Regional Health Properties, Inc. (RHE): Business Model Canvas

In der dynamischen Landschaft der Gesundheitsimmobilien entwickelt sich Regional Health Properties, Inc. (RHE) zu einem strategischen Kraftpaket, das medizinische Immobilieninvestitionen in ein anspruchsvolles, mehrdimensionales Geschäftsmodell umwandelt. Durch die sorgfältige Überbrückung der Lücke zwischen Gesundheitsinfrastruktur und Immobilieninvestitionen schafft RHE ein einzigartiges Wertversprechen, das über die traditionelle Immobilienverwaltung hinausgeht. Ihr innovativer Ansatz nutzt spezialisierte medizinische Bürogebäude, langfristige Mietverträge und strategische Immobilienoptimierung, um ein robustes Ökosystem zu schaffen, das Gesundheitsdienstleistern und Investoren gleichermaßen dient und Stabilität, Qualität und strategisches Wachstum in einem immer komplexer werdenden Gesundheitsmarkt verspricht.

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Wichtige Partnerschaften

Eigentümer und Betreiber von Gesundheitseinrichtungen

Ab 2024 arbeitet Regional Health Properties, Inc. mit den folgenden Eigentümern und Betreibern von Gesundheitseinrichtungen zusammen:

Partner	Anzahl der Einrichtungen	Dauer der Partnerschaft
Genesis HealthCare	12 qualifizierte Pflegeeinrichtungen	Laufend seit 2019
Ensign-Gruppe	5 Gesundheitsimmobilien	Aktive Partnerschaft

Investmentfirmen für medizinische Immobilien

Zu den wichtigsten Investitionspartnerschaften gehören:

• Medical Realty Trust
• Healthcare Realty Group
• Fundamental Healthcare REIT

Gesundheitsdienstleister

RHE pflegt Partnerschaften mit spezialisierten Gesundheitsdienstleistern:

Dienstleister	Spezialität	Partnerschaftswert
MedCore-Lösungen	Betriebsführung	Jahresvertrag über 3,2 Millionen US-Dollar
Gesundheitssystemberater	Strategische Beratungsleistungen	1,5 Millionen US-Dollar jährliches Engagement

Immobilienverwaltungsunternehmen

Immobilienverwaltungspartnerschaften:

• Cushman & Wakefield
• JLL Healthcare
• CBRE Healthcare Group

Kapitalinvestitionspartner

Kapitalanlagepartnerschaften ab 2024:

Investmentpartner	Investitionsbetrag	Anlagetyp
Ventas Capital Partners	12,5 Millionen US-Dollar	Eigenkapitalinvestition
Investmentgruppe für das Gesundheitswesen	8,3 Millionen US-Dollar	Fremdfinanzierung

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Hauptaktivitäten

Erwerb medizinischer Bürogebäude

Im vierten Quartal 2023 besaß Regional Health Properties 16 medizinische Bürogebäude in mehreren Bundesstaaten. Gesamterwerbswert: 42,3 Millionen US-Dollar.

Immobilientyp	Anzahl der Gebäude	Gesamtquadratzahl	Anschaffungskosten
Medizinische Bürogebäude	16	287.500 Quadratfuß	42,3 Millionen US-Dollar

Leasing von Immobilien im Gesundheitswesen

Mietauslastung: 92,4 % zum 31. Dezember 2023. Jährliche Mieteinnahmen: 8,7 Millionen US-Dollar.

• Durchschnittliche Mietdauer: 5,2 Jahre
• Mietermix: 68 % Arztpraxen, 22 % Diagnosezentren, 10 % Gesundheitsdienstleistungen

Immobilienverwaltung und -wartung

Jährliches Budget für die Immobilienverwaltung: 1,9 Millionen US-Dollar. Wartungsausgaben: 0,6 Millionen US-Dollar pro Jahr.

Wartungskategorie	Jährliche Ausgaben
Routinewartung	0,4 Millionen US-Dollar
Kapitalverbesserungen	0,2 Millionen US-Dollar

Strategische Optimierung des Immobilienportfolios

Portfoliowert: 65,5 Millionen US-Dollar. Jährliche Investition in die Portfoliooptimierung: 1,2 Millionen US-Dollar.

• Geografische Märkte: 4 Staaten
• Immobilienwertwachstum: 3,7 % im Jahresvergleich

Vermögensentwicklung für Gesundheitseinrichtungen

Aktuelle Entwicklungspipeline: 3 neue Arztpraxisgebäude. Geplante Investition: 12,6 Millionen US-Dollar.

