AdCare management will discuss the emerging opportunities in the highly fragmented healthcare segments of senior assisted living and elderly nursing care, as well as talk about the progress of AdCare’s M&A program
Atlanta, GA (PRWEB) January 12, 2012
MissionIR would like to highlight AdCare Health Systems, Inc. (NYSE Amex: ADK). AdCare Health Systems is an expanding national leader in the development, ownership, and management of assisted living facilities, skilled nursing and retirement communities. The company's 3,600 employees provide high-quality care for patients and residents residing in the 44 facilities that it operates.
In the company’s news yesterday,
AdCare Health Systems announced it will be presenting at the Noble Financial Capital Markets’ 8th Annual Equity Conference. The conference will be held January 17-18, 2012, at the Hard Rock Hotel & Casino in Hollywood, Florida.
AdCare’s chief executive officer, Boyd Gentry, and chief acquisition officer, Chris Brogdon, are scheduled to present on Tuesday, January 17, 2012, at 11:30 a.m. Eastern time. One-on-one meetings with the management team will be held throughout the day. The presentation will be video webcast live and available for replay via the investor relations section of AdCare’s website at http://www.adcarehealth.com.
AdCare management will discuss the emerging opportunities in the highly fragmented healthcare segments of senior assisted living and elderly nursing care, as well as talk about the progress of AdCare’s M&A program designed to build upon the company’s strong reputation for operational efficiency and high-quality living environments. Including the M&A transactions AdCare has closed and in the process of closing, the company expects its annualized revenue run-rate to exceed $320 million, which would represent an increase of 500% over last year.
The conference will showcase approximately 140 small-cap and micro-cap companies. The companies selected for this conference are found within these four general sectors: healthcare, technology, software, defense and media/entertainment. In order to arrive at a distinguished roster of companies, Noble Financial’s senior equity research team evaluates close to 1,000 potential presenters.
Noble Financial, a research driven, full-service investment banking boutique, is as discriminating with its invitations to institutional investors as it is with the companies invited to present. Rather than just focusing on crowding the conference floor, Noble Financial carefully invites a smaller audience of investors with a large appetite for the companies presenting; quality always trumps quantity.
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.