Advocat Announces Purchase Agreement for Kansas Portfolio

Advocat Announces Purchase Agreement for Kansas Portfolio

BRENTWOOD, Tenn., March 6, 2013 (GLOBE NEWSWIRE) -- Advocat Inc.
(Nasdaq:AVCA), a premier provider of long term care services primarily in the
Southeast and Southwest, today announced a definitive agreement to purchase
five skilled nursing centers in Kansas for $15.5 million. The acquisition is
expected to close in the second quarter of 2013. The nursing centers have
annual revenues of approximately $24 million and are expected to be accretive
to earnings early in the Company's tenure as operator. The acquisition will be
financed in conjunction with a renewal and expansion of the Company's credit
facility with a syndicate led by The PrivateBank.

Commenting on the transaction, Kelly J. Gill, the Company's President and
Chief Executive Officer, stated, "I am very pleased to continue our portfolio
expansion activity with the significant transaction announced today. The
acquisition of the Kansas facilities will increase our center count by more
than 10 percent. Moreover, these five buildings will be the beginning of a new
region for us in a state where we are excited to enter into operation. The
opportunity for us to expand our footprint, grow operating income and continue
to execute on our growth strategy sets a strong tone for this year. We are
also pleased to be deepening our relationship with our primary lender, The
PrivateBank, through a transaction that will increase our owned-facility
portfolio. Finally, and most important, the Kansas centers are staffed with a
wonderful work force who we look forward to welcoming into the Advocat


The "forward-looking statements" contained in this release are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are predictive in nature and are
frequently identified by the use of terms such as "may," "will," "should,"
"expect," "believe," "estimate," "intend," and similar words indicating
possible future expectations, events or actions. These forward-looking
statements reflect our current views with respect to future events and present
our estimates and assumptions only as of the date of this release. Actual
results could differ materially from those contemplated by the forward-looking
statements made in this release. In addition to any assumptions and other
factors referred to specifically in connection with such statements, other
factors, many of which are beyond our ability to control or predict, could
cause our actual results to differ materially from the results expressed or
implied in any forward-looking statements including, but not limited to, our
ability to successfully close the acquisition and to license, certify and
operate the new Kansas facilities, as well as other risk factors detailed in
the Company's Securities and Exchange Commission filings. The Company has
provided additional information in its Annual Report on Form 10-K for the
fiscal year ended December31, 2011, as well as in its other filings with the
Securities and Exchange Commission, which readers are encouraged to review for
further disclosure of other factors. These assumptions may not materialize to
the extent assumed, and risks and uncertainties may cause actual results to be
different from anticipated results. These risks and uncertainties also may
result in changes to the Company's business plans and prospects. Advocat Inc.
is not responsible for updating the information contained in this press
release beyond the published date, or for changes made to this document by
wire services or Internet services.

Advocat provides long-term care services to patients in 48 skilled nursing
centers containing 5,538 licensed nursing beds, primarily in the Southeast and
Southwest.For additional information about the Company, visit Advocat's web

CONTACT: Company Contact:
         Kelly J. Gill
         Chief Executive Officer
         Investor Relations:
         Charles Lynch
         Westwicke Partners
Press spacebar to pause and continue. Press esc to stop.