Accountable Healthcare Holdings Corp Completes Oversubscribed Note Offering

BOCA RATON, Fla., July 25, 2013 /PRNewswire-iReach/ -- Accountable Healthcare Holdings Corp ("Accountable"), a provider of quality healthcare staffing solutions, today announced that it successfully completed its third capital raise since inception. The raise consisted of 5-year Notes with detachable equity warrants. Similar to the two private placement equity rounds completed in 2012, the Note raise was oversubscribed.  

"We are very pleased with the results of our third private placement. We are well capitalized to execute our business plan which calls for making strategic healthcare staffing acquisitions and opening new 'de novo' locations", stated Robert J. Adamson, Chairman & CEO of Accountable Healthcare Holdings Corp. "We had a mix of repeat investors from our April and October 2012 equity rounds as well as bringing in several new investors."

Since inception, Accountable has opened 17 de novo offices in key markets.  Accountable closed on the acquisition of HGI Healthcare, Inc. on July 8th, the sixth acquisition since inception.  Accountable expects to close its seventh acquisition shortly.  In total, Accountable presently operates 29 offices throughout the US.   

With over two centuries of combined experience between their Executive Management and Branch Teams, AHS is one of the fastest growing healthcare staffing companies in the U.S.  With offices in Arizona, Colorado, Florida, Georgia, Illinois, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Texas and Virginia, the Company's combined expertise began in the '70s when healthcare staffing was just gaining recognition and momentum.  Today, AHS teams bring together market knowledge and insights that are reshaping service delivery with an emphasis on quality, integrity and clinical excellence.

To learn more about Accountable Healthcare Staffing, view the Company's web page at AHCStaff.com.

Media Contact: Robert J. Adamson, Accountable Healthcare Staffing, (561) 235-7811, RobertAdamson@AHCStaff.com

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SOURCE Accountable Healthcare Staffing




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