Adcare Health System Inc. well known for its contribution in skilled nursing and assisted living, will purchase four nursing homes in Arkansas and will also lease one facility in Missouri. The provider also announced on Monday that it has closed the remaining formalities in an $18 million acquisition of two other nursing homes.
The company expects revenue to grow next year after they have introduced an even better care solution for residents.
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
Have a senior living related news story or product release? Send us a message from the 'Contact Us' page.
Source:aoa.gov
Source:seniorliving.about.com