Accountable Healthcare Holdings Corp. Completes Upsized and Oversubscribed Equity Offering
BOCA RATON, Fla., Jan. 28, 2014 /PRNewswire-iReach/ -- Accountable Healthcare Holdings Corp. ("Accountable"), a provider of quality healthcare staffing solutions, today announced that it has completed its fourth private placement capital raise. The raise consisted of Series A convertible preferred shares. Similar to the three previous private placements, the raise was oversubscribed.
"We are very pleased with the results of our fourth 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 earlier private placements, as well as bringing in several new investors who were looking for high growth healthcare services opportunities.
Since inception, Accountable has opened 18 de novo offices in key markets. Accountable closed on the acquisition of HRN Services in December 2013, its ninth acquisition since inception. Accountable intends to pursue additional acquisition opportunities in 2014. In total, Accountable presently operates 40 offices throughout the US.
With over two centuries of combined experience between its Executive Management and Branch Teams, Accountable is one of the fastest growing healthcare staffing companies in the U.S. With offices in Arizona, California, Colorado, Florida, Georgia, Illinois, Maryland, Missouri, New Jersey, New Mexico, Nevada, North Carolina, Oklahoma, Oregon, Pennsylvania, Texas, Virginia and Washington state, the Company's combined expertise began in the '70s when healthcare staffing was just gaining recognition and momentum. Today, the Accountable team brings together market knowledge and insight that are reshaping healthcare service delivery with an emphasis on quality, integrity and clinical excellence.
To learn more about Accountable Healthcare Staffing®, visit the company's web page at www.AHCStaff.com.
Media Contact: Robert J. Adamson, Accountable Healthcare Staffing, Inc., (561) 235-7811, RobertAdamson@AHCStaff.com
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SOURCE Accountable Healthcare Staffing, Inc.