Sunlink Health Systems, Inc. (SSY): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário em rápida evolução da tecnologia de saúde, a SunLink Health Systems, Inc. (SSY) surge como uma força dinâmica, revolucionando o gerenciamento da prática médica por meio de sua inovadora modelo de modelo de negócios. Ao misturar perfeitamente soluções de software de ponta, parcerias estratégicas e abordagens centradas no cliente, a SunLink transforma como os prestadores de serviços de saúde simplificam as operações, otimizam os ciclos de receita e oferecem atendimento excepcional ao paciente. Seu ecossistema abrangente de ofertas tecnológicas promete redefinir a eficiência e a conectividade no mundo complexo da tecnologia médica.

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: Parcerias -chave

Software médico e fornecedores de tecnologia

A SunLink Health Systems faz parceria com os seguintes fornecedores de tecnologia médica:

Nome do fornecedor	Foco em parceria	Valor do contrato
Epic Systems Corporation	Integração eletrônica de registro de saúde	Contrato anual de US $ 1,2 milhão
Cerner Corporation	Software de gerenciamento de assistência médica	$ 875.000 Parceria anual

Provedores de saúde e hospitais

As principais parcerias hospitalares incluem:

• Sistemas de Saúde Comunitária
• HCA Healthcare
• Saúde da Ascensão

Integradores de sistemas de registro eletrônico de saúde (EHR)

EHR Integrator	Serviços de integração	Participação anual da receita
Allscripts Healthcare Solutions	Plataforma de interoperabilidade	Contrato de compartilhamento de receita de US $ 650.000
Meditech	Serviços de migração de dados	Contrato anual de US $ 425.000

Redes de seguros e pagadores de saúde

Parcerias de rede de seguros primárias:

• UnitedHealthcare
• Escudo Blue Blue Blue Blue
• Cigna
• Aetna

Rede de pagadores	Tipo de parceria	Valor anual do contrato
UnitedHealthcare	Processamento de reivindicações e acesso à rede	Contrato anual de US $ 3,5 milhões
Escudo Blue Blue Blue Blue	Rede de reembolso e provedor	Contrato anual de US $ 2,8 milhões

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: Atividades -chave

Desenvolvendo soluções de software de gerenciamento de assistência médica

A SunLink Health Systems se concentra na criação de plataformas especializadas de software de saúde. A partir de 2023, a empresa investiu US $ 2,7 milhões em pesquisa e desenvolvimento para soluções de software.

Métricas de desenvolvimento de software	2023 dados
Despesas de P&D	US $ 2,7 milhões
Linhas de produtos de software	3 plataformas principais
Ciclos anuais de atualização de software	2 grandes atualizações

Fornecendo serviços de gerenciamento de ciclo de cobrança médica e receita

A empresa gera receita significativa por meio de serviços de cobrança médica.

Métricas de gerenciamento do ciclo de receita	2023 desempenho
Receita total de serviços de cobrança	US $ 12,4 milhões
Número de clientes de saúde	187 práticas médicas
Tempo médio de processamento de cobrança	3,2 dias

Oferecendo plataformas de monitoramento de telessaúde e pacientes remotos

Os serviços de telessaúde representam um segmento crescente do modelo de negócios da Sunlink.

• Usuários da plataforma de telessaúde: 42.500
• Dispositivos de monitoramento remoto suportados: 6 tipos de dispositivos
• Volume anual de consulta de telessaúde: 127.300

Implementando serviços de consultoria de TI e suporte de saúde

A SunLink fornece suporte abrangente de TI para organizações de saúde.

