AdCare Health Systems, Inc. (AdCare) is a developer, owner and manager of retirement communities, assisted living facilities, nursing homes, and provide home health care services in the state of Ohio. The Company manages 16 facilities, consisting of six skilled nursing centers, seven assisted living residences and three independent living/senior housing facilities, totaling over 850 units. The Company has an ownership interest in eight of the facilities it manages, consisting of 100% ownership of two of the skilled nursing centers and three assisted living facility, as well as a 50% ownership of three of the assisted living facilities. The assisted living facilities that the Company owns operate under the name Hearth & Home, with the tag line Home is where the hearth is… The Company also maintain a development/consulting initiative, which is strategic in providing potential management opportunities to its core long-term care business.
(Source: 10-K) – less–ZoomInfo