BNET Industries
Market Cap:$8.8M
Last Fiscal Year Sales:$18.2M
- Public
- US
Dow Jones Description
Retirement Communities, Assisted Living Facilities, Nursing Homes, & Home Health Care Services Owner & Mgr
Chief Executive Officer, PresidentGary Wade
Number of Employees 850
Peer Companies
NAICS Code Nursing Care Facilities: 623110
Recent Events
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AdCare Health Systems, Inc. Turns Profitable; Reports 2009 First Quarter Earnings Results
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AdCare Health Systems, Inc. Reports Financial Results for 2008
News & Analysis
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adcare health systems inc. - All News and Analysis
AdCare Health Systems, Inc. Turns Profitable; Reports 2009 First Quarter Earnings Results
SPRINGFIELD, Ohio, May 18 /PRNewswire-FirstCall/ -- AdCare Health Systems, Inc. (NYSE Amex: ADK), an Ohio-based long-term care, home health care and management company, today reported financial results for its first quarter of 2009. Revenues for the quarter ended March 31st, 2009 were $6,384,889 as compared to $5,992,542...
ADK, DLK, AXR, DSL, HPY, PRS Have Been Added To Naked Short List Today.
M2 PRESSWIRE-2 August 2007-BUYINS.NET: ADK, DLK, AXR, DSL, HPY, PRS Have Been Added To Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:02082007 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
Financial Position Reviewed: Sector Specific Insight.
M2 PRESSWIRE-12 April 2007-Pinnacle Digest: Financial Position Reviewed: Sector Specific InsightC1994-2007 M2 COMMUNICATIONS LTD RDATE:12042007 To read this article in its entirety, visit www.pinnacledigest.com. AdCare Health Systems Inc. (AMEX: ADK) experienced a decrease in share value Wednesday combined with...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gary Wade | Chief Executive Officer, President |
| J Williams | Chief Operating Office, Executive Vice President |
| Scott Cunningham | Chief Financial Officer |
| Sharon Reynolds | Senior Vice President, Nursing Home Operations |
| Jackie Potter | Vice President of Human Resources |
| Kim Henry | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David A. Tenwick | Chairman |
| Jeffrey Levine | Board of Directors |
| Laurence Sturtz | Board of Directors |
| Philip Radcliffe | Board of Directors |
Known throughout his profession as a man of "impeccable integrity", Gary has worked in the health care industry since 1969. He earned his undergraduate degree at Ohio University and his MBA in Hospital and Health Care Administration from Xavier University. Under his leadership, AdCare has recruited professionals who are among the best and the brightest in their field.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Chief Executive Officer, President | Current |
| AdCare Health Systems Inc | Board of Directors | Current |
| Xavier University | Mba | Former |
| Ohio University | Undergraduate Degree | Former |
Mike directs the operations for all of AdCare's facilities and is involved in project development. He earned his Bachelor of Science from Bowling Green State University, his MBA from Central Michigan University and a Doctorate of Business from U.S. Open University. Mike's extensive experience in health care management is put to use in every facility AdCare manages.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Chief Operating Office, Executive Vice President | Current |
| AdCare Health Systems Inc | Board of Directors | Current |
| Open University | Doctorate of Business | Former |
| Central Michigan University | Mba | Former |
| Bowling Green State University | Bachelor of Science | Former |
Appointed Chief Financial Officer in August of 2004, Scott has been a member of the AdCare team since 1992, when he was hired to be the Director of Business Services at a nursing home managed by AdCare. He became Corporate Controller in 1997 and Treasurer in 1998. Scott is a graduate of Wright State University with a Bachelor of Science Degree in Accounting and Finance.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Chief Financial Officer | Current |
| AdCare Health Systems Inc | Corporate Controller | Former |
| Wright State University | Bachelor of Science Degree In Accounting and Finance. | Former |
Sharon has directed the development and implementation of numerous specialized programs such as a subacute nursing and rehabilitation program for technologically dependent children, pulmonary rehabilitation and ventilator management programs, a comprehensive rehabilitation program specializing in neurological and orthopedic impairment and a subacute nursing program for patients with complex medical conditions. Ms. Reynolds is a graduate of Franklin University where she earned her MBA. She has had several articles published and has been a speaker at a number of National Conventions.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Senior Vice President, Nursing Home Operations | Current |
| Franklin University | MBA | Former |
Jacqueline has provided guidance in all areas of the Human Resource arena for both the private and public sectors. Specific areas of proficiency include: boosting employee moral, providing compliance with state and federal labor laws, developing performance measurement tools, analyzing job descriptions, coordinating worker's compensation management, and implementing personnel-related policies and procedures. Jackie is a graduate of Park Collage with a Bachelor's Degree in Human Resource Management.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Vice President of Human Resources | Current |
Kim Henry was recruited by AdCare in 1997 to assist in development and operational management of assisted living residences. A seasoned health care professional, Kim oversees the operations of all assisted living homes including financial management, regulatory compliance, administrative and marketing supervision, personnel management and training, resident care and services.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Vice President | Current |
With extensive experience in mergers, acquisitions and raising capital, David specializes in corporate leadership and building companies from the ground floor up. In 1991, he formed Passport Retirement, a long term care company, which acquired AdCare Health Systems, Inc., in 1995. David received his BBA and JD degrees from the University of Cincinnati.
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Chairman | Current |
| Capital City Energy Group, Inc. | Board of Directors | Current |
| Ohio State Bar Association | Member | Current |
| AdCare Health Systems Inc | Board of Directors | Former |
| University of Cincinnati | B.B.A. & J.D. Degrees | Former |
| Ohio Assisted Living Association | Founding Member | Former |
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AdCare Health Systems Inc | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
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Sun Healthcare Group, Inc., Q1 2009 Earnings Call Transcript
on May 27, 2009about SUNH
-
Aflac Incorporated 2009 Financial Analyst Briefing Transcript
on May 20, 2009about AFL
-
Medtronic, Inc. F4Q09 (Qtr End 04/24/09) Earnings Call Transcript
on May 19, 2009about MDT
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Thoratec Corporation Q1 2009 Earnings Call Transcript
on May 11, 2009about THOR
-
ResMed F3Q09 (Qtr End 3/31/09) Earnings Call Transcript
on May 07, 2009about RMD