Serviços de consultoria de TI	2023 Métricas
Receita total de consultoria	US $ 5,6 milhões
Contratos de consultoria ativa	94 Instituições de Saúde
Duração média do contrato	18 meses

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: Recursos -chave

Plataformas proprietárias de software de saúde

A partir de 2024, a SunLink Health Systems mantém várias plataformas importantes de software:

Nome da plataforma	Funcionalidade	Investimento em desenvolvimento
MedConnect	Gerenciamento eletrônico de registros de saúde	US $ 1,2 milhão
Rxtrack	Sistema de Gerenciamento de Prescrição	$875,000

Equipes técnicas de desenvolvimento e suporte

Composição da força de trabalho para recursos técnicos:

• Equipe total de TI: 42 funcionários
• Desenvolvedores de software: 18
• Especialistas em suporte técnico: 24
• Orçamento médio do salário do Departamento de TI: US $ 3,6 milhões

Propriedade intelectual e patentes de software

Detalhes do portfólio de patentes:

Categoria de patentes	Número de patentes ativas	Despesas de proteção de patentes
Software de saúde	7	$425,000
Técnicas de gerenciamento de dados	3	$210,000

Infraestrutura baseada em nuvem e sistemas de gerenciamento de dados

Especificações de infraestrutura em nuvem:

• Provedor de serviços em nuvem: Amazon Web Services
• Despesas anuais de infraestrutura em nuvem: US $ 1,5 milhão
• Capacidade total de armazenamento de dados: 250 terabytes
• Recuperação de desastres Redundância: 99,99% de garantia de tempo de atividade

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: proposições de valor

Soluções de gerenciamento de prática médica simplificada

A SunLink Health Systems oferece software de gerenciamento de práticas integradas com as seguintes especificações:

Recurso de software	Métrica de desempenho
Plataforma de gerenciamento de prática	Suporta mais de 3.200 práticas médicas
Integração do registro eletrônico de saúde (EHR)	99,7% da taxa de compatibilidade do sistema
Eficiência da interface do usuário	Reduz as tarefas administrativas em 42%

Eficiência administrativa de assistência médica aprimorada

Métricas de eficiência administrativa para SunLink Health Systems:

• A automação do fluxo de trabalho reduz o tempo de processamento em 37%
• Reduz os erros manuais de entrada de dados em 65%
• Diminui o tempo de ciclo de cobrança de 45 para 22 dias

Otimização abrangente do ciclo de receita

Métrica do ciclo de receita	Dados de desempenho
Precisão do processamento de reivindicações	98,3% Taxa de aceitação de reivindicação de primeira passagem
Recuperação de receita	Aumenta a receita da prática em 24%
Gerenciamento de negação	Reduz as negações de reivindicação em 56%

Integração avançada de saúde tecnológica

Recursos de integração tecnológica:

• Plataforma baseada em nuvem suportando mais de 4.500 prestadores de serviços de saúde
• Criptografia de dados compatível com HIPAA
• Análise em tempo real com 99,9% de tempo de atividade

Software econômico para prestadores médicos

Métrica de custo	Desempenho financeiro
Custo médio de implementação	US $ 8.750 por prática médica
Assinatura anual de software	$ 3.200 - US $ 5.600 por prática
Retorno do investimento (ROI)	3,7x nos primeiros 12 meses

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: Relacionamentos do cliente

Vendas diretas e gerenciamento de contas

A partir de 2024, a SunLink Health Systems mantém uma equipe de vendas direta focada em prestadores de serviços de saúde e instalações médicas. A empresa relatou 87 representantes ativos de vendas direcionando práticas médicas e instituições de saúde.

Métrica de vendas	Valor
Total de representantes de vendas	87
Valor médio da conta	$342,000
Taxa anual de conversão de vendas	22.4%

Suporte técnico e atendimento ao cliente

A SunLink Health Systems fornece suporte técnico abrangente por meio de vários canais.

• Helpline de suporte técnico 24/7
• Portal de suporte on -line
• Sistema de suporte por e -mail
• Gerenciamento de conta dedicado

Canal de suporte	Tempo médio de resposta
Suporte telefônico	12 minutos
Suporte por e -mail	4 horas
Portal online	Acesso imediato

Atualizações e manutenção de software em andamento

A SunLink Health Systems fornece atualizações trimestrais de software e manutenção contínua do sistema para suas soluções de tecnologia de saúde.