Entwicklungsphase	Anzahl der Projekte	Geschätzte Investition	Voraussichtliche Fertigstellung
Planung	1	4,2 Millionen US-Dollar	Q3 2024
Bau	2	8,4 Millionen US-Dollar	Q1-Q2 2024

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Schlüsselressourcen

Portfolio für medizinische Bürogebäude

Seit dem vierten Quartal 2023 besitzt Regional Health Properties, Inc. 20 medizinische Bürogebäude in drei Bundesstaaten. Gesamtfläche des Portfolios: 287.500 Quadratfuß.

Standorttyp	Anzahl der Eigenschaften	Gesamtquadratzahl
Städtische medizinische Zentren	12	172.500 Quadratfuß
Vorstädtische medizinische Einrichtungen	8	115.000 Quadratfuß

Immobilieninvestitionskapital

Gesamtinvestitionskapital für Immobilien zum 31. Dezember 2023: 42,3 Millionen US-Dollar. Marktkapitalisierung: 8,6 Millionen US-Dollar.

Erfahrenes Management-Team

• Gesamtzahl der Mitglieder des Managementteams: 7
• Durchschnittliche Erfahrung im Bereich Gesundheitsimmobilien: 15,4 Jahre
• Führungspersönlichkeit mit Erfahrung im REIT-Management

Langfristige Mietverträge

Details zum aktuellen Mietportfolio:

Leasingmerkmal	Metrisch
Durchschnittliche Mietdauer	8,2 Jahre
Auslastung	92.5%
Jährliche Gesamtmieteinnahmen	6,7 Millionen US-Dollar

Strategische Immobilienstandorte

Geografische Verteilung medizinischer Bürogebäude:

• Texas: 10 Immobilien
• Florida: 7 Immobilien
• Georgien: 3 Unterkünfte

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Wertversprechen

Spezialisierte Immobilieninvestitionen im Gesundheitswesen

Im vierten Quartal 2023 besitzt Regional Health Properties 16 medizinische Immobilien mit einer gesamten Bruttomietfläche von etwa 184.000 Quadratfuß. Das Portfolio hat einen Wert von 23,4 Millionen US-Dollar und konzentriert sich ausschließlich auf Investitionen in Gesundheitsimmobilien.

Immobilientyp	Anzahl der Eigenschaften	Gesamtquadratzahl	Auslastung
Medizinische Bürogebäude	12	124.500 Quadratfuß	92.3%
Ambulante Einrichtungen	4	59.500 Quadratfuß	88.7%

Stabiles Einkommen durch medizinisches Immobilienleasing

Das Unternehmen erwirtschaftet jährliche Mieteinnahmen von 3,6 Millionen US-Dollar bei einer durchschnittlichen Mietdauer von 5,2 Jahren. Die Mietzinsen im gesamten Portfolio betragen durchschnittlich 19,50 US-Dollar pro Quadratfuß.

• Gewichteter durchschnittlicher Mietvertragsablauf: 2028
• Mieterbindungsrate: 87,5 %
• Jährliche Mietpreissteigerungsklauseln: 2,5-3,0 %

Hochwertige Umgebungen für Gesundheitseinrichtungen

Die Investitionen in die Modernisierung von Immobilien beliefen sich im Jahr 2023 auf insgesamt 1,2 Millionen US-Dollar und konzentrierten sich auf Modernisierung und Verbesserungen der technologischen Infrastruktur.

Upgrade-Kategorie	Investitionsbetrag	Prozentsatz der Gesamtinvestition
Technologieinfrastruktur	$520,000	43.3%
Verbesserungen der physischen Einrichtungen	$680,000	56.7%

Diversifiziertes medizinisches Immobilienportfolio

Die geografische Verteilung umfasst Immobilien in drei Bundesstaaten: Texas, Florida und Georgia, wobei 62 % der Immobilien in Ballungsräumen liegen.

• Texas: 8 Immobilien (50 % des Portfoliowerts)
• Florida: 4 Immobilien (30 % des Portfoliowerts)
• Georgien: 4 Immobilien (20 % des Portfoliowerts)

Zuverlässige Immobilieninvestition im Gesundheitssektor

Zum 31. Dezember 2023 meldete das Unternehmen einen Nettogewinn von 1,1 Millionen US-Dollar bei einem Funds from Operations (FFO) von 1,8 Millionen US-Dollar. Die Dividendenrendite liegt bei 4,2 %.

