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AdCare Health Systems, Inc. Acquires Remaining Ownership in Van Wert Assisted Living Property.

Publication: PR Newswire
Publication Date: 05-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SPRINGFIELD, Ohio, Dec. 5 /PRNewswire-FirstCall/ -- AdCare Health Systems, Inc. (NYSE Alternext US: ADK), an Ohio based long term care, home health care and management company, announced today the completion of the acquisition of a 30-unit assisted living facility located in Van Wert, Ohio.

AdCare Health Systems developed the assisted living facility on three acres of land in a farming community located in northwest Ohio approximately ten years ago. The single-story property design created two separate "neighborhoods" of which each...

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