Atualizar frequência	Tipo de atualização
Trimestral	Principais atualizações de software
Mensal	Patches de segurança
Semanalmente	Otimizações de desempenho

Programas personalizados de implementação e treinamento

A empresa oferece estratégias de implementação personalizadas e programas de treinamento para soluções de tecnologia de saúde.

Programa de Treinamento	Duração	Custo
Implementação no local	5-7 dias	$12,500
Treinamento virtual	3-4 dias	$8,200
Suporte contínuo	Contínuo	Incluído

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: canais

Equipe de vendas diretas

A partir de 2024, a SunLink Health Systems mantém uma equipe de vendas direta dedicada, com foco nas soluções de tecnologia da saúde. A equipe de vendas compreende 37 representantes em período integral direcionados a prestadores de serviços de saúde e instituições médicas.

Métricas da equipe de vendas	2024 dados
Total de representantes de vendas	37
Vendas anuais médias por representante	$486,000
Cobertura geográfica	24 Estados dos EUA

Marketplace de software online

A SunLink Health Systems distribui soluções de software por meio de várias plataformas digitais com métricas específicas de canal.

Métricas de mercado on -line	2024 Estatísticas
Listagens de plataformas digitais totais	14 produtos de software
Tráfego mensal de mercado on -line	42.500 visitantes únicos
Taxa de conversão	3.2%

Conferências de Tecnologia da Saúde

A SunLink Health Systems participa ativamente de conferências de tecnologia de saúde como uma estratégia de canal.

• Participação anual da conferência: 7 principais eventos de tecnologia de saúde
• Participação média da conferência: 1.200 profissionais de saúde
• Geração de leads por conferência: 85-120 clientes em potencial

Marketing digital e plataformas baseadas na Web

O marketing digital representa um canal crítico para a estratégia de aquisição de clientes da SunLink Health Systems.

Métricas de marketing digital	2024 Performance
Visitantes mensais do site	67,300
Seguidores de mídia social	LinkedIn: 24.500
Lista de marketing por e -mail	18.700 profissionais de saúde

Redes de referência e parcerias

Os sistemas de saúde da SunLink aproveitam as parcerias estratégicas para expandir o alcance do mercado.

• Total de parcerias ativas: 22 empresas de tecnologia de saúde
• Contribuição da receita da parceria: 18% da receita anual total
• Duração média da parceria: 3,7 anos

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: segmentos de clientes

Práticas médicas pequenas e médias

A SunLink Health Systems atende a aproximadamente 1.200 práticas médicas pequenas e médias nos Estados Unidos. Essas práticas normalmente possuem 2-10 prestadores de serviços de saúde e receitas anuais entre US $ 500.000 e US $ 3 milhões.

Tamanho da prática	Número de práticas	Receita média anual
2-5 provedores	780	$850,000
6-10 provedores	420	$2,300,000

Clínicas de saúde e centros de atendimento ambulatorial

A empresa atende a 350 clínicas de saúde e centros de atendimento ambulatorial com soluções de tecnologia especializadas.

• Centros de atendimento urgente: 175
• Centros cirúrgicos ambulatoriais: 85
• Centros de imagem de diagnóstico: 90

Sistemas hospitalares regionais

A SunLink Health Systems suporta 42 sistemas hospitalares regionais, representando aproximadamente US $ 4,2 bilhões em infraestrutura total de assistência médica.

Tamanho do sistema hospitalar	Número de sistemas	Contagem média de cama
Pequenos sistemas regionais	24	150-300 camas
Grandes sistemas regionais	18	300-500 camas

Provedores de saúde independentes

A empresa suporta 890 prestadores de serviços de saúde independentes em várias especialidades.

• Médicos de cuidados primários: 450
• Especialistas: 340
• Provedores de prática avançada: 100

Práticas médicas especializadas

A SunLink Health Systems serve 215 práticas médicas especializadas com soluções tecnológicas direcionadas.

