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 […]
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
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.