breaking news

1 dead; 6 injured after ride malfunction at Ohio State Fair

AdCare’s move from Springfield all about logistics


The Springfield-based nursing home management company AdCare Health Systems Inc. recently moved its headquarters from Springfield to Atlanta to get closer to the majority of its facilities in the southeast.

The company owns and manages 46 properties nationally, including properties in Georgia, Alabama, South Carolina and Arkansas, according to AdCare’s 2013 annual report.

AdCare Chief Executive Officer Dave Tenwick said that most of the company’s business is currently conducted in the southeast, and that was the only reason the company moved in December of 2013.

“We had acquired more facilities outside the state of Ohio,” Tenwick said. “That’s the main reason we did it.”

The company still owns Eaglewood Village and Eaglewood Care Center in Springfield, as well as seven additional facilities in Ohio.

The move did not affect staffing at the company’s Springfield facilities, Tenwick said.

The company was founded in 1991 as Passport Retirement Inc. In 1995, the company changed its name to AdCare Health Systems Inc. AdCare began buying properties nationally in 2010 after going public and creating an expansion plan in 2006.

Tenwick said there were around 25 jobs in Springfield that were disrupted by the move to Georgia. He said that many were offered jobs in Atlanta, while some stayed in jobs at the facilities owned in Springfield and some left the organization.

Springfield Vice President of Economic Development Horton Hobbs said that he was unsure of the company’s reasons for departure, but was disappointed to AdCare leave Springfield.

“We are always disappointed when a company leaves the community,” Hobbs said.


Reader Comments ...


Next Up in Business

Want a free cheese coney tomorrow? Here’s how to get one
Want a free cheese coney tomorrow? Here’s how to get one

Gold Star Chili will give away free cheese coneys for National Chili Dog Day on Thursday. The Cincinnati-based chili chain is offering a free cheese coney with the purchase of any regular sized drink. The offer is available at every Gold Star restaurant in Cincinnati, Dayton, Lexington, Somerset and Ashland. » RELATED: Oakwood’s iconic...
Dill pickle pretzels? Auntie Anne’s choosing next pretzel flavor
Dill pickle pretzels? Auntie Anne’s choosing next pretzel flavor

Auntie Anne’s is unveiling its newest menu item, and wants its fans to choose the next flavor. The soft pretzel franchise is asking the public to decide which salty, sweet or spicy pretzel will be available at Auntie Anne’s stores nationwide. Fans can vote now through July 30 at www.pretzelnationcreation.com. “Since Auntie Anne&rsquo...
Owner of Key Chrysler in Xenia dies after suffering stroke
Owner of Key Chrysler in Xenia dies after suffering stroke

Friends and family are grieving after the loss of Terry Tobey, the owner of Key Chrysler in Xenia. Mr. Tobey, who lived in Beavercreek, died Tuesday after suffering a stroke, according to his family. He was 75. Terry Tobey will be remembered as a “loving, caring person” who gave back to the community and was always willing to help...
First Financial Bank merges with MainSource Bank in Ohio, other states
First Financial Bank merges with MainSource Bank in Ohio, other states

First Financial Bancorp and MainSource Financial Group have agreed to partner to form a new bank in Ohio, Indiana and Kentucky. The merger combines the two Midwest community banks to create a $13 billion institution with “scale and strength in commercial and retail banking, wealth management and specialty finance,” a company statement said...
Trump to announce which state gets major Apple supplier
Trump to announce which state gets major Apple supplier

3 P.M. UPDATE (ASSOCIATED PRESS): An invitation to President Donald Trump’s afternoon news conference with Wisconsin officials says electronics giant Foxconn will build a liquid-crystal display panel plant in Wisconsin. The Associated Press obtained the invitation from a person with knowledge of the Wednesday afternoon event at the White House...
More Stories