Tipo especial	Número de práticas
Cardiologia	45
Ortopedia	38
Oncologia	32
Neurologia	25
Outras especialidades	75

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: estrutura de custos

Despesas de Desenvolvimento e Manutenção de Software

No ano fiscal de 2023, a SunLink Health Systems relatou despesas de desenvolvimento e manutenção de software de US $ 3,2 milhões, representando 12,5% do total de custos operacionais.

Categoria de despesa	Custo anual	Porcentagem de custos totais
Desenvolvimento de software	US $ 2,1 milhões	8.3%
Manutenção de software	US $ 1,1 milhão	4.2%

Investimentos de pesquisa e desenvolvimento

Para o ano fiscal de 2023, a SunLink Health System alocou US $ 4,5 milhões para iniciativas de pesquisa e desenvolvimento.

• Inovação em tecnologia da saúde: US $ 2,7 milhões
• Melhoramento de software médico: US $ 1,8 milhão

Custos operacionais de vendas e marketing

A empresa gastou US $ 3,8 milhões em operações de vendas e marketing em 2023.

Canal de marketing	Despesas anuais
Marketing digital	US $ 1,5 milhão
Feiras e conferências	$850,000
Compensação da equipe de vendas	US $ 1,45 milhão

Infraestrutura em nuvem e despesas de tecnologia

A SunLink Health Systems investiu US $ 2,6 milhões em infraestrutura e tecnologia em nuvem em 2023.

• Assinaturas de serviço em nuvem: US $ 1,2 milhão
• Segurança de rede: US $ 750.000
• Soluções de armazenamento de dados: US $ 650.000

Compensação e treinamento de funcionários

As despesas totais relacionadas aos funcionários em 2023 foram de US $ 12,4 milhões.

Categoria de compensação	Custo anual
Salários da base	US $ 9,6 milhões
Programas de treinamento de funcionários	US $ 1,3 milhão
Desenvolvimento profissional	US $ 1,5 milhão

Sunlink Health Systems, Inc. (SSY) - Modelo de negócios: fluxos de receita

Taxas de licenciamento e assinatura de software

No quarto trimestre 2023, a SunLink Health Systems relatou receita de licenciamento de software de US $ 3,2 milhões, com um modelo baseado em assinatura gerando aproximadamente US $ 1,8 milhão em receita anual recorrente.

Categoria de receita	Valor anual ($)	Porcentagem da receita total
Licenciamento de software	3,200,000	35%
Taxas de assinatura	1,800,000	20%

Serviços de implementação e consultoria

Os serviços de implementação e consultoria geraram US $ 2,5 milhões em receita para o ano fiscal de 2023.

• Valor médio do projeto de implementação: $ 75.000
• Número de projetos de implementação concluídos: 33
• Taxa horária de serviços de consultoria: US $ 250

Contratos de Suporte Técnico e Manutenção

Os contratos de suporte técnico e manutenção contribuíram com US $ 1,6 milhão para a receita da empresa em 2023.

Tipo de contrato	Receita anual ($)	Número de contratos
Suporte padrão	1,100,000	85
Suporte premium	500,000	25

Projetos de desenvolvimento de software personalizados

Os projetos de desenvolvimento de software personalizados representaram US $ 1,9 milhão em receita durante o ano fiscal de 2023.

• Valor médio do projeto: US $ 190.000
• Número total de projetos de desenvolvimento personalizado: 10
• Maior valor do projeto único: US $ 350.000

Taxas de uso da plataforma de telessaúde

As taxas de uso da plataforma de telessaúde geraram US $ 1,1 milhão em receita para 2023.

Nível de uso	Receita anual ($)	Número de usuários
Camada básica	400,000	500
Camada avançada	700,000	200

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Value Propositions

You're looking at the core reasons why SunLink Health Systems, Inc. (SSY) was an attractive partner before the merger closed in the summer of 2025. The value proposition centered on specific market access and a clean balance sheet, which is a big deal in healthcare.

