Regional Health Properties, Inc. (RHE): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico do Healthcare Real Estate, a Regional Health Properties, Inc. (RHE) surge como uma potência estratégica, transformando investimentos em propriedades médicas em um modelo de negócios sofisticado e multidimensional. Ao preencher meticulosamente a lacuna entre a infraestrutura de saúde e o investimento imobiliário, a RE cria uma proposta de valor única que vai além do gerenciamento tradicional de propriedades. Sua abordagem inovadora aproveita edifícios especializados em consultórios médicos, acordos de arrendamento de longo prazo e otimização estratégica de propriedades para criar um ecossistema robusto que atenda a prestadores de serviços de saúde e investidores, estabilidade promissora, qualidade e crescimento estratégico em um mercado de saúde cada vez mais complexo.

Regional Health Properties, Inc. (RHE) - Modelo de negócios: Parcerias -chave

Proprietários e operadores de instalações de saúde

A partir de 2024, a Regional Health Properties, Inc. colabora com os seguintes proprietários e operadores de instalações de saúde:

Parceiro	Número de instalações	Duração da parceria
Genesis Healthcare	12 instalações de enfermagem qualificadas	Em andamento desde 2019
Grupo de alferes	5 propriedades de saúde	Parceria ativa

Empresas de investimento imobiliário médico

As principais parcerias de investimento incluem:

• Medical Realty Trust
• Grupo de Saúde Realty
• REIT fundamental em saúde

Provedores de serviços de saúde

RHE mantém parcerias com provedores especializados de serviços de saúde:

Provedor de serviços	Especialidade	Valor da parceria
Medcore Solutions	Gerenciamento operacional	Contrato anual de US $ 3,2 milhões
Consultores do Sistema de Saúde	Serviços de consultoria estratégica	US $ 1,5 milhão de engajamento anual

Empresas de gerenciamento de propriedades

Parcerias de gerenciamento de propriedades:

• Cushman & Wakefield
• JLL Healthcare
• CBRE Healthcare Group

Parceiros de investimento de capital

Parcerias de investimento de capital em 2024:

Parceiro de investimento	Valor do investimento	Tipo de investimento
Ventas Capital Partners	US $ 12,5 milhões	Investimento em ações
Grupo de Investimento em Saúde	US $ 8,3 milhões	Financiamento da dívida

Regional Health Properties, Inc. (RHE) - Modelo de negócios: Atividades -chave

Aquisição de edifícios de consultórios médicos

A partir do quarto trimestre 2023, as propriedades regionais de saúde possuíam 16 edifícios de consultórios médicos em vários estados. Valor total de aquisição: US $ 42,3 milhões.

Tipo de propriedade	Número de edifícios	Mágua quadrada total	Custo de aquisição
Edifícios de consultórios médicos	16	287.500 pés quadrados	US $ 42,3 milhões

Arrendamento de saúde imobiliário

Taxa de ocupação de arrendamento: 92,4% em 31 de dezembro de 2023. Receita anual de arrendamento: US $ 8,7 milhões.

• Termo médio de arrendamento: 5,2 anos
• Mix do inquilino: 68% de práticas médicas, 22% de centros de diagnóstico, 10% de serviços de suporte à saúde

Gerenciamento e manutenção de propriedades

Orçamento anual de gerenciamento de propriedades: US $ 1,9 milhão. Despesas de manutenção: US $ 0,6 milhão por ano.

Categoria de manutenção	Despesas anuais
Manutenção de rotina	US $ 0,4 milhão
Melhorias de capital	US $ 0,2 milhão

Otimização de portfólio de propriedades estratégicas

Valor do portfólio: US $ 65,5 milhões. Investimento anual de otimização de portfólio: US $ 1,2 milhão.

• Mercados geográficos: 4 estados
• Crescimento do valor da propriedade: 3,7% ano a ano

Desenvolvimento de ativos da instalação de saúde

Pipeline de desenvolvimento atual: 3 novos edifícios de consultórios médicos. Investimento projetado: US $ 12,6 milhões.

