AdCare Health Systems fired its CEO and chairman of the board, William McBride III, on Monday after an internal investigation revealed that he had lied about his educational background, the company said...
AdCare may change name to Regional Health Properties
By
Lois A. Bowers
Mar 27, 2017
AdCare Health Systems may change its name to Regional Health Properties under a reorganization to be considered at a special meeting of shareholders in the second quarter, the company announced March 24...
AdCare prepares compliance plan for NYSE listing
By
Lois A. Bowers
May 17, 2016
AdCare Health Systems has formulated a plan to get back into the good graces of the New York Stock Exchange, company officials told those participating in a first quarter 2016 earnings call on Tuesday.
AdCare faces possible stock exchange delisting
By
Lois A. Bowers
Apr 24, 2016
AdCare Health Systems faces potential delisting from the NYSE MKT stock exchange, the company shared in an April 22 filing with the Securities and Exchange Commission.
AdCare board changes follow Brogdon fraud charges
By
Lois A. Bowers
Dec 14, 2015
Healthcare real estate investment company AdCare Health Systems is not a defendant in the case against one of its former directors, but the company has changed board terms in the wake of the charges.
SEC charges senior living exec with fraud, freezes assets
By
Lois A. Bowers
Nov 20, 2015
An Atlanta-based businessman amassed nearly $190 million through municipal bond and private placement offerings in which investors purportedly earned interest from revenues generated by the assisted living...
AdCare shifts business plan
By
John O'Connor
Sep 01, 2014
AdCare Health Systems plans to divest its senior living properties and become a holding company, the firm announced.