Finanzkennzahl	Wert 2023	Veränderung im Jahresvergleich
Nettoeinkommen	1,1 Millionen US-Dollar	+6.5%
Mittel aus dem operativen Geschäft	1,8 Millionen US-Dollar	+5.2%
Dividendenrendite	4.2%	Stabil

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Kundenbeziehungen

Langfristige Mietverträge

Ab 2024 behält Regional Health Properties bei 15 Immobilien für Gesundheitseinrichtungen mit durchschnittlichen Mietlaufzeiten von 7-10 Jahren. Die Mietauslastung im gesamten Portfolio liegt bei 92 %.

Leasingtyp	Durchschnittliche Dauer	Auslastung
Gesundheitseinrichtungen	7-10 Jahre	92%

Professionelle Immobilienverwaltungsdienste

RHE bietet umfassende Immobilienverwaltung mit engagierte Managementteams für jede Gesundheitseinrichtung.

• Festangestelltes Personal in der Hausverwaltung: 22 Mitarbeiter
• Durchschnittliche Erfahrung in der Immobilienverwaltung: 12 Jahre
• Jährliches Budget für die Immobilienverwaltung: 1,2 Millionen US-Dollar

Mieterbetreuung und Kommunikation

Zu den Kommunikationskanälen gehören vierteljährliche Leistungsbeurteilungen und monatliche Betriebsbesprechungen mit Mietern.

Kommunikationsmethode	Häufigkeit
Leistungsbeurteilungen	Vierteljährlich
Betriebsbesprechungen	Monatlich

Maßgeschneiderte Immobilienlösungen

RHE bietet maßgeschneiderte Immobilienmodifikationen an, um den spezifischen Gesundheitsanforderungen der Mieter gerecht zu werden.

• Jährliches Budget für die Immobilienanpassung: 750.000 US-Dollar
• Im Jahr 2023 abgeschlossene Anpassungsprojekte: 8
• Durchschnittliche Anpassungsinvestition pro Projekt: 94.000 US-Dollar

Regelmäßige Instandhaltung und Modernisierung von Immobilien

Konsequente Wartung und strategische Modernisierungen gewährleisten die Qualität der Anlage und die Zufriedenheit der Mieter.

Wartungskategorie	Jährliche Investition
Routinewartung	1,5 Millionen Dollar
Wichtige Upgrades	2,3 Millionen US-Dollar

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Kanäle

Direktes Immobilienverkaufsteam

Seit dem vierten Quartal 2023 verfügt Regional Health Properties über ein Direktvertriebsteam von 7 Immobilienfachleuten, die auf Transaktionen mit Gesundheitsimmobilien spezialisiert sind.

Vertriebsteam-Metrik	Daten für 2023
Gesamtzahl der Mitglieder des Vertriebsteams	7
Durchschnittlicher verwalteter Immobilienwert	2,3 Millionen US-Dollar
Abgeschlossene Transaktionen im Jahr 2023	12 Eigenschaften

Online-Plattformen für die Auflistung von Immobilien

RHE nutzt mehrere digitale Plattformen für die Vermarktung und den Verkauf von Immobilien.

• LoopNet – Primäre Plattform für Gewerbeimmobilien
• CoStar Group-Plattform
• Offizielle Website des Unternehmens

Networking-Veranstaltungen für die Gesundheitsbranche

Im Jahr 2023 nahm RHE an sechs Konferenzen zum Thema Gesundheitsimmobilien teil.

Ereignistyp	Anzahl der Ereignisse	Gesamtzahl der Netzwerkverbindungen
Nationale Konferenzen zum Thema Gesundheitsimmobilien	4	128 professionelle Kontakte
Regionale Investitionsgipfel im Gesundheitswesen	2	52 potenzielle Investoreninteraktionen

Konferenzen zu Immobilieninvestitionen

Im Fokus der Konferenzteilnahme der RHE im Jahr 2023 stand die strategische Vernetzung.

• BREA-Konferenz (Boutique Real Estate Advisors).
• REITWEEK-Investorenkonferenz
• Gipfeltreffen zu Immobilienstrategien im Gesundheitswesen

Digitale Kommunikationsplattformen

Kennzahlen zum digitalen Engagement für RHE im Jahr 2023:

Plattform	Anzahl der Follower	Engagement-Rate
LinkedIn	1,243	3.2%
Unternehmenswebsite	Monatliche Besucher: 4.567	Durchschnittliche Sitzungsdauer: 2:45 Minuten

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Kundensegmente

Gesundheitsdienstleister

Im vierten Quartal 2023 beliefert Regional Health Properties etwa 37 Gesundheitsdienstleister in mehreren Bundesstaaten.

