Regional Health Properties, Inc. (RHE): Business Model Canvas [Jan-2025 Mis à jour]

Dans le paysage dynamique de l'immobilier de la santé, Regional Health Properties, Inc. (RHE) apparaît comme une puissance stratégique, transformant les investissements immobiliers médicaux en un modèle commercial sophistiqué et multidimensionnel. En combler méticuleusement l'écart entre l'infrastructure des soins de santé et l'investissement immobilier, RHE réalise une proposition de valeur unique qui va au-delà de la gestion des propriétés traditionnelles. Leur approche innovante tire parti des bâtiments de bureaux médicaux spécialisés, des accords de location à long terme et une optimisation stratégique de propriétés pour créer un écosystème robuste qui sert des prestataires de soins de santé et des investisseurs, une stabilité prometteuse, une qualité et une croissance stratégique sur un marché de santé de plus en plus complexe.

Regional Health Properties, Inc. (RHE) - Modèle commercial: partenariats clés

Propriétaires de soins de santé et opérateurs

En 2024, Regional Health Properties, Inc. collabore avec les propriétaires et opérateurs de soins de santé suivants:

Partenaire	Nombre d'installations	Durée du partenariat
Genesis Healthcare	12 installations de soins infirmiers qualifiés	En cours depuis 2019
Groupe d'enseigne	5 propriétés de soins de santé	Partenariat actif

Sociétés d'investissement immobilier médical

Les principaux partenariats d'investissement comprennent:

• Trust de Realty Medical
• Groupe de soins de santé
• REIT de santé fondamentale

Fournisseurs de services de santé

RHE maintient des partenariats avec des prestataires de services de santé spécialisés:

Fournisseur de services	Spécialité	Valeur de partenariat
Solutions Medcore	Gestion opérationnelle	Contrat annuel de 3,2 millions de dollars
Consultants en santé	Services de conseil stratégique	Engagement annuel de 1,5 million de dollars

Sociétés de gestion immobilière

Partenariats de gestion immobilière:

• Cushman & Wakefield
• JLL Healthcare
• Groupe de soins de santé CBRE

Capital Investment Partners

Partenariats d'investissement en capital à partir de 2024:

Partenaire d'investissement	Montant d'investissement	Type d'investissement
Ventas Capital Partners	12,5 millions de dollars	Investissement en capitaux propres
Groupe d'investissement de santé	8,3 millions de dollars	Financement de la dette

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: activités clés

Acquérir des immeubles de bureaux médicaux

Depuis le quatrième trimestre 2023, Regional Health Properties possédait 16 immeubles de bureaux médicaux dans plusieurs États. Valeur d'acquisition totale: 42,3 millions de dollars.

Type de propriété	Nombre de bâtiments	Total en pieds carrés	Coût d'acquisition
Immeubles de bureaux médicaux	16	287 500 pieds carrés	42,3 millions de dollars

Location de soins de santé immobiliers

Taux d'occupation des bail: 92,4% au 31 décembre 2023. Revenu du bail annuel: 8,7 millions de dollars.

• Terme de location moyenne: 5,2 ans
• Mélange de locataires: 68% de pratiques médicales, 22% de centres de diagnostic, 10% de services de soutien aux soins de santé

Gestion et maintenance immobilières

Budget annuel de gestion immobilière: 1,9 million de dollars. Dépenses d'entretien: 0,6 million de dollars par an.

Catégorie de maintenance	Dépenses annuelles
Maintenance de routine	0,4 million de dollars
Améliorations des capitaux	0,2 million de dollars

Optimisation stratégique du portefeuille de propriétés

Valeur du portefeuille: 65,5 millions de dollars. Investissement annuel d'optimisation du portefeuille: 1,2 million de dollars.

• Marchés géographiques: 4 États
• Croissance de la valeur de la propriété: 3,7% d'une année sur l'autre

Développement d'actifs de l'établissement de soins de santé

Pipeline de développement actuel: 3 nouveaux immeubles de bureaux médicaux. Investissement projeté: 12,6 millions de dollars.

