AdCare Health raises nearly $12M for nursing home acquisitions
Nursing home operation AdCare Health Systems Inc. (AMEX:ADK) has raised $11.8 million in debt to continue its aggressive acquisition strategy.
AdCare Health closes $6M equity sale, looks for acquisitions
Nursing homes operation AdCare Health Systems Inc. (NYSE Amex: ADK) has closed a $6 million equity sale that it plans to use to fund acquisitions. The long-term care provider sold 1.7 million shares at a price of $3.50 each to raise the sum, according to a statement from AdCare. AdCare netted $5.4 million from the […]
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Ohio’s Adcare Health raises $2.5M, looks to acquire assisted-living facilities and nursing homes
Publicly traded Adcare Health Systems Inc., which owns and operates nursing homes and assisted-living facilities, has raised $2.5 million to fund future acquisitions.