| Date | Title | | | 01/11/12 | AdCare Health Systems to Present at the Noble 8th Annual Equity Conference on January 17, 2012| SPRINGFIELD, OH, Jan 11, 2012 (MARKETWIRE via COMTEX) --AdCare Health Systems, Inc. (NYSE Amex: ADK), a nursing home and assisted living company, has been invited to present at the Noble Financial Capital Markets' 8th Annual Equity Conference. The conference will be held at the Hard Rock Hotel & Casino in Hollywood, Florida on January 17-18, 2012.
AdCare's CEO Boyd Gentry and its chief acquisition officer, Chris Brogdon, are scheduled to present on Tuesday, January 17, 2012 at 11:30 a.m. E... |
|  | | 01/06/12 | AdCare Health Systems to Acquire Three Skilled Nursing Facilities in Arkansas| SPRINGFIELD, OH, Jan 06, 2012 (MARKETWIRE via COMTEX) --AdCare Health Systems, Inc. (NYSE Amex: ADK), a leading nursing home and assisted living company, has signed a definitive purchase agreement for three skilled nursing facilities in Arkansas for $27.3 million.
The facilities have an aggregate of 439 beds and generate an estimated $22.2 million in gross annualized revenues according to their most recent financials. The acquisition is anticipated to be completed in the first quarter of 2012.... |
| | | 01/03/12 | AdCare Health Systems Completes Acquisition of Skilled Nursing and Assisted Living Center in Ohio for $12.5 Million| SPRINGFIELD, OH, Jan 03, 2012 (MARKETWIRE via COMTEX) --AdCare Health Systems, Inc. (NYSE Amex: ADK), a leading nursing home and assisted living company, has completed the previously announced agreement to purchase a skilled nursing and assisted living community in Ohio. The final purchase price was $12.5 million -- $1.0 million less than the initial purchase agreement -- with the effective closing date of December 30, 2011.
The community has 179 beds in service and generates an estimated $12 ... |
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