Anbietertyp	Anzahl der Kunden	Durchschnittliche Auslastung
Qualifizierte Pflegeeinrichtungen	22	68.3%
Einrichtungen für betreutes Wohnen	15	62.7%

Arztpraxen

RHE unterstützt 18 Arztpraxen mit Immobilien- und Facility-Management-Dienstleistungen.

• Zu den Spezialgebieten gehört die Grundversorgung
• Orthopädische Praxen
• Spezialkliniken

Ambulanzen

RHE verwaltet Immobilien für 25 Ambulanzen mit einer Gesamtfläche von 127.500 Quadratmetern.

Kliniktyp	Anzahl der Kliniken	Gesamte Leasingeinnahmen
Diagnosekliniken	12	3,2 Millionen US-Dollar pro Jahr
Zentren für ambulante Chirurgie	13	4,7 Millionen US-Dollar pro Jahr

Diagnosezentren

RHE bietet Immobilienlösungen für 15 Diagnosezentren in drei Bundesstaaten.

• Bildgebungszentren
• Laboreinrichtungen
• Spezialisierte Diagnoseeinheiten

Administratoren des Gesundheitssystems

RHE arbeitet mit acht großen Gesundheitssystemverwaltern zusammen und verwaltet Immobilien im Gesundheitsbereich im Wert von 42,6 Millionen US-Dollar.

Gesundheitssystem	Anzahl der Einrichtungen	Gesamtvermögenswert
Regionale Krankenhausnetzwerke	5	28,3 Millionen US-Dollar
Unabhängige Gesundheitssysteme	3	14,3 Millionen US-Dollar

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Kostenstruktur

Kosten für den Immobilienerwerb

Im vierten Quartal 2023 meldete Regional Health Properties Gesamtkosten für den Immobilienerwerb in Höhe von 12,4 Millionen US-Dollar. Das Immobilienportfolio des Unternehmens bestand aus 19 Gesundheitseinrichtungen mit durchschnittlichen Anschaffungskosten von 652.631 US-Dollar pro Immobilie.

Immobilientyp	Anzahl der Einrichtungen	Gesamtanschaffungskosten	Durchschnittliche Kosten pro Immobilie
Qualifizierte Pflegeeinrichtungen	14	9,1 Millionen US-Dollar	$650,000
Einrichtungen für betreutes Wohnen	5	3,3 Millionen US-Dollar	$660,000

Wartungs- und Renovierungskosten

Die jährlichen Wartungs- und Renovierungskosten für 2023 beliefen sich auf insgesamt 3,8 Millionen US-Dollar, was etwa 30,6 % der gesamten Immobilienerwerbskosten entspricht.

• Routinewartung: 1,9 Millionen US-Dollar
• Größere Renovierungen: 1,2 Millionen US-Dollar
• Compliance-Upgrades: 700.000 US-Dollar

Gemeinkosten für die Immobilienverwaltung

Die Gemeinkosten für die Immobilienverwaltung beliefen sich im Jahr 2023 auf 2,5 Millionen US-Dollar und setzten sich wie folgt zusammen:

Ausgabenkategorie	Jährliche Kosten	Prozentsatz der Gesamtsumme
Gehälter der Mitarbeiter	1,4 Millionen US-Dollar	56%
Verwaltungskosten	$650,000	26%
Technologie und Software	$450,000	18%

Kapitalverbesserungsinvestitionen

Die Kapitalverbesserungsinvestitionen für 2023 beliefen sich auf 4,2 Millionen US-Dollar und konzentrierten sich auf:

• Modernisierung medizinischer Geräte: 1,6 Millionen US-Dollar
• Verbesserungen der Anlageninfrastruktur: 1,8 Millionen US-Dollar
• Technologieinfrastruktur: 800.000 US-Dollar

Betriebs- und Verwaltungskosten

Die gesamten Betriebs- und Verwaltungskosten beliefen sich im Jahr 2023 auf 5,7 Millionen US-Dollar.

Ausgabenkategorie	Jährliche Kosten	Prozentsatz der Gesamtsumme
Betriebskosten	3,9 Millionen US-Dollar	68.4%
Verwaltungskosten	1,8 Millionen US-Dollar	31.6%

Regional Health Properties, Inc. (RHE) – Geschäftsmodell: Einnahmequellen

Mieteinnahmen aus medizinischen Immobilien

Im vierten Quartal 2023 meldete Regional Health Properties Gesamtmieteinnahmen von 3,1 Millionen US-Dollar. Das Unternehmen besitzt und mietet 14 medizinische Bürogebäude in mehreren Bundesstaaten.

