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Adcare Health Systems Inc (ADK.A)

ADK.A on American Stock Exchange

1.34USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Adcare Health Q4 loss per share $0.02
Friday, 24 Mar 2017 08:00am EDT 

Adcare Health Systems Inc : Adcare health systems reports fourth quarter and full-year financial 2016 results . Q4 revenue fell 5.2 percent to $5.9 million . Q4 loss per share $0.02 .Adcare health systems-signed definitive purchase agreement to purchase an assisted living facility in alabama with 106 operational beds for $5.5 million.  Full Article

Adcare Health Systems says on Feb 13 Regional Health Properties filed registration statement on Form S-4 with SEC - SEC filing
Thursday, 16 Feb 2017 08:14am EST 

Adcare Health Systems Inc : Adcare Health Systems - on Feb 13 Regional Health Properties filed registration statement on Form S-4 with SEC - SEC filing . Adcare Health Systems Inc - proposing to reorganize corporate structure by merging with and into Regional Health Properties Inc -SEC filing .Adcare Health Systems Inc - anticipate holding a special meeting of shareholders in Q2 of 2017 for purpose of voting on proposed merger..  Full Article

AdCare Health Systems to purchase assisted living facility in Alabama
Thursday, 16 Feb 2017 08:00am EST 

AdCare Health Systems Inc - : Signed a letter of intent to purchase an assisted living facility with 106 operational beds located in Alabama for $5.5 million .Intends to finance acquisition with conventional mortgage debt and cash on hand.  Full Article

Adcare's Jeffersonville facility gets recertified
Tuesday, 20 Dec 2016 08:00am EST 

Adcare Health Systems Inc : Adcare Health Systems Inc - co has received a new medicare/medicaid provider contract .Company's Jeffersonville facility recertified by Centers For Medicare And Medicaid Services.  Full Article

AdCare completes HUD refinancing of South Carolina property
Thursday, 15 Dec 2016 08:00am EST 

AdCare Health Systems Inc: AdCare completes HUD refinancing of South Carolina property . Has refinanced short-term mortgage debt on company's Sumter facility .AdCare Health Systems - on Dec 14 refinanced mortgage debt on its Sumter, South Carolina property with $5.9 million of new mortgage debt maturing in 2046.  Full Article

Adcare Health Systems Q2 revenue rose 61 percent to $7.2 mln
Monday, 15 Aug 2016 08:00am EDT 

Adcare Health Systems Inc : Adcare Health Systems reports second quarter 2016 results .Q2 revenue rose 61 percent to $7.2 million.  Full Article

Adcare Health says New Beginnings Care becomes debtor in possession
Wednesday, 22 Jun 2016 06:14am EDT 

Adcare Health Systems Inc : New beginnings care, llc became a debtor in possession in a series of bankruptcy cases jointly administered under new beginnings care, llc, et al., bankr. e.d. Tn chattanooga division . Oceanside facility and jeffersonville facility were both decertified by center for medicare services .Pursuant to terms of a order issued in bankruptcy casem automatic stay was lifted, allowing co to take possession of facilities from new beginnings.  Full Article

Adcare Health Systems posts Q1 loss of $0.19/share
Tuesday, 17 May 2016 07:25am EDT 

Adcare Health Systems Inc : Adcare Health Systems reports first quarter 2016 results . Q1 revenue rose 355 percent to $7.1 million . Q1 loss per share $0.19 .Qtrly loss per share from continuing operations $0.16.  Full Article

AdCare Health Systems, Inc announces buyback program of up to 500,000 shares of common stock
Thursday, 12 Nov 2015 07:10am EST 

AdCare Health Systems, Inc:Announces share repurchase program of up to 500,000 shares of common stock.Says any share repurchases are expected to be funded from cash on hand and cash flows from operating activities.  Full Article

AdCare Health Systems Inc signs agreement to purchase florida facility for $4.8 million
Tuesday, 22 Sep 2015 08:00am EDT 

AdCare Health Systems Inc:Says it has signed a letter of intent to purchase a skilled nursing facility with 55 operational beds in Florida for about $4.8 million, net of reserves.  Full Article

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BRIEF-Adcare Health Q4 loss per share $0.02

* Adcare health systems reports fourth quarter and full-year financial 2016 results