Regional Health Properties, Inc.
RHEPZ·OTC·Real Estate & Construction·CIK 0001004724
Regional Health Properties, Inc. is a healthcare company that owns, operates, and invests in healthcare real estate and operating businesses focused on long-term care, senior housing, and pharmacy services. Historically, the Company primarily functioned as a healthcare real estate platform, leasing skilled nursing and senior housing facilities to third-party operators through long-term triple-net lease agreements. Following recent strategic initiatives and acquisitions, Regional has transitioned to a more integrated healthcare operating model, combining healthcare real estate ownership with direct operation of healthcare facilities and related services. In August 2025, Regional completed a merger with SunLink Health Systems, Inc., which expanded Regional's operating platform and accelerated its shift toward a vertically integrated healthcare services model. As a result, Regional is now more directly involved in the ownership, operation, and improvement of healthcare facilities, while still maintaining a real estate segment with leased assets. Through its subsidiaries, Regional owns and operates skilled nursing and senior housing communities, offering services such as sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative therapy, memory care, Alzheimer's and dementia care, and senior living services. The Company also owns healthcare real estate leased to third-party operators under triple-net lease arrangements. The SunLink merger also included the acquisition of a pharmacy business in Crowley, Louisiana, which provides retail pharmacy services, institutional pharmacy services, and durable medical equipment.