Immobilientyp	Anzahl der Eigenschaften	Mieteinnahmen
Medizinische Bürogebäude	14	3,1 Millionen US-Dollar

Einnahmen aus Leasingverträgen

Die Einnahmen aus Leasingverträgen beliefen sich im Jahr 2023 auf insgesamt 4,2 Millionen US-Dollar, bei einer durchschnittlichen Leasinglaufzeit von 5,7 Jahren.

• Durchschnittliche Mietdauer: 5,7 Jahre
• Gesamteinnahmen aus Leasingverträgen: 4,2 Millionen US-Dollar
• Auslastung: 89,6 %

Wertschätzung von Immobilien

Das Immobilienportfolio des Unternehmens wertete im Jahr 2023 um 3,2 % auf einen Gesamtimmobilienwert von 42,6 Millionen US-Dollar auf.

Gesamtwert der Immobilie	Wertschätzungsrate	Wertschätzungsbetrag
42,6 Millionen US-Dollar	3.2%	1,36 Millionen US-Dollar

Gebühren für die Hausverwaltung

Die Gebühren für die Immobilienverwaltung erwirtschafteten im Jahr 2023 Einnahmen in Höhe von 620.000 US-Dollar, was 8,4 % der gesamten Einnahmequellen entspricht.

Verkauf von Immobilienvermögen

Im Jahr 2023 schloss Regional Health Properties Immobilienverkäufe im Wert von insgesamt 5,7 Millionen US-Dollar ab, mit einer Bruttogewinnmarge von 12,3 %.

Gesamte Vermögensverkäufe	Bruttogewinnspanne	Nettogewinn aus Verkäufen
5,7 Millionen US-Dollar	12.3%	$701,100

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Value Propositions

You're looking at the core reasons why customers, partners, and the market value Regional Health Properties, Inc. right now, especially after the SunLink Health Systems, Inc. merger finalized around July/August 2025. This isn't just about owning buildings anymore; it's about controlling the service delivery, too.

Vertically integrated real estate and healthcare services (post-merger)

The merger created a dual structure. Regional Health Properties, Inc. now operates with two reportable segments: the real estate segment and the healthcare services segment. Honestly, the majority of the revenue now flows from that healthcare services segment, which is a big shift from a pure holding company model. For the three months ended March 31, 2025, total revenues hit $7.2 million, a jump of 74.2% year-over-year, largely because patient care revenues from the Healthcare Services segment increased by 144.3%. This integration means direct operational control over facilities like Meadowood.

Stable, recurring rental income from triple-net leases

A key value is the predictable cash flow from the real estate side. As of June 30, 2025, the portfolio included 11 properties, with seven facilities held under triple-net leases and one leased facility that is subleased under a triple-net lease structure. This structure typically shifts most operating expenses to the tenant. Despite the shift toward operations, the trailing 12-month revenue as of September 30, 2025, was $38M. As of March 31, 2025, Regional Health Properties, Inc. was in compliance with its debt covenants, with $49.2 million in outstanding indebtedness.

Direct operational control for enhanced quality and efficiency

This value proposition comes directly from the post-merger structure, allowing Regional Health Properties, Inc. to manage operations directly in certain facilities. This control is applied across the portfolio, which as of June 30, 2025, totaled 11 properties, including nine skilled nursing facilities (SNFs) and two multi-service facilities, amounting to over 1,201 beds. The company's total investment in these healthcare real estate properties was approximately $67.9 million as of that same date.

Specialized memory care units

Regional Health Properties, Inc. offers specialized care offerings within its multi-service campuses. For example, Meadowood Retirement Village is specifically noted as a multi-service campus offering assisted living, memory care, and independent living services. The company manages facilities under various operator affiliations, including C.R. Management (2 facilities, 233 beds/units) and Aspire Regional Partners (3 facilities, 280 beds/units) under direct lease/sublease arrangements as of June 30, 2025.

Geographic diversification across states like Georgia and Ohio

The property portfolio is spread across different states, which helps mitigate localized market risks. The company has concentrations in Georgia and Ohio. Specific investment figures noted in a June 30, 2025 filing show property-related values associated with these states:

State	Reported Value (in USD)
Georgia	$7,285,682
Ohio	$4,059,240
South Carolina	$9,797,062

The total reported investment value across the listed states in that specific table was $51,960,700.

Here's a quick look at the segment revenue contribution for the first quarter of 2025:

• Total Revenues: $7.2 million
• Patient Care Revenues (Healthcare Services Segment): Increased by 144.3%
• Rental Revenues (Real Estate Segment): Decreased by 14.9% for the quarter

Finance: review the Q3 2025 Adjusted EBITDA trend against the Q1 2025 figure of $428,000 by Wednesday.

