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AdCare Health Systems, Inc.

AdCare Health Systems, Inc.

Sector: Home Health Care Services Region: GA, United States


: | NYSE MKT: ADK | NYSE MKT: ADK.PRA


AdCare Health Systems, Inc. owns and manages skilled nursing facilities and assisted living facilities in the states of Arkansas, Alabama, Georgia, Missouri, North Carolina, Ohio and Oklahoma. The company's facilities provide health care services to patients and residents, including, skilled nursing and assisted living services, social services, various therapy services, and other rehabilitative and healthcare services for both long-term residents and short-stay patients. It operates through three segments: Skilled Nursing Facilities, Assisted Living Facilities and Corporate & Other. The Skilled Nursing Facilities segment and Assisted Living Facilities segment provide services to individuals needing long-term care in a nursing home or assisted living setting and management of those facilities. The Corporate & Other segment engages in the management of facilities and accounting and IT services. The company was founded by David A. Tenwick and Gary L. Wade on August 14, 1991 and is headquartered in Springfield, OH.

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