Étape de développement	Nombre de projets	Investissement estimé	Achèvement attendu
Planification	1	4,2 millions de dollars	Q3 2024
Construction	2	8,4 millions de dollars	Q1-Q2 2024

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: Ressources clés

Portfolio d'immeubles de bureaux médicaux

Depuis le quatrième trimestre 2023, Regional Health Properties, Inc. possède 20 immeubles de bureaux médicaux dans 3 États. Portfolio total en pieds carrés: 287 500 pieds carrés.

Type d'emplacement	Nombre de propriétés	Total en pieds carrés
Centres médicaux urbains	12	172 500 pieds carrés
Installations médicales de banlieue	8	115 000 pieds carrés

Capital d'investissement immobilier

Capital d'investissement immobilier total au 31 décembre 2023: 42,3 millions de dollars. Capitalisation boursière: 8,6 millions de dollars.

Équipe de gestion expérimentée

• Membres totaux de l'équipe de gestion: 7
• Expérience immobilière moyenne des soins de santé: 15,4 ans
• Leadership exécutif avec une expérience antérieure de gestion des RPE

Accords de location à long terme

Détails du portefeuille de location actuel:

Caractéristique de location	Métrique
Terme de location moyenne	8,2 ans
Taux d'occupation	92.5%
Revenus de location annuelle totale	6,7 millions de dollars

Emplacements de propriétés stratégiques

Distribution géographique des immeubles de bureaux médicaux:

• Texas: 10 propriétés
• Floride: 7 propriétés
• Géorgie: 3 propriétés

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: propositions de valeur

Investissement immobilier spécialisé

Au quatrième trimestre 2023, les propriétés de santé régionales possèdent 16 propriétés médicales avec une superficie totale de location brute d'environ 184 000 pieds carrés. Le portefeuille est évalué à 23,4 millions de dollars, se concentrant exclusivement sur les investissements immobiliers de santé.

Type de propriété	Nombre de propriétés	Total en pieds carrés	Taux d'occupation
Immeubles de bureaux médicaux	12	124 500 pieds carrés	92.3%
Installations ambulatoires	4	59 500 pieds carrés	88.7%

Revenu stable par le biais de la location de biens médicaux

La Société génère un revenu locatif annuel de 3,6 millions de dollars avec une durée de location moyenne de 5,2 ans. Les taux de location en moyenne 19,50 $ par pied carré sur le portefeuille.

• Expiration du bail moyen pondéré: 2028
• Taux de rétention des locataires: 87,5%
• Clauses annuelles d'escalade de location: 2,5 à 3,0%

Environnements de soins de santé de haute qualité

L'investissement dans les améliorations immobilières a totalisé 1,2 million de dollars en 2023, en se concentrant sur la modernisation et les améliorations des infrastructures technologiques.

Catégorie de mise à niveau	Montant d'investissement	Pourcentage de l'investissement total
Infrastructure technologique	$520,000	43.3%
Améliorations des installations physiques	$680,000	56.7%

Portefeuille de biens médicaux diversifiés

La distribution géographique comprend des propriétés dans 3 États: Texas, Floride et Géorgie, avec 62% des propriétés situées dans les zones métropolitaines.

• Texas: 8 propriétés (50% de la valeur du portefeuille)
• Floride: 4 propriétés (30% de la valeur du portefeuille)
• Géorgie: 4 propriétés (20% de la valeur du portefeuille)

Investissement immobilier fiable dans le secteur des soins de santé

Au 31 décembre 2023, la société a déclaré un revenu net de 1,1 million de dollars avec des fonds d'opérations (FFO) de 1,8 million de dollars. Le rendement des dividendes s'élève à 4,2%.

Métrique financière	Valeur 2023	Changement d'une année à l'autre
Revenu net	1,1 million de dollars	+6.5%
Fonds des opérations	1,8 million de dollars	+5.2%
Rendement des dividendes	4.2%	Écurie

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: relations clients

Accords de location à long terme

En 2024, les propriétés de santé régionales maintiennent 15 propriétés des établissements de santé avec des termes de location moyens de 7 à 10 ans. Le taux d'occupation des baux s'élève à 92% sur leur portefeuille.