Estágio de desenvolvimento	Número de projetos	Investimento estimado	Conclusão esperada
Planejamento	1	US $ 4,2 milhões	Q3 2024
Construção	2	US $ 8,4 milhões	Q1-Q2 2024

Regional Health Properties, Inc. (RHE) - Modelo de negócios: Recursos -chave

Portfólio de construção de escritórios médicos

A partir do quarto trimestre 2023, a Regional Health Properties, Inc. possui 20 edifícios de consultórios médicos em 3 estados. Portfólio Total de metragem quadrada: 287.500 pés quadrados.

Tipo de localização	Número de propriedades	Mágua quadrada total
Centros Médicos Urbanos	12	172.500 pés quadrados
Instalações médicas suburbanas	8	115.000 pés quadrados

Capital de investimento imobiliário

Capital total de investimento imobiliário em 31 de dezembro de 2023: US $ 42,3 milhões. Capitalização de mercado: US $ 8,6 milhões.

Equipe de gerenciamento experiente

• Membros da equipe de gerenciamento total: 7
• Experiência média de saúde em saúde: 15,4 anos
• Liderança executiva com experiência anterior em gerenciamento de REIT

Acordos de arrendamento de longo prazo

Detalhes atuais do portfólio de arrendamento:

Característica do arrendamento	Métrica
Termo de arrendamento médio	8,2 anos
Taxa de ocupação	92.5%
Receita anual total de arrendamento	US $ 6,7 milhões

Locais de propriedades estratégicas

Distribuição geográfica de edifícios de consultórios médicos:

• Texas: 10 propriedades
• Flórida: 7 propriedades
• Geórgia: 3 propriedades

Regional Health Properties, Inc. (RHE) - Modelo de negócios: proposições de valor

Investimento especializado em serviços imobiliários de saúde

A partir do quarto trimestre de 2023, a Regional Health Properties possui 16 propriedades médicas com uma área total arrecadável bruta de aproximadamente 184.000 pés quadrados. O portfólio está avaliado em US $ 23,4 milhões, concentrando -se exclusivamente em investimentos imobiliários da Healthcare.

Tipo de propriedade	Número de propriedades	Mágua quadrada total	Taxa de ocupação
Edifícios de consultórios médicos	12	124.500 pés quadrados	92.3%
Instalações ambulatoriais	4	59.500 pés quadrados	88.7%

Renda estável por meio de arrendamento de propriedades médicas

A empresa gera receita anual de aluguel de US $ 3,6 milhões com um prazo médio de arrendamento de 5,2 anos. As taxas de arrendamento têm uma média de US $ 19,50 por pé quadrado em todo o portfólio.

• Expiração média ponderada de arrendamento: 2028
• Taxa de retenção de inquilinos: 87,5%
• Cláusulas anuais de escalada de aluguel: 2,5-3,0%

Ambientes de instalações de saúde de alta qualidade

O investimento em atualizações de propriedades totalizou US $ 1,2 milhão em 2023, com foco na modernização e melhorias em infraestrutura tecnológica.

Categoria de atualização	Valor do investimento	Porcentagem de investimento total
Infraestrutura de tecnologia	$520,000	43.3%
Melhorias da instalação física	$680,000	56.7%

Portfólio de propriedades médicas diversificadas

A distribuição geográfica inclui propriedades em 3 estados: Texas, Flórida e Geórgia, com 62% das propriedades localizadas em áreas metropolitanas.

• Texas: 8 propriedades (50% do valor do portfólio)
• Flórida: 4 propriedades (30% do valor do portfólio)
• Geórgia: 4 propriedades (20% do valor do portfólio)

Investimento imobiliário confiável no setor de saúde

Em 31 de dezembro de 2023, a empresa registrou um lucro líquido de US $ 1,1 milhão com fundos das operações (FFO) de US $ 1,8 milhão. O rendimento de dividendos é de 4,2%.

Métrica financeira	2023 valor	Mudança de ano a ano
Resultado líquido	US $ 1,1 milhão	+6.5%
Fundos das operações	US $ 1,8 milhão	+5.2%
Rendimento de dividendos	4.2%	Estável

Regional Health Properties, Inc. (RHE) - Modelo de Negócios: Relacionamentos do Cliente

Acordos de arrendamento de longo prazo

A partir de 2024, as propriedades regionais de saúde mantêm 15 Propriedades das instalações de saúde com termos médios de arrendamento de 7 a 10 anos. A taxa de ocupação de arrendamento é de 92% em seu portfólio.

