CHICAGO — Ziegler, a specialty healthcare investment bank and broker-dealer, has hired Eric Smith, managing director; Chris Claps, senior vice president; and Dan Contardi, vice president. The three comprise a newly formed specialty healthcare private equity practice.
Company News
ATLANTA — AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA), a long-term care provider, has signed an agreement with affiliates of Wellington Healthcare Services, an operator of long-term care facilities, to lease two of its skilled nursing facilities in Georgia. The move is part of AdCare’s ongoing strategic plan to transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company.