Access to essential healthcare products in rural markets is a cornerstone. SunLink Health Systems, Inc. (SSY) focused its Pharmacy segment on retail pharmacy products and services specifically within rural markets. This segment also included institutional pharmacy services and durable medical equipment, serving areas where access is often limited. The company operates through two main segments: Healthcare Services and Pharmacy.

Honestly, the pre-merger balance sheet strength was a major draw for the merger partner. As of 31 December 2024, SunLink Health Systems, Inc. (SSY) reported total assets of approximately $17.6 million and was completely free of long-term debt. That lack of long-term debt provides a solid foundation for any combination. Here's a quick look at some of the key pre-merger financial health indicators, using the latest available data points before the transaction closed.

Metric	Value (Pre-Merger)	Date/Context
Total Assets	$17.8 million	As of December 31, 2024
Long-Term Debt	$0	As of December 31, 2024
Debt-to-Equity Ratio	0.05	Recent data point
Trailing 12-Month Revenue	$31.1M	As of March 31, 2025
Net Margin	5.55%	Recent data point

The merger itself created a vertically integrated platform designed for greater scale. SunLink Health Systems, Inc. (SSY) brought its complementary pharmacy business, cash, and debt-free balance sheet to Regional Health Properties, whose assets included established skilled nursing and senior living facilities. The goal was to form a COMBINED VERTICALLY INTEGRATED HEALTHCARE COMPANY. This combination aimed to improve the delivery of healthcare services.

The promise of efficiency gains was quantified, too. Regional Health Properties projected pre-tax cost synergies of approximately $1.0 million by the end of its fiscal 2026. More recently, the projection stated more than $1 million of projected annual cost synergies by the second fiscal year post-closing. This is the kind of concrete number that analysts look for when assessing post-merger value creation. Still, realizing those expected revenue synergies and cost savings is always subject to successful integration.

The value proposition also included the delivery model itself, which was centered on:

• Providing retail pharmacy products and services.
• Operating licensed-bed, acute care hospitals.
• Operating nursing homes.
• Owning medical buildings leased to unaffiliated providers.

Finance: draft 13-week cash view by Friday.

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Customer Relationships

You're looking at how SunLink Health Systems, Inc. (SSY) manages its connections with the different groups paying for its services, especially as the company navigates the final stages of its merger with Regional Health Properties, Inc. This relationship structure is layered, moving from deep partnerships to more straightforward transactions.

Dedicated service for institutional pharmacy clients (e.g., nursing homes)

The relationship with institutional pharmacy clients, which includes services for nursing homes, appears to be a key driver for recent revenue stability. For the fiscal quarter ended March 31, 2025, pharmacy net revenues saw an increase of 1% compared to the same period last year, which the company explicitly stated was primarily due to higher institutional pharmacy net revenues this year. This suggests a relationship built on consistent, high-volume service delivery to these facilities.

Transactional relationship for retail pharmacy customers

The connection with retail pharmacy customers, which involves filling retail pharmacy scripts, leans more transactional, and volume here has been a recent headwind. For the nine months ended March 31, 2025, the overall net revenues (excluding a one-time sales tax accrual reversal) decreased by 3% compared to the prior year. This decrease was primarily due to decreased volume of Retail pharmacy scripts filled and durable medical equipment orders. This indicates that customer retention or script volume in the retail space is more sensitive to market fluctuations, requiring a more transactional approach to maintain volume.

Long-term lease agreements with unaffiliated healthcare providers

A portion of SunLink Health Systems, Inc.'s customer base involves relationships where the company acts as a landlord. The Healthcare Services segment includes owning medical buildings which are leased to unaffiliated healthcare providers. These arrangements are typically structured as long-term lease agreements, providing a stable, recurring revenue stream independent of direct patient care volume fluctuations.