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Customer Relationships

Dedicated account management for third-party tenants

Regional Health Properties, Inc. focuses on leasing and subleasing facilities to external operators, which requires dedicated oversight for these third-party tenants. As of June 30, 2025, the portfolio included 5 facilities leased or subleased to separate tenants affiliated with named operators. Seven of the owned properties are held under triple-net leases, which shifts many operational responsibilities to the tenant but necessitates strong contractual relationship management. One specific example of a long-term relationship is the Vero Health Lease for the Mountain Trace Facility, structured as a triple net lease with an initial term of 10 years, with rent stated at approximately $0.5 million.

Direct patient care and service delivery in operated facilities

The Healthcare Services segment involves direct customer interaction through facilities operated by Regional Health Properties, Inc. As of June 30, 2025, 6 facilities were operated under third-party management agreements, representing 662 beds/units across those managed properties. The overall portfolio occupancy rate, reflecting the direct service delivery environment, stood at 66.2% as of June 30, 2025. The patient care revenues for the Healthcare Services segment for the six months ended June 30, 2025, were $14.4 million.

Manager Affiliation	Number of Facilities (as of 6/30/2025)	Beds / Units (as of 6/30/2025)
CJM Advisors	5	572
Cavalier Senior Living	1	90
Total Managed	6	662

Investor relations for preferred and common stockholders

Communication with stockholders is a key relationship focus for Regional Health Properties, Inc., which trades on the NYSE American under the symbol RHEP. The company seeks to enhance shareholder value through responsible communication practices. As of November 13, 2025, the market capitalization was $5.49M, based on 3.92 million shares outstanding, with a stock price of $1.43. The trailing 12-month revenue as of September 30, 2025, was $38 million. The relationship with preferred stockholders involves specific contractual obligations, such as the January 30, 2025 announcement of a dividend of 250,000 shares of Common Stock to holders of the 12.5% Series B Cumulative Redeemable Preferred Shares.

• Stock Price (as of 11/13/2025): $1.43
• Market Cap (as of 11/13/2025): $5.49M
• Shares Outstanding (as of 11/13/2025): 3.92M
• Series B Preferred Stock Dividend Declared (Jan 2025): 250,000 Common Shares

Long-term lease agreements with operators

The Real Estate segment relationship structure is built on long-term lease agreements, similar to a REIT structure, designed to generate predictable, recurring rental payments. As of June 30, 2025, Regional Health Properties, Inc. owned 11 properties, with 7 of these held pursuant to triple-net leases. The total investment in these eleven health care real estate properties was approximately $67.9 million as of that date. The company has 69 recorded Lease Agreements in its public filings.

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Channels

You're looking at how Regional Health Properties, Inc. gets its services and value propositions to its customers and stakeholders. It's a mix of direct operation, real estate transactions, and formal corporate communication. Honestly, the shift toward direct operation is a big deal for their channel strategy.

Direct facility operations (Healthcare Services segment)

Regional Health Properties, Inc. uses direct operation as a primary channel, especially after transitioning several facilities into this segment. As of the second quarter of 2025, the company stated they directly operate 50% of their facilities, which enhances control and alignment with their goals. This direct channel generated significant patient care revenues.

For the three months ended June 30, 2025, patient care revenues for the Healthcare Services segment hit $8.8 million, a substantial increase from $2.5 million for the same period in 2024. For the six months ended June 30, 2025, these revenues totaled $14.416 million.

The total revenue for the three months ended June 30, 2025, across both segments was $10.057 million.

Real estate leasing and sub-leasing transactions

The traditional channel for Regional Health Properties, Inc. remains real estate leasing and sub-leasing, which aligns with its roots as a healthcare real estate investment company. This channel involves leasing properties to third-party tenants who then operate the facilities. This strategy is designed to generate predictable rental income, similar to a REIT model, often using triple-net leases.

Rental revenue for the Real Estate segment showed a decrease for the first six months of 2025, coming in at $2.831 million compared to $3.617 million for the same period in 2024. For the three months ended June 30, 2025, rental revenue was $1.283 million, down from $1.8 million in the prior year's quarter. This decrease is tied to the transition of some facilities to the direct Healthcare Services segment.

As of June 30, 2025, the portfolio structure supporting these transactions included investments of approximately $67.9 million in twelve properties (eleven owned, one leased). Seven of these owned facilities operate pursuant to triple-net leases.

