AdCare Health Systems Inc.
5057 Troy Road
Springfield,
OH 45502
United States - Map
Phone: 937-964-8974
Fax: 937-964-8961
Web Site: http://www.adcarehealth.com
| AdCare Health Systems, Inc. engages in the development, ownership, and management of retirement communities, assisted living facilities, and nursing homes, as well as provides home healthcare services in the state of Ohio. The company operates in two segments, Management and Facility-Based Care and Home-Based Care. The Management and Facility-Based Care segment operates and owns eight facilities; and manages assisted living facilities and nursing homes owned by third parties. This segment also offers development, consulting, and accounting services to third parties. It primarily owns and operates assisted living facilities under the Hearth & Home brand name. The Home-Based Care segment provides home health care services to patients while they are living in their own homes. As of December 31, 2008, it managed 16 facilities comprised of 6 skilled nursing centers, 7 assisted living residences, and 3 independent living/senior housing facilities, totaling approximately 850 units. The company was founded in 1989 and is based in Springfield, Ohio. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. David A. Tenwick , 71
Founder, Chairman and Member of Exec. Committee |
N/A
| N/A | Mr. Gary L. Wade , 71
Chief Exec. Officer, Pres, Director and Member of Exec. Committee |
N/A
| N/A | Mr. Scott Cunningham , 41
Chief Financial Officer and VP |
N/A
| N/A | Ms. Sharon L. Reynolds , 63
Sr. VP of Nursing Home Operations |
N/A
| N/A | Mr. Christopher Brogdon , 60
Vice Chairman and Chief Acquisitions Officer |
N/A
| N/A |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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1.25% Nasdaq 
0.10 (3.85%) 
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