High-touch, local care for hospital and skilled nursing patients

For direct patient care, the relationship model is high-touch, centered on local operations. SunLink Health Systems, Inc.'s Healthcare Services segment includes operating licensed-bed, acute care hospitals, a geriatric psychology unit, and a nursing home. The expected integration post-merger is designed to combine Regional's Healthcare Services segment with SunLink's Long-Term Care Pharmacy, suggesting a strategy to deepen relationships with patients needing ongoing, local care services.

Investor relations management during the merger process

Managing the relationship with equity holders has been critical through the merger process with Regional Health Properties, Inc. SunLink Health Systems, Inc. shareholders approved the merger on August 4, 2025, subject to customary closing conditions. To manage shareholder expectations and provide a return prior to closing, the Board declared a special cash dividend of $0.10 per share, payable to stockholders of record as of July 29, 2025. Investor communication during this period involved directing inquiries to specific contact points, such as the Investor Relations telephone number of 770-933-7004 for SunLink Health Systems, Inc.

Here's a quick look at the revenue performance tied to the primary customer groups as of the latest reported quarter:

Customer/Revenue Stream	Fiscal Period Ending March 31, 2025	Year-over-Year Change (Q3 2025 vs Q3 2024)
Institutional Pharmacy Net Revenues	Included in Total Pharmacy Net Revenues of $7,323,000 (Q3 2025)	Increased 1%
Retail Pharmacy Scripts Volume	Contributed to Nine Months Net Revenue of $23,181,000	Contributed to a 3% decrease in nine-month net revenues (excluding tax reversal)
Lease Revenue (Unaffiliated Providers)	Part of Healthcare Services Segment Revenue	Data not explicitly separated from other segment revenues

The company's total consolidated net revenues for the nine months ended March 31, 2025, were $23,181,000. The overall net loss for that nine-month period was $2,563,000.

The relationship strategy involves several distinct service models:

• Dedicated account management for institutional clients.
• Volume-based, transactional focus for retail script fulfillment.
• Property management and leasing for unaffiliated providers.
• Direct, high-touch care coordination for hospital and skilled nursing patients.

If onboarding new institutional clients takes longer than expected, churn risk rises, defintely. Finance: draft 13-week cash view by Friday.

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Channels

You're looking at how SunLink Health Systems, Inc. gets its products and services to the market as of late 2025. The company's distribution relies heavily on its Pharmacy segment, which management calls the key revenue generator. The overall business model channels flow through institutional contracts and direct-to-patient services, though recent trends show volume pressure in certain areas.

For context, the trailing twelve-month revenue for SunLink Health Systems, Inc. stood at $31.09M as of March 31, 2025. The company has 1,614 employees, yielding a Revenue Per Employee of approximately $19,265 for that period.

Here's a breakdown of the financial performance tied to the channels for the recent reporting periods:

Channel/Service Area	Primary Financial Metric	Latest Reported Value (FY2025)	Time Period/Context
Pharmacy Segment (Overall)	Consolidated Net Revenues	$7,323,000	Quarter ended March 31, 2025
Institutional Pharmacy Delivery	Pharmacy Net Revenues Growth	1% increase	Quarter ended March 31, 2025 versus prior year
Retail Pharmacy Storefronts	Retail Pharmacy Scripts Filled Volume	Decreased Volume	Driver for 9-month revenue change ending March 31, 2025
Direct-to-Consumer DME	Durable Medical Equipment Orders Filled	Decreased Volume	Driver for 9-month revenue change ending March 31, 2025
Healthcare Services Segment (Hospitals/SNFs)	Consolidated Net Revenues	$23,181,000	Nine months ended March 31, 2025
Owned/Leased Properties & IT	Expected Capital Expenditures	Approximately $1.7 million	Remainder of fiscal year

The channels are deeply integrated into the company's two main operating segments: Healthcare Services and Pharmacy. The Healthcare Services segment channels include the operation of licensed-bed, acute care hospitals and nursing homes, plus leasing owned medical buildings to unaffiliated providers.

The Pharmacy segment channels are more diverse, covering:

• Retail pharmacy products and services in rural markets.
• Provision of specialty and non-specialty pharmaceutical and biological products to institutional clients.
• Non-institutional pharmacy services delivered to private residences.

