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Category Archives: AdCare Health Systems Inc. ADK

AdCare Health Systems (ADK) Reports Third Quarter 2011 Results

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% sequentially from Q2 2011 and … Continue reading

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AdCare Health Systems (ADK) Sets Third Quarter 2011 Conference Call for Wednesday, November 9, 2011 at 5:00 p.m. ET

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 September 30, 2011. Financial results … Continue reading

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AdCare Health Systems (ADK) Selects Remedi SeniorCare for Long-Term Care Pharmacy Solutions

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 in the Ohio region. Remedi … Continue reading

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AdCare Health Systems (ADK) to Acquire Five Skilled Nursing Facilities in Oklahoma

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 that generate an estimated $15.0 … Continue reading

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AdCare Health Systems (ADK) Completes Exercise of Warrants for Gross Proceeds of $6.9 Million

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 public offering in November 2006 … Continue reading

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AdCare Health Systems (ADK) to Present at Imperial Capital 5th Annual Global Opportunities Conference on October 6, 2011

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 York on October 5-6, 2011. … Continue reading

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AdCare Health Systems (ADK) to Present at JMP Securities 6th Annual Healthcare Conference on September 27, 2011

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 … Continue reading

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AdCare Health Systems (ADK) Extends Warrant Call Exercise Period

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 warrants to purchase shares of … Continue reading

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AdCare Health Systems (ADK) Closes Acquisition of Four Skilled Nursing Facilities in Arkansas

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 lease for one skilled nursing … Continue reading

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AdCare Health Systems (ADK) Declares 5% Stock Dividend

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 September 30, 2011. The company’s … Continue reading

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