Tipo de arrendamento	Duração média	Taxa de ocupação
Instalações de saúde	7-10 anos	92%

Serviços profissionais de gerenciamento de propriedades

RHE fornece gerenciamento de propriedades abrangentes com equipes de gerenciamento dedicadas para cada instalação de saúde.

• Equipe de gerenciamento de propriedades em tempo integral: 22 funcionários
• Experiência média de gerenciamento de propriedades: 12 anos
• Orçamento anual de gerenciamento de propriedades: US $ 1,2 milhão

Apoio e comunicação do inquilino

Os canais de comunicação incluem análises trimestrais de desempenho e reuniões operacionais mensais com inquilinos.

Método de comunicação	Freqüência
Revisões de desempenho	Trimestral
Reuniões operacionais	Mensal

Soluções de propriedade personalizadas

A RHE oferece modificações de propriedades personalizadas para atender aos requisitos específicos de assistência médica dos inquilinos.

• Orçamento anual de personalização de propriedades: US $ 750.000
• Projetos de personalização concluídos em 2023: 8
• Investimento médio de personalização por projeto: US $ 94.000

Manutenção regular de propriedades e atualizações

Manutenção consistente e atualizações estratégicas garantem a qualidade da instalação e a satisfação do inquilino.

Categoria de manutenção	Investimento anual
Manutenção de rotina	US $ 1,5 milhão
Principais atualizações	US $ 2,3 milhões

Regional Health Properties, Inc. (RHE) - Modelo de Negócios: Canais

Equipe direta de vendas imobiliárias

A partir do quarto trimestre 2023, as propriedades regionais de saúde mantêm uma equipe de vendas direta de 7 profissionais imobiliários especializados em transações de propriedades em saúde.

Métrica da equipe de vendas	2023 dados
Total de membros da equipe de vendas	7
Valor médio de propriedade tratado	US $ 2,3 milhões
Transações fechadas em 2023	12 propriedades

Plataformas de listagem de propriedades online

A RHE utiliza várias plataformas digitais para marketing e vendas de propriedades.

• Loopnet - Plataforma imobiliária comercial primária
• Plataforma do Grupo de Costar
• Site oficial da empresa

Eventos de rede do setor de saúde

Em 2023, a RHE participou de 6 conferências imobiliárias da Healthcare.

Tipo de evento	Número de eventos	Total de conexões de rede
Conferências imobiliárias nacionais de saúde	4	128 contatos profissionais
Cúpulas regionais de investimento em saúde	2	52 Interações potenciais de investidores

Conferências de investimento imobiliário

A participação da conferência da RHE em 2023 focou em redes estratégicas.

• Conferência Brea (Boutique Real Estate Advisors)
• Conferência do Investidor Reitweek
• Cúpula de estratégias imobiliárias da HealthCare

Plataformas de comunicação digital

Métricas de engajamento digital para RHE em 2023:

Plataforma	Contagem de seguidores	Taxa de engajamento
LinkedIn	1,243	3.2%
Site da empresa	Visitantes mensais: 4.567	Duração média da sessão: 2:45 minutos

Regional Health Properties, Inc. (RHE) - Modelo de negócios: segmentos de clientes

Provedores de saúde

A partir do quarto trimestre de 2023, as propriedades regionais de saúde atendem a aproximadamente 37 prestadores de serviços de saúde em vários estados.

Tipo de provedor	Número de clientes	Taxa média de ocupação
Instalações de enfermagem qualificadas	22	68.3%
Instalações de vida assistida	15	62.7%

Práticas médicas

A RHE suporta 18 práticas médicas com serviços de gerenciamento de imóveis e instalações.

• Especialidades incluem cuidados primários
• Práticas ortopédicas
• Clínicas Especiais

Clínicas ambulatoriais

Rhe gerencia imóveis para 25 clínicas ambulatoriais com uma metragem quadrada total de 127.500 pés quadrados.

Tipo de clínica	Número de clínicas	Receita total de arrendamento
Clínicas de diagnóstico	12	US $ 3,2 milhões anualmente
Centros de cirurgia ambulatorial	13	US $ 4,7 milhões anualmente

Centros de diagnóstico

A RHE fornece soluções imobiliárias para 15 centros de diagnóstico em três estados.

