AdCare CEO Boyd Gentry and Chief Acquisition Officer Chris Brogdon are scheduled to present on Monday, March 12, 2012 at 12:00 p.m. Pacific time, and will have one-on-one meetings throughout the day. They will talk about the emerging opportunities in the highly fragmented health care segments of senior assisted living and elderly nursing care.
Mr. Gentry and Mr. Brogdon will also discuss the progress of AdCare’s M&A program designed to build upon its strong reputation for operational efficiency and high-quality living environments. With the recent acquisition of a skilled nursing and assisted living community in Ohio, plus 25 additional skilled nursing centers AdCare has signed and expects to acquire in the first half of 2012, the company’s annualized revenue run-rate is expected to exceed $355 million, which would represent an increase of 570% over revenues in 2010.
Investors unable to attend may view a live feed of the presentation via http://wsw.com/webcast/roth26/adk. A replay will also be available following the conference in the investor relations section of AdCare’s Web site at www.adcarehealth.com.
For more information about the conference, visit http://www.roth.com/main/page.aspx?PageID=7250
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