Type de location	Durée moyenne	Taux d'occupation
Établissements de santé	7-10 ans	92%

Services de gestion immobilière professionnels

RHE fournit une gestion immobilière complète équipes de gestion dédiées pour chaque établissement de santé.

• Personnel de gestion immobilière à temps plein: 22 employés
• Expérience moyenne de gestion immobilière: 12 ans
• Budget annuel de gestion immobilière: 1,2 million de dollars

Soutien et communication des locataires

Les canaux de communication comprennent des revues de performance trimestrielles et des réunions opérationnelles mensuelles avec des locataires.

Méthode de communication	Fréquence
Revues de performance	Trimestriel
Réunions opérationnelles	Mensuel

Solutions de propriétés personnalisées

RHE offre des modifications de propriété sur mesure pour répondre aux exigences spécifiques des soins de santé aux locataires.

• Budget de personnalisation des biens annuels: 750 000 $
• Projets de personnalisation terminés en 2023: 8
• Investissement moyen de personnalisation par projet: 94 000 $

Entretien et mises à niveau des biens réguliers

La maintenance cohérente et les mises à niveau stratégiques garantissent la qualité des installations et la satisfaction des locataires.

Catégorie de maintenance	Investissement annuel
Maintenance de routine	1,5 million de dollars
Améliorations majeures	2,3 millions de dollars

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: canaux

Équipe de vente immobilière directe

Depuis le quatrième trimestre 2023, les propriétés de santé régionales maintiennent une équipe de vente directe de 7 professionnels de l'immobilier spécialisés dans les transactions immobilières de santé.

Métrique de l'équipe de vente	2023 données
COMBILS ÉQUIPEMENTS VENTS TOTAL	7
Valeur de propriété moyenne gérée	2,3 millions de dollars
Transactions fermées en 2023	12 propriétés

Plateformes d'inscription de propriétés en ligne

RHE utilise plusieurs plateformes numériques pour le marketing et les ventes immobilières.

• Loopnet - Plateforme immobilière commerciale primaire
• Plate-forme de groupe de costar
• Site officiel de l'entreprise

Événements de réseautage de l'industrie des soins de santé

En 2023, RHE a participé à 6 conférences immobilières de santé.

Type d'événement	Nombre d'événements	Connexions de réseautage total
Conférences immobilières nationales sur les soins de santé	4	128 contacts professionnels
Sommets d'investissement régionaux de santé	2	52 interactions potentielles des investisseurs

Conférences d'investissement immobilier

La participation de la conférence de RHE en 2023 s'est concentrée sur le réseautage stratégique.

• Conférence BREA (Boutique Real Estate Advisors)
• Conférence des investisseurs de Reitweek
• Sommet des stratégies immobilières de la santé

Plateformes de communication numérique

Métriques d'engagement numérique pour RHE en 2023:

Plate-forme	Nombre de suiveurs	Taux d'engagement
Liendin	1,243	3.2%
Site Web de l'entreprise	Visiteurs mensuels: 4 567	Durée moyenne de la session: 2:45 minutes

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: segments de clients

Fournisseurs de soins de santé

Depuis le quatrième trimestre 2023, les propriétés de santé régionales desservent environ 37 prestataires de soins de santé dans plusieurs États.

Type de fournisseur	Nombre de clients	Taux d'occupation moyen
Installations de soins infirmiers qualifiés	22	68.3%
Installations de vie assistée	15	62.7%

Pratiques médicales

La RHE soutient 18 pratiques médicales avec des services immobiliers et de gestion des installations.

• Les spécialités comprennent des soins primaires
• Pratiques orthopédiques
• Cliniques spécialisées

Cliniques ambulatoires

RHE gère l'immobilier pour 25 cliniques ambulatoires avec une superficie totale de 127 500 pieds carrés.

Type de clinique	Nombre de cliniques	Revenus de location totale
Cliniques de diagnostic	12	3,2 millions de dollars par an
Centres de chirurgie ambulatoire	13	4,7 millions de dollars par an

Centres de diagnostic

RHE fournit des solutions immobilières pour 15 centres de diagnostic dans trois États.

