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 St. Regis New York on September 27-28, 2011.
AdCare’s CEO Boyd Gentry and its chief acquisition officer, Chris Brogdon, are scheduled to present on Tuesday, September 27, at 11:30 a.m. Eastern time, with one-on-one meetings held throughout the day. The presentation will be webcast live and available for replay via www.wsw.com/webcast/jmp14/adk and the Investor Relations section of the company’s website at www.adcarehealth.com.
AdCare management will discuss the emerging opportunities in the highly fragmented health care segments of senior living, elderly nursing care and home health care services, and talk about the progress of AdCare’s successful MA program designed to build upon the company’s ability to deliver high-quality care and strong operational efficiency.
Including the transactions AdCare has closed and is in the process of closing, the company expects its annualized revenue run-rate to exceed $285 million, which would represent an increase of 436% over revenues in 2010, and an increase of more than 969% over revenues in 2009 when it initiated its current MA campaign.
For more information about the conference or to schedule a one-on-one meeting with AdCare management, please contact your JMP Securities sales representative or visit the conference Web site at www.jmpg.com/jmpsecurities/about/conferences.
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