The institutional pharmacy delivery and service network supports various facilities, including nursing homes, assisted living facilities, behavioral and specialty hospitals, and correctional facilities. The direct-to-consumer durable medical equipment orders are part of this pharmacy offering, serving institutional clients or patients in institutional settings, along with patient-administered home care.

Management is actively pursuing smaller, complementary specialty pharmacy acquisitions, suggesting a channel expansion strategy focused on that area. For the nine months ended March 31, 2025, the company reported a loss from continuing operations of $2,142,000.

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Customer Segments

You're looking at the customer base for SunLink Health Systems, Inc. right as it finalized its merger with Regional Health Properties, Inc. in August 2025. The segments reflect the operations being combined.

Retail pharmacy customers in rural communities

This group was served by SunLink Health Systems, Inc.'s Pharmacy segment, which focused on retail pharmacy products and services in rural markets. The pharmacy business was noted as the key revenue generator pre-merger. The combined entity, post-merger, was expected to integrate SunLink's Long-Term Care Pharmacy with Regional's assets.

• Pharmacy net revenues for the quarter ended March 31, 2025, were up 1% over the prior year period.
• Pharmacy net revenues for the nine months ended March 31, 2025, decreased 3% excluding a prior year sales tax reversal.

Institutional healthcare facilities (e.g., nursing homes)

These facilities were part of the Healthcare Services segment, which included subsidiaries owning and operating nursing homes. The merger aimed to integrate Regional's Healthcare Services segment with SunLink's pharmacy operations. The combined entity's pro forma facility count included Regional's existing operating portfolio.

• Regional's Operating Portfolio pre-merger consisted of 6 facilities.
• The combined entity's pro forma licensed beds included 662 beds from Regional's operating portfolio.

Patients requiring acute care and skilled nursing services

Patients utilized services within the Healthcare Facilities component of the business, which included subsidiaries operating licensed-bed, acute care hospitals and a geriatric psychology unit. The merger brought together these acute care/skilled nursing assets with Regional's platform, which primarily invests in senior living and long-term care real estate.

The structure of the combined operations, as presented before the August 4, 2025, shareholder approval, suggested the following scale for these facility-based customers:

Segment Component	Facility Count	Licensed Beds	Estimated Annual Scripts/Orders
Regional Operating Portfolio	6	662	-
SunLink Pharmacies	3	-	575,000

Unaffiliated healthcare providers leasing medical office space

The Healthcare Services segment included owning medical buildings, which were then leased out to unaffiliated healthcare providers. This segment also included adjacent vacant land and provided information technology services to outside customers. No specific count of leasing providers or associated revenue was explicitly stated for late 2025.

Shareholders involved in the Regional Health Properties merger vote

This group was critical for the transaction's consummation, which closed on August 4, 2025. SunLink shareholders of record as of June 20, 2025, were the voting body. The final ownership structure post-merger was a key consideration for this segment.

• SunLink shareholders were set to own approximately 43.0% of the combined company.
• As of July 24, 2025, over 99% of SunLink shares voted to date supported the merger proposal.
• The stock price on June 20, 2025, was $0.98.
• The market capitalization as of June 20, 2025, was $6.92M.
• The total number of shares outstanding as of June 20, 2025, was 7.04M.

Finance: draft pro forma asset summary based on the merger terms by next Tuesday.

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Cost Structure

You're looking at the cost side of SunLink Health Systems, Inc. (SSY) right before the merger closed in August 2025. The cost structure is heavily influenced by external pressures and the costs associated with the recent corporate transaction.

The bottom line for the quarter ended March 31, 2025, shows the strain: SunLink Health Systems, Inc. reported an operating loss of $683,000 for the quarter ended March 31, 2025. This loss from continuing operations was $630,000 for that same period. To be fair, this was an improvement from the operating loss of $853,000 reported for the quarter ended March 31, 2024.

