AdCare Health Systems, Inc. has been invited to present at the Sidoti Semiannual Micro-Cap Conference to be held at the Grand Hyatt Hotel in New York on January 10, 2011.
AdCare management is scheduled to present on Monday, January 10 at 2:10 p.m. Eastern time, with one-on-one meetings held throughout the day. AdCare will discuss the emerging opportunities in the highly fragmented health care segments of senior assisted living, elderly nursing care and home health care services.
The company will also talk about its M&A program designed to build upon its strong reputation for operational efficiency and high-quality living environments. With the recent acquisition of the Mountain Trace Nursing Center, plus three additional skilled nursing centers AdCare expects to close in the first quarter of 2011, AdCare’s estimated annualized revenue run-rate exceeds $140 million, representing an increase of more than 424% over annual revenues of $26.7 million in 2009.
For more information about the conference or to schedule a one-on-one meeting with AdCare management, please contact Lynn Orenstein at [email protected] or visit the conference website at http://microcap.sidoti.com.
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