AdCare Health Systems third quarter 2013 revenues up 5 percent AdCare Wellness Systems.

Of these 47 facilities, 26 are owned, nine are leased, 11 are handled for third celebrations and one is certainly a consolidated adjustable interest entity. The facilities can be found in Alabama, Arkansas, Georgia, Missouri, NEW YORK, Ohio, South and Oklahoma Carolina.. AdCare Health Systems third quarter 2013 revenues up 5 percent AdCare Wellness Systems, Inc. , a leading long-term care provider, september 30 reported results for the 3rd quarter and nine a few months ended, 2013. Financial Highlights Revenues up 5 percent to $55.9 million from $53.2 million in the year-ago period Adjusted EBITDAR from continuing procedures was $5.4 million AdCare's financial results included a non-cash derivative gain of $2.0 million in comparison to a noncash derivative lack of $2.68 per share on the Company's 10.875 percent Series A Cumulative Redeemable Preferred Share that was paid on September 30, 2013 to holders of record at the close of business on September 20, 2013 Subsequent to the one fourth end, completed a public offering of 500,000 shares of its 10.875 percent Series A Cumulative Redeemable Preferred Stock; $11.2 million net proceeds to be used for general corporate purposes; completed offering eliminates embedded derivative from financial statements The third quarter is normally our seasonally slowest quarter and yet we delivered solid revenue growth from the entire year ago period for both third one fourth and the first nine months of 2013, said AdCare's president and ceo, Boyd P.Pharmacopeia, the public standards-establishing authority for all prescription and over-the-counter medicines, health supplements and various other health-care products sold and manufactured in the United States.. A third of chronically ill adults don’t tell their clinicians that they underuse medications due to cost About one-third of chronically ill adults who underuse medications due to the costs associated with buying the drugs, hardly ever tell their healthcare practitioners, in the September 13 problem of The Archives of Internal Medicine according to articles, among the JAMA/Archives journals. Patients concerned with out-of-pocket medication costs frequently limit their prescription medication use, according to background info in the article.