position of chief operating officer, effective December 19, 2011. Rubenstein brings to AdCare extensive operational experience in…
AdCare Health Systems, Inc., a leading nursing home and assisted living company, has closed the previously announced asset purchase of a skilled nursing and assisted living community in Mountain View, Arkansas for $4.2 million. The…
AdCare Health Systems, Inc., a leading nursing home and assisted living company, has been invited to present at the Southwest IDEAS Investor Conference. The conference will be held at the Hilton Anatole Hotel in Dallas,…
AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, reported unaudited financial results for the third quarter ended September 30, 2011. Q3 2011 Financial Highlights Record revenues of $40.9 million, up 17%…
AdCare Health Systems, Inc., a leading nursing home and assisted living provider, will hold a conference call on Wednesday, November 9, 2011 at 5:00 p.m. Eastern time to discuss results for the third quarter ended…
Ohio-based AdCare Health Systems, Inc. has selected Remedi SeniorCare®, one of the nation’s largest institutional pharmacy companies, to provide comprehensive pharmacy and consulting services for AdCare’s facilities that deliver long-term care to approximately 443 residents…
AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, has signed a definitive purchase agreement for five skilled nursing facilities in Oklahoma for $16 million. The facilities have on aggregate 357 beds…
AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, received approximately $6.9 million in gross proceeds during the third quarter from the exercise of approximately 99% of warrants sold in its initial…
AdCare Health Systems, Inc., a nursing home and assisted living company, has been invited to present at the Imperial Capital 5th Annual Global Opportunities Conference. The conference will be held at the Grand Hyatt New…
AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living for seniors, has been invited to present at the JMP Securities 6th Annual Healthcare Conference. The conference will be held at the…
AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, has extended the last day of the previously announced call exercise period with respect to AdCare’s call to redeem 100% of its outstanding…
AdCare Health Systems, Inc., a nursing home and assisted living company, has closed the previously announced asset purchase of four skilled nursing facilities in Arkansas, with the acquisition from the same seller of a 10-year…
AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living for seniors, has declared a 5% stock dividend, payable October 14, 2011 to shareholders of record at the close of business on…