Maxwell Group Appoints Cassandra Heath as Vice President of Sales Management

CHARLOTTE, N.C. — Maxwell Group Inc., a retirement management group based in Charlotte, N.C., has appointed Cassandra Heath as vice president of sales management. Maxwell Group is the parent company of Senior Living Communities, owner and operator of nine retirement communities in the Southeast and Midwest; Live Long Well Care, a private-duty care service provider for seniors; and Wellmore, a new line of healthcare and wellness retirement communities.

AdCare Shakes Up Board of Directors, Continues Shift Away from Operations

ATLANTA— AdCare Health Systems Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a provider of senior living and healthcare facility management, continues its transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, with 35 of the company's 40 properties leased or sub-leased. As a result, the company’s board of directors declared a cash dividend on the common stock. The company also announced changes to the board of directors and a the hiring of a new chief financial officer.

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