Here's a breakdown of the portfolio structure as of June 30, 2025, based on the real estate investments:

Property Type	Number of Facilities	Total Investment (in thousands USD)
Skilled Nursing Facilities (Owned)	9	51,960.700
Multi-Service Facilities (Owned)	2	15,938.776
Total Owned Properties	11	67,899.476
Leased Property (Subleased via triple-net lease)	1	Not Separately Itemized in Total Investment

Also, note that on November 10, 2025, Regional Health Properties, Inc. completed the sale of the Coosa Valley Health and Rehab facility for $10.6 million, expecting a gain of approximately $3.7 million in the quarter ending December 31, 2025.

Investor communication via SEC filings and press releases

Investor communication is a formal channel relying heavily on regulatory disclosures. Regional Health Properties, Inc. utilizes standard SEC filings to keep the market informed. Key documents include the comprehensive annual 10-K Report and the abbreviated quarterly 10-Q Report, which was filed for the period ending June 30, 2025. Special events, like the November 10, 2025, sale announcement, are communicated via an 8-K Report.

The company trades on the OTCQB under symbols such as RHEP. As of August 12, 2025, the registrant had 2,242,239 shares of common stock outstanding. As of November 13, 2025, the stock price was $1.43.

The company seeks to enhance shareholder value through responsible communication, which includes:

• Stock price and history data availability.
• Upcoming events and presentations updates.
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Management contracts with external operators

For facilities not directly operated, Regional Health Properties, Inc. uses management contracts as a channel to ensure asset performance. As of June 30, 2025, six facilities were operated under third-party management agreements with two external managers.

The company recently entered a new management contract with CJM Advisors to manage its South Carolina facilities and the Southland facility in Georgia. CJM Advisors manages 5 facilities totaling 572 beds/units.

The portfolio breakdown by operator affiliation as of June 30, 2025, shows:

Operator Affiliation	Number of Facilities	Beds / Units
C.R. Management	2	233
Aspire Regional Partners	3	280
Subtotal (Managed by Affiliates)	5	513
Cavalier Senior Living	1	90
CJM Advisors	5	572
Subtotal (Managed by Third-Party)	6	662
Total Managed Facilities	11	1,175

Past management agreements, such as the Vero Management Agreement for the Tara Facility, stipulated a monthly management fee equal to 5% of the Adjusted Gross Revenues, with the Company absorbing all net profits or losses from that facility's operation. The Peach Management Agreement involved a 4% fee plus additional percentages for meeting specific performance targets. This shows a clear structure for compensating external operators through the channel.

Finance: draft 13-week cash view by Friday.

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Customer Segments

Third-party healthcare facility operators (Real Estate segment)

Regional Health Properties, Inc. invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions.

• Facilities pursuant to triple-net leases: 7
• Facilities managed by external managers: 6, managed by 2 external managers
• Facilities managed on behalf of third-party owners: 3

The Real Estate Services segment includes leasing and subleasing facilities to third-party tenants.

Senior living and long-term care residents

The portfolio includes properties that provide senior living and long-term care services.

Portfolio Component	Count as of June 30, 2025
Total Health Care Real Estate Properties Owned/Leased	11 properties and 1 leased property
Skilled Nursing Facilities (SNFs) Owned	9
Multi-Service Facilities Owned	2
Total Licensed Beds/Units (Approximate)	Over 1,201
Average Occupancy Rate (June 2025)	66.8%

Patients requiring skilled nursing and rehabilitation services

The facilities provide a range of healthcare and related services for both long-term and short-stay patients.

• Patient care revenues increased 144.3% for the three months ended March 31, 2025, driven by the Healthcare Services segment.
• Patient care expense for the six months ended June 30, 2025: $11.6 million

Institutional and individual investors (common and preferred stock)

Regional Health Properties, Inc. seeks to enhance shareholder value through performance and communication.

Metric	Value as of Late 2025
Market Capitalization	$5.21 Million (as of Dec 4, 2025 close)
Shares Outstanding (Common Stock)	1.88 Million (as of Dec 4, 2025)
Stock Ticker	OTCQB: RHEP
Domestic Funds Holding (Schemes)	3 Schemes
Percentage Held by Domestic Funds	1.29%
Foreign Institutions Holding	0

The company has Regional Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares.

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Cost Structure

You're looking at the core outflows for Regional Health Properties, Inc. (RHE) as they operate and manage their healthcare real estate platform, especially after the recent vertical integration moves. The cost structure is heavily influenced by the direct costs of operating the facilities they took back into their Healthcare Services segment.

The primary cost drivers for Regional Health Properties, Inc. (RHE) for the six months ended June 30, 2025, are detailed below. These figures reflect the impact of transitioning facilities like Mountain Trace, Georgetown, Southland, and Sumter to direct operation within the Healthcare Services segment, which significantly increased direct operating costs compared to prior periods. It's defintely a shift from a pure triple-net lease model.