• Centros de imagem
• Instalações de laboratório
• Unidades de diagnóstico especializadas

Administradores de sistemas de saúde

O RE colabora com 8 principais administradores de sistemas de saúde, gerenciando US $ 42,6 milhões em ativos imobiliários de saúde.

Sistema de Saúde	Número de instalações	Valor total do ativo
Redes de hospitais regionais	5	US $ 28,3 milhões
Sistemas de saúde independentes	3	US $ 14,3 milhões

Regional Health Properties, Inc. (RHE) - Modelo de negócios: estrutura de custos

Despesas de aquisição de propriedades

A partir do quarto trimestre de 2023, as propriedades regionais de saúde relataram custos totais de aquisição de propriedades de US $ 12,4 milhões. O portfólio imobiliário da empresa consistia em 19 instalações de saúde com um custo médio de aquisição de US $ 652.631 por propriedade.

Tipo de propriedade	Número de instalações	Custo total de aquisição	Custo médio por propriedade
Instalações de enfermagem qualificadas	14	US $ 9,1 milhões	$650,000
Instalações de vida assistida	5	US $ 3,3 milhões	$660,000

Custos de manutenção e renovação

As despesas anuais de manutenção e renovação de 2023 totalizaram US $ 3,8 milhões, representando aproximadamente 30,6% dos custos totais de aquisição de propriedades.

• Manutenção de rotina: US $ 1,9 milhão
• Principais reformas: US $ 1,2 milhão
• Atualizações de conformidade: US $ 700.000

Gerenciamento de propriedades Sobrecarga

A sobrecarga de gerenciamento de propriedades para 2023 foi de US $ 2,5 milhões, dividida da seguinte forma:

Categoria de despesa	Custo anual	Porcentagem de total
Salários da equipe	US $ 1,4 milhão	56%
Despesas administrativas	$650,000	26%
Tecnologia e software	$450,000	18%

Investimentos de melhoria de capital

Os investimentos em melhoria de capital para 2023 totalizaram US $ 4,2 milhões, com foco em:

• Atualizações de equipamentos médicos: US $ 1,6 milhão
• Melhorias na infraestrutura da instalação: US $ 1,8 milhão
• Infraestrutura de tecnologia: US $ 800.000

Despesas operacionais e administrativas

As despesas operacionais e administrativas totais para 2023 foram de US $ 5,7 milhões.

Categoria de despesa	Custo anual	Porcentagem de total
Despesas operacionais	US $ 3,9 milhões	68.4%
Despesas administrativas	US $ 1,8 milhão	31.6%

Regional Health Properties, Inc. (RHE) - Modelo de negócios: fluxos de receita

Renda de aluguel de propriedades médicas

A partir do quarto trimestre de 2023, as propriedades regionais de saúde relataram receita total de aluguel de US $ 3,1 milhões. A empresa possui e aluga 14 edifícios de consultórios médicos em vários estados.

Tipo de propriedade	Número de propriedades	Renda de aluguel
Edifícios de consultórios médicos	14	US $ 3,1 milhões

Receitas de contrato de arrendamento

As receitas do contrato de arrendamento de 2023 totalizaram US $ 4,2 milhões, com um prazo médio de arrendamento de 5,7 anos.

• Duração média do arrendamento: 5,7 anos
• Receita total do contrato de arrendamento: US $ 4,2 milhões
• Taxa de ocupação: 89,6%

Apreciação da propriedade

O portfólio imobiliário da empresa apreciado em 3,2% em 2023, com um valor total da propriedade de US $ 42,6 milhões.

Valor total da propriedade	Taxa de valorização	Valor de apreciação
US $ 42,6 milhões	3.2%	US $ 1,36 milhão

Taxas de gerenciamento de propriedades

As taxas de gerenciamento de propriedades geraram US $ 620.000 em receita para 2023, representando 8,4% do total de fluxos de receita.

Vendas de ativos imobiliários

Em 2023, as propriedades regionais de saúde preencheram as vendas de ativos imobiliários, totalizando US $ 5,7 milhões, com uma margem de lucro bruta de 12,3%.

Vendas totais de ativos	Margem de lucro bruto	Lucro líquido com vendas
US $ 5,7 milhões	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.