AdCare Health Systems

Aria faces allegations of 'gross self-dealing' in Arkansas bankruptcy case

Aria faces allegations of 'gross self-dealing' in Arkansas bankruptcy case

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Aria Health Group and its owners participated in "gross self-dealing and corporate wrong" by transferring money from debtors it controlled to itself in the months before and after those companies filed for bankruptcy in 2016, a federal complaint alleges.

AdCare shifts business plan

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AdCare Health Systems plans to divest its senior living properties and become a holding company, the firm announced.

AdCare hires new CFO, mulls moves after financial errors

AdCare hires new CFO, mulls moves after financial errors

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A turbulent spring at AdCare Health Systems Inc. included ongoing fallout from accounting errors that led to the appointment of a new chief financial officer, as well as a potential change in majority control of the company.