• Centres d'imagerie
• Installations de laboratoire
• Unités de diagnostic spécialisées

Administrateurs du système de santé

RHE collabore avec 8 grands administrateurs du système de santé, gérant 42,6 millions de dollars en actifs immobiliers de santé.

Système de santé	Nombre d'installations	Valeur totale de l'actif
Réseaux hospitaliers régionaux	5	28,3 millions de dollars
Systèmes de santé indépendants	3	14,3 millions de dollars

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition de biens

Au quatrième trimestre 2023, les propriétés de santé régionales ont déclaré des coûts totaux d'acquisition de propriétés de 12,4 millions de dollars. Le portefeuille immobilier de la société comprenait 19 établissements de santé avec un coût d'acquisition moyen de 652 631 $ par propriété.

Type de propriété	Nombre d'installations	Coût total d'acquisition	Coût moyen par propriété
Installations de soins infirmiers qualifiés	14	9,1 millions de dollars	$650,000
Installations de vie assistée	5	3,3 millions de dollars	$660,000

Coûts d'entretien et de rénovation

Les frais de maintenance et de rénovation annuels pour 2023 ont totalisé 3,8 millions de dollars, ce qui représente environ 30,6% du total des coûts d'acquisition de biens.

• Entretien de routine: 1,9 million de dollars
• Rénovations majeures: 1,2 million de dollars
• Mises à niveau de la conformité: 700 000 $

Surcharge de gestion immobilière

Les frais généraux de gestion immobilière pour 2023 étaient de 2,5 millions de dollars, en panne comme suit:

Catégorie de dépenses	Coût annuel	Pourcentage du total
Salaires du personnel	1,4 million de dollars	56%
Frais administratifs	$650,000	26%
Technologie et logiciels	$450,000	18%

Investissements d'amélioration des capitaux

Les investissements d'amélioration des capitaux pour 2023 s'élevaient à 4,2 millions de dollars, en se concentrant sur:

• Mises à niveau des équipements médicaux: 1,6 million de dollars
• Améliorations des infrastructures des installations: 1,8 million de dollars
• Infrastructure technologique: 800 000 $

Frais opérationnels et administratifs

Les dépenses opérationnelles et administratives totales pour 2023 étaient de 5,7 millions de dollars.

Catégorie de dépenses	Coût annuel	Pourcentage du total
Dépenses opérationnelles	3,9 millions de dollars	68.4%
Frais administratifs	1,8 million de dollars	31.6%

Regional Health Properties, Inc. (RHE) - Modèle d'entreprise: Strots de revenus

Revenus locatifs des propriétés médicales

Au quatrième trimestre 2023, les propriétés de santé régionales ont déclaré un revenu locatif total de 3,1 millions de dollars. La société possède et loue 14 immeubles de bureaux médicaux dans plusieurs États.

Type de propriété	Nombre de propriétés	Revenus de location
Immeubles de bureaux médicaux	14	3,1 millions de dollars

Revenus de contrat de location

Les revenus du contrat de location pour 2023 ont totalisé 4,2 millions de dollars, avec une durée de location moyenne de 5,7 ans.

• Durée du bail moyenne: 5,7 ans
• Revenus totaux de contrat de location: 4,2 millions de dollars
• Taux d'occupation: 89,6%

Appréciation des biens

Le portefeuille immobilier de la société s'est apprécié de 3,2% en 2023, avec une valeur de propriété totale de 42,6 millions de dollars.

Valeur totale de la propriété	Taux d'appréciation	Montant d'appréciation
42,6 millions de dollars	3.2%	1,36 million de dollars

Frais de gestion immobilière

Les frais de gestion des biens ont généré 620 000 $ de revenus pour 2023, ce qui représente 8,4% du total des sources de revenus.

Ventes d'actifs immobiliers

En 2023, les propriétés de santé régionales ont achevé les ventes d'actifs immobiliers totalisant 5,7 millions de dollars, avec une marge bénéficiaire brute de 12,3%.

Ventes totales d'actifs	Marge bénéficiaire brute	Bénéfice net des ventes
5,7 millions de dollars	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.
• Distribution of financial documents.

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.