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Regional Health Properties, Inc. (RHEP) functions as an independently managed real estate investment company, operating through its subsidiaries. Its core investment strategy centers on properties specifically developed for long-term care and senior living. The company's business model primarily involves renting out these facilities to external operators, who are then responsible for their management. These locations provide a comprehensive array of healthcare services to their residents and patients, including skilled nursing, assisted living, social services, various therapeutic interventions, and other rehabilitative and medical support for both short- and long-term stays. As of December 31, 2021, RHEP's portfolio encompassed 24 facilities—either owned, leased, or managed—predominantly situated across the Southeastern United States. Founded in 1991, the firm maintains its headquarters in Suwanee, Georgia.
Regional Health Properties Reports Second Quarter 2026 Results
Regional Health Properties reported Q2 2026 revenue of $24.4 million, up from $10.1 million in the prior year, as the SunLink merger and operational gains drove strong top-line growth.
Adjusted EBITDA from operations turned positive at $0.7 million compared to $56,000 a year ago, supported by an 870-basis-point improvement in portfolio occupancy to 74.9%.
The company repurchased 5,000 Series B Preferred Shares and ended the quarter with $42.6 million in net debt while evaluating refinancing options to improve liquidity.