AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living for seniors, has signed a definitive agreement to purchase a skilled nursing and assisted living community in Mountain View, Arkansas for $4.2 million. The facilities have an … Continue reading →

AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living, has signed a definitive agreement to purchase a skilled nursing and assisted living community in Ohio for $13.5 million. The community has 193 beds, and generates an … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, is exercising its option to call for redemption 100% of the outstanding warrants to purchase shares of common stock sold in its initial public offering in November 2006 … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, reported unaudited financial results for the second quarter ended June 30, 2011. Q2 2011 Financial Highlights Record revenues of $34.8 million, up 10% sequentially and up 459% from … Continue reading →

AdCare Health Systems, Inc., a leading nursing home and assisted living provider, will hold a conference call on Thursday, August 11, 2011 at 5:00 p.m. Eastern time to discuss results for the second quarter ended June 30, 2011. Financial results … Continue reading →

AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living for seniors, has determined that after reviewing the final rule on Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities for FY2012 as issued by The … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, has signed a definitive agreement to acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia, and Tennessee for $38.5 million. … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, is expected to join the Russell Microcap® Index when Russell Investments reconstitutes its family of U.S. indexes on June 24, 2011, according to a preliminary list of additions … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, has appointed Martin D. Brew as chief financial officer effective as of the company’s annual shareholder meeting today, Friday, June 3, 2011. Brew succeeds Scott Cunningham, who will … Continue reading →

AdCare Health Systems, Inc., a leading skilled nursing and assisted living provider, has closed the previously announced acquisition of a skilled nursing facility in College Park, Georgia. The addition of this facility completes the three acquisitions in Georgia previously announced, … Continue reading →