Founded in 1991, AdCare Health Systems, Inc. (NYSE MKT: ADK) is a leading provider of senior living and health care facility management, dedicated to providing the highest quality of healthcare services to the elderly. AdCare operates 38 facilities in Alabama, Arkansas, Georgia, Missouri, North Carolina, Ohio, Oklahoma, and South Carolina, with approximately 4,300 beds in service. The facilities comprise of 35 skille More »
|08/11/14||AdCare Health Systems Reports Second Quarter 2014 Results|
|Company Endeavors to Transition to a Facilities Holding Company
ATLANTA, Aug. 11, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA) a recognized provider of senior living and healthcare facility management, today reported results for the second quarter ended June 30, 2014.
Business and Financial Highlights
Board of Directors approved a strategic plan to transition the Company's business from owning and operating healthcare properties to owning and ... |
|07/23/14||AdCare Announces Strategic Plan to Transition to a Facilities Holding Company|
|New Business Model Designed To Optimize Cash Flow and Unlock Shareholder Value
Conference Call to Discuss Transition Scheduled for July 24, 2014 at 10 a.m.
ATLANTA, July 23, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a recognized provider of senior living and healthcare facility management, today announced that the Board of Directors has approved, and management has begun to implement, a strategic plan to transition the Company to a healthcare p... |
|06/23/14||AdCare Health Systems Leases South Georgia Facility|
|Transaction Will Result in Facility Level Profits
ATLANTA, June 23, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA), a leading long-term care provider, today announced that, as part of its ongoing rationalization plan, it has signed an agreement to sublease one of its skilled nursing and rehabilitation facilities in South Georgia to a local nursing home operator effective July 1, 2014. AdCare incurred losses of approximately $92,000 in connection with o... |
|06/10/14||AdCare Health Systems Reports Significant Operational Improvements at Oklahoma City Facility|
|Northwest Nursing Center Shows Census Growth, Improved Patient Mix, Demonstrating Initial Success of AdCare's Strategic Plan to Improve Facility-Level Operations
ATLANTA, June 10, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA) a leading long-term care provider, today reported that as part of the Company's strategic plan to improve facility level operations, the Northwest Nursing Center facility in Oklahoma City has achieved significant improvements in ce... |
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