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Overview
ADK Strategic Presentation 7.24.2014
Corporate Profile

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 »

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DateTitle 
10/15/14AdCare Announces Shareholder Approval of Strategic Plan to Transition to a Facilities Holding Company
Approves New Business Model Designed To Unlock Shareholder Value; Board Appoints Brent Morrison as Voting Board Member ATLANTA, Oct. 15, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA) today announced that at a special meeting of shareholders, held on October 14, 2014, the Company's shareholders approved certain leasing transactions, effectively authorizing AdCare to pursue the previously announced strategic plan to transition the Company to a healthcare p... 
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10/13/14AdCare Appoints William McBride III as CEO and President
- Industry Veteran to Lead Company's Transition to Property Owner and Leasing Company - ATLANTA, Oct. 13, 2014 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA) today announced that its Board of Directors has appointed William "Bill" McBride III as Chief Executive Officer and President and as a member of the board serving as a Class I director, effective immediately. A veteran of the REIT industry, Mr. McBride steps out of retirement to assume the positions. "... 
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10/03/14AdCare Health Systems Refinances Two Properties, Reduces Interest Expense
Long-term, HUD-Backed Financing Secured for Eaglewood and Glenvue Facilities ATLANTA, Oct. 3, 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 strategic plan to transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, it has closed credit facility agreements securing long-term financing for two properties: Woodland ... 
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09/24/14AdCare Health Systems Leases Two Alabama Facilities
AdCare Expects Transaction to Result in Facility Level Profits ATLANTA, Sept. 24, 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 strategic plan to transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, it has signed an agreement to lease two of its skilled nursing and rehabilitation facilities in Alabama to a loca... 
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