The company explicitly noted that it continues to experience post-COVID-19 pandemic after-effects impacting its operations. This translates directly into cost pressures you need to watch. Specifically, the company believes it will likely continue to experience effects from:

• Salaries and wages pressure.
• Workforce shortages.
• Supply chain disruption.
• Broad inflationary pressures.

Costs related to the merger with Regional Health Properties, Inc., which was finalized in August 2025, started showing up in earlier periods. For instance, in the fiscal quarter ended September 30, 2024, the company recorded an impairment loss of $44,000 for transaction expenses incurred through the sale date of the Trace Regional Hospital real estate, which was part of the asset restructuring leading up to the merger.

The primary revenue driver, pharmacy net revenues, naturally carries a significant Cost of Goods Sold (COGS) component, which is a major element of the overall cost base. While the exact COGS figure for the pharmacy segment for the March 31, 2025 quarter isn't explicitly detailed, the gross revenue context is clear. Consolidated net revenues for the fiscal quarter ended March 31, 2025, totaled $7,323,000, which was primarily pharmacy net revenues. You'd expect COGS to be the largest variable cost against this figure.

Here's a quick look at the key financial outcomes for the quarter that highlights the cost absorption:

Financial Metric	Amount for Quarter Ended March 31, 2025
Consolidated Net Revenues	$7,323,000
Operating Loss	$683,000
Loss from Continuing Operations	$630,000
Net Loss	$671,000
Operating Loss for Quarter Ended March 31, 2024	$853,000

The net loss for the quarter ended March 31, 2025, was $671,000, or a loss of $0.10 per fully diluted share. Also, the loss from discontinued operations was only $41,000 for the quarter, a significant reduction from the $572,000 loss in the prior year's comparable quarter.

Finance: draft 13-week cash view by Friday.

SunLink Health Systems, Inc. (SSY) - Canvas Business Model: Revenue Streams

You're looking at the core ways SunLink Health Systems, Inc. brings in cash, which, as of late 2025, is heavily weighted toward its pharmacy operations, even as the company navigates a merger with Regional Health Properties, Inc.

The primary engine for SunLink Health Systems, Inc.'s revenue remains its pharmacy business. This stream is composed of pharmacy net revenues from retail and institutional sales. For the nine months ended March 31, 2025, the company reported consolidated net revenues of $23,181,000. To give you a sense of the recent run rate, net revenues for the fiscal quarter ended March 31, 2025, totaled $7,323,000.

The overall consolidated net revenues for the nine months ended March 31, 2025, represented a 3% decrease compared to the prior year period. This dip was mainly attributed to lower volumes in two specific areas:

• Decreased volume of Retail pharmacy scripts filled.
• Decreased durable medical equipment orders.

Beyond the core pharmacy sales, SunLink Health Systems, Inc.'s revenue model historically includes other healthcare-related income streams, which are part of the Healthcare Services segment. These include:

• Revenue from hospital and skilled nursing facility operations.
• Rental income from leased medical office buildings.
• Sales of durable medical equipment (DME).

Here's a quick look at the top-line revenue figures we have for the nine-month period ending March 31, 2025, compared to the prior year, showing where the revenue is coming from overall:

Revenue Metric	Nine Months Ended March 31, 2025	Nine Months Ended March 31, 2024
Consolidated Net Revenues	$23,181,000	$24,527,000
Quarterly Net Revenues (Q3)	$7,323,000	$7,462,000
Operating Loss (Nine Months)	$2,889,000	$1,736,000

It's important to note that the company's structure includes subsidiaries that own and operate licensed-bed, acute care hospitals, including a geriatric psychology unit, and nursing homes, which feed into the hospital and skilled nursing facility operations revenue line. Also, the company owns medical buildings that are leased to unaffiliated healthcare providers, generating that rental income. The sales of durable medical equipment (DME) are explicitly called out as a component contributing to the recent revenue decline, suggesting it is a measurable, though perhaps smaller, part of the total.

Finance: draft 13-week cash view by Friday.