AdCare Health Systems, Inc. · Springfield, OH United States · (NYSE Alternext: ADK)
Company Description
More Companies in: Springfield, Ohio
More Companies in These Related Industries: Nursing Homes
View AdCare Health Systems, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Retirement keeps AdCare Health Systems working. The company manages about 15 assisted-living facilities, nursing homes, and independent retirement communities in Alabama and Ohio with a total of about 850 residences. It owns all or part of about half of its facilities, including the Hearth & Home assisted living facilities. Services include Alzheimer's and subacute care. AdCare also operates a home health care business, Assured Health Care, which offers nursing, therapy, and living assistance services, as well as administrative services for insurance coordination and caregiver hiring. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
AdCare Health Systems, Inc. Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key AdCare Health Systems, Inc. Financials
| Company Type | Public - NYSE Alternext: ADK Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 906 |
AdCare Health Systems, Inc. Executives
29 executives listed for AdCare Health Systems, Inc.'s Springfield, OH location.
| Title | Name & Bio | Contact |
| Chairman | David Tenwick | |
| Vice Chairman and Chief Acquisitions Officer | Chris Brogdon | |
| President, CEO, and Director | Gary Wade |
Competition
Competitive Landscape for AdCare Health Systems, Inc.
Demand for nursing care is linked to the demographics of the US population. The profitability of individual nursing facilities depends on efficient operations, as revenue per patient is largely controlled by the big government insurance programs, Medicare, and Medicaid. Large companies have some economies of scale in administration and purchasing, but small operators can compete effectively by offering better service. The industry is highly labor-intensive: annual revenue per worker is about $55,000. To read the full description, subscribe now.Top AdCare Health Systems, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!