Accountable Healthcare Holdings Corp Completes Oversubscribed Follow on Equity Raise
BOCA RATON, Fla., Sept. 10, 2012 /PRNewswire-iReach/ -- Accountable Healthcare Holdings Corp, "AHHC", a provider of quality healthcare staffing solutions, today announced that it successfully completed its second round equity raise. Similar to the first round, the follow-up equity raise was oversubscribed.
"We are very pleased with the results of our second private placement. We are well capitalized to execute our business plan which calls for making strategic healthcare staffing acquisitions and opening new locations", stated Robert J. Adamson, Chairman & CEO of Accountable Healthcare Holdings Corp. "Our most recent effort was comprised of a mix of repeat investors from our April round as well as bringing onboard several new investors who were looking for high growth healthcare services opportunities. And now that Accountable is headed toward a revenue run rate north of $50 million annually, investing in AHHC certainly fits that bill."
Since the company's inception, Accountable has opened nine de novo offices with an additional five new markets to open in the next ninety days. Accountable has completed four acquisitions in 2012 with the next transaction slated to close within thirty days. In total, Accountable presently operates fifteen offices throughout the US.
With over two centuries of combined experience between their Executive Management and Branch Teams, Accountable Healthcare Holdings Corp is a provider of quality healthcare staffing solutions. As one of the fastest growing healthcare staffing agencies in the country, AHS now has a local presence in Boca Raton, Clearwater, Jacksonville and Orlando, Florida, Houston and San Antonio, Texas, Albuquerque, New Mexico, Tulsa, Oklahoma, Portland, Oregon, East Brunswick and West Orange, New Jersey, Macon, Georgia and Stafford, Virginia. The Company's combined experience began in the '70s when healthcare staffing was just gaining recognition and momentum. Today, their teams bring together the experience and expertise of this dynamic industry as accountability and standards play an increasing role.
To learn more about Accountable Healthcare Staffing, view the Company's web page at AHCStaff.com.
SOURCE Accountable Healthcare Staffing