AdCare Health Systems (ADK) Misses Q4 EPS by 28c

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Go back to AdCare Health Systems (ADK) Misses Q4 EPS by 28c

AdCare Health Systems Reports Fourth Quarter and Full-Year 2014 Results

March 31, 2015 4:01 PM EDT

ATLANTA, March 31, 2015 /PRNewswire/ --AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA) a recognized provider of senior living and healthcare facility management, today reported results for the fourth quarter and year ended December 31, 2014.  The company also provided an update on its transition to a healthcare facilities holding and leasing company.

Business and Financial Highlights

As of April 1, 2015, the company will have entered into agreements to lease, sublease, or manage 35 of its 40 healthcare facilities. With respect to these 35 healthcare... More