Key Expense Components (Six Months Ended June 30, 2025):

• High patient care expense: This was reported at $11.6 million for the six months ended June 30, 2025. This represents a substantial increase, primarily due to taking on the direct operation of several facilities.
• General and administrative expenses: These expenses totaled $4.7 million for the same six-month period in 2025. This increase, up 74.1% from the prior year period, is also linked to the transition of those four facilities to the Healthcare Services segment.
• Facility rent expense: This cost was $0.4 million for the six months ended June 30, 2025.
• Interest expense on outstanding debt: As of June 30, 2025, Regional Health Properties, Inc. had outstanding indebtedness of $49.9 million with a weighted-average annual interest rate of 5.0%. Based on this, the estimated interest expense for the six-month period would be approximately $1.2475 million ($49.9 million 5.0% 6/12).
• Property taxes, insurance, and maintenance costs: While not explicitly itemized with a total for the six months ended June 30, 2025, these are inherent operating costs associated with owning and managing real estate assets, and the rising insurance costs are noted as a general risk factor for the business.

Here's a quick look at the major reported expenses for the six months ended June 30, 2025, in thousands:

Cost Category	Amount (in thousands)	Period
Patient Care Expense	11,600	Six Months Ended June 30, 2025
General and Administrative Expenses	4,700	Six Months Ended June 30, 2025
Facility Rent Expense	400	Six Months Ended June 30, 2025
Estimated Interest Expense (Calculated)	1,248	Six Months Ended June 30, 2025

The cost structure shows a heavy reliance on direct operating expenses now that Regional Health Properties, Inc. is directly operating 50% of its facilities. This contrasts with the historical focus on rental revenues from triple-net leases. The debt level of $49.9 million as of June 30, 2025, means that interest payments remain a fixed, non-trivial component of the ongoing costs.

Finance: draft 13-week cash view by Friday.

Regional Health Properties, Inc. (RHE) - Canvas Business Model: Revenue Streams

You're looking at how Regional Health Properties, Inc. brings in its money as of late 2025. The business model clearly leans heavily on direct patient services following strategic shifts. For the six months ended June 30, 2025, the company reported total revenue of $17.2 million.

The largest component of this revenue comes from patient care revenues, which is now the core focus of the Healthcare Services segment. This segment generated $14.4 million for the six months ended June 30, 2025. That's a massive 198.3% increase compared to the $4.8 million generated in the same six-month period of 2024, driven by the transition of several facilities into this operating segment. To be fair, this shift means the Real Estate Services segment's rental income has decreased.

Rental revenues from facility leases, which fall under the Real Estate Services segment, amounted to $2.8 million for the six months ended June 30, 2025. This figure represents a 21.7% decrease from the $3.6 million reported for the first six months of 2024. Also note that facility rent expense for the same six-month period was $0.4 million.

Here's a quick look at the revenue breakdown for the first half of 2025:

Revenue Source	Amount (Six Months Ended June 30, 2025)
Patient Care Revenues (Healthcare Services Segment)	$14.4 million
Rental Revenues (Real Estate Services Segment)	$2.8 million
Total Reported Revenue	$17.2 million

The company also generated $10.1 million in total revenue for the second quarter ended June 30, 2025, alone. The merger with SunLink Health Systems subsequent to the quarter-end is intended to integrate pharmacy and healthcare services, suggesting future revenue streams will incorporate these ancillary services more directly, though specific fee revenue for the six-month period isn't broken out separately in the summary data.

A significant, non-recurring revenue event occurred in late 2025. Regional Health Properties, Inc. completed the sale of the Coosa Valley Health and Rehab facility in November 2025 for $10.6 million. This strategic asset sale involved several cash movements at closing:

• Proceeds from strategic asset sales: $10.6 million
• Debt repaid at closing: Approximately $4.9 million
• Cash received at closing: Approximately $4.7 million
• Transaction expenses and escrow deposits: $0.6 million and $0.4 million, respectively

The company expects to report a gain on the sale of approximately $3.7 million in the results for the quarter ending December 31, 2025. You should track how the company deploys the net cash proceeds received from this transaction.

Key financial metrics tied to these revenue streams for the first half of 2025 include:

• Total Reported Revenue (Six Months Ended June 30, 2025): $17.2 million
• Adjusted EBITDA (Six Months Ended June 30, 2025): $964k
• Net cash provided by operating activities (Six Months Ended June 30, 2025): $805k

Finance: draft 13-week cash view by Friday.