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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 fifteen facilities, consisting of six skilled nursing centers, seven assisted living residences and two independent living/senior housing facilities, totaling over 800 beds. The Company has an ownership interest in seven of the facilities it manages, consisting of 100% ownership of two of the skilled nursing centers and one assisted living facility, as well as a 50% ownership of four of the assisted living residences. Its business operates in two segments: management and facility-based care and home-based care. The assisted living residences that it owns, operates under the name Hearth & Home. The Company also maintains a development/consulting initiative. All of its properties are located within the State of Ohio.(Source: 10KSB)