ATLANTA, May 17, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a leading long-term care provider, announced that, as expected, it did not file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 (the "2013 First Quarter Report") by the filing deadline of May 15, 2013 and would not be in a position to file such report by the extended filing deadline of May 20, 2013 afforded by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. The Company is also furnishing in this release certain preliminary unaudited financial data for the quarter ended March 31, 2013. This data has not been reviewed by the Company's independent regi...

ATLANTA, May 16, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA) announced today that it has issued to Ronald W. Fleming, who commenced serving as AdCare's Chief Financial Officer on May 15, 2013, a ten-year warrant to purchase 70,000 shares of AdCare's common stock with an exercise price of $5.90 per share. One-third of the shares underlying the warrant shall vest ratably on each of May 15, 2014, May 15, 2015 and May 15, 2016. The vesting of the underlying shares shall accelerate upon a change in control of AdCare. The warrant is exercisable for cash or by cashless exercise. The issuance of the warrant was approved by the Compensation Committee of AdCare...

ATLANTA, May 10, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (the "Company") announced today that Boyd Gentry, the Company's chief executive officer, will present at the following investor conference during May, 2013. What: 12th Annual JMP Securities Research Investor Conference When: Monday, May 13 at 11 a.m. PDT in the Terrace Room Where: Ritz-Carlton, 600 Stockton St., San Francisco What: 14th Annual B. Riley & Co. Investor Conference When: Monday, May 20, 2013 at 4 p.m. PDT in Arcadia EF Where: Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, Calif. To schedule one-on-one meetings for either conference, please contact your respective r...

Senior Finance Executive Has Extensive Experience in Healthcare Industry ATLANTA, May 1, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (the "Company") announced today that Ronald W. Fleming will join AdCare's senior management team as Chief Financial Officer, effective May 15, 2013. Mr. Fleming, a certified public accountant, has over 25 years' experience as a seasoned healthcare financial executive.   Most recently Mr. Fleming held the position of CFO for the largest oncology physician practice in Georgia with over 25 locations, 45 physicians, and annualized revenue approximating that of AdCare.  Prior to that, he was CFO of a skilled nursing startup that grew from ...

ATLANTA, April 23, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA) (the "Company"), a leading long-term care provider, today announced that, on April 17, 2013, the Company received a deficiency letter from NYSE MKT LLC (the "Exchange") indicating that the Exchange has determined that the Company is not in compliance with Sections 134 and 1101 of the Exchange's Company Guide (the "Company Guide") due to the Company's failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2012 with the Securities and Exchange Commission.  In addition, the Exchange asserted that the Company's failure to timely file its Annual Report on Form 10-...

ATLANTA, April 18, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a leading long-term care provider, confirmed that Brogdon Family, LLC, an affiliate of Christopher Brogdon, AdCare's Vice Chairman and beneficial owner of greater than 10% of the AdCare common stock, informed the AdCare Board of Directors on April 17, 2013 of its interest in commencing an unsolicited tender offer to acquire, at a price of $8.00 per share, such number of shares of AdCare common stock that would result in Mr. Brogdon beneficially owning at least 55%, but no more than 75%, of the outstanding shares of AdCare common stock (the "Tender Offer"). If and when the Tender Offer ...

ATLANTA, April 16, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a leading long-term care provider, today announced that the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2012, and the previously announced restatements of the Company's financial statements for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012, will be delayed beyond April 16, 2013 (the extended filing deadline for the Form 10-K). The Company is also furnishing in this release preliminary unaudited: (a) consolidated balance sheet as of December 31, 2012; and (b) consolidated statement of operations for the quarters ended March 3...

ATLANTA, March 26, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), a leading long-term care provider, today announced that it is postponing the release of its financial results for the fourth quarter and year end 2012 and its previously announced conference call to discuss such results originally scheduled for March 27, 2013.  The Company also announced that it will file a Form 12b-25 (Notification of Late Filing) with the Securities and Exchange Commission with respect to its annual report on Form 10-K for the year ended December 31, 2012.  The Form 12b-25 allows a company an additional 15 calendar days (or until April 16, 2013) to file its Form 10-K which otherwise would ...

ATLANTA, March 8, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend payment on the Company's 10.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock"). The dividend on the Series A Preferred Stock will be payable on April 1, 2013 to holders of record at the close of business on March 21, 2013.  The quarterly payment will be approximately $0.68 per share, which is equivalent to an annualized 10.875% per share of the $25.00 per share stated liquidation preference, accruing from January 1, 2013.  The Series A Preferred Stock is listed on t...

ATLANTA, March 6, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT : ADK ), a leading long-term care provider, will hold a conference call on Wednesday, March 27, 2013 at 5 p.m. Eastern time to discuss results for the fourth quarter and year ended December 31, 2012. Financial results will be issued in a press release prior to the call. AdCare President and CEO Boyd P. Gentry, CFO Martin D. Brew and Vice Chairman Chris Brogdon will host the presentation, followed by a question and answer period. Date: Wednesday, March 27, 2013 Time: 5 p.m. Eastern time Dial-In Number: 1-877-941-2068 International: 1-480-629-9712 Conference ID#: 4603443 Webcast: http://public.viavid.com/inde...

-- Leading Long-Term Care Provider Scheduled to Present on March 18, 2013 -- ATLANTA, Feb. 22, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (the "Company") announced today that Boyd Gentry, the Company's chief executive officer, will present at the 25th Annual ROTH Conference at 5 p.m. (PT), on March 18, 2013, Track 3, Salon 2 - Blue. The conference will be held March 17-20, 2013 at The Ritz Carlton, 1 Ritz Carlton Drive, Dana Point, Calif. AdCare Health Systems management will be available during the day on March 18 for one-on-one meetings. Please contact your Roth representative to schedule a meeting. Investors and other interested parties may access the live pre...