RHE Regional Health Properties
Regional Health Properties, Inc. is a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions. Regional currently owns, leases or manages for third parties 24 facilities (12 of which are owned by Regional, nine of which are leased by Regional and three of which are managed by Regional for third parties).
Company profile
Ticker
RHE, RHE-PA
Exchange
Website
CEO
Brent Steven Morrison
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ADCARE HEALTH SYSTEMS INC, ADCARE HEALTH SYSTEMS, INC
SEC CIK
Corporate docs
IRS number
311332119
RHE stock data
()
Press releases
Regional Health Properties, Inc. Announces Filing of Registration Statement for Proposed Exchange Offer
1 Jun 21
Regional Health Properties Reports First Quarter 2021 Financial Results
17 May 21
Thinking about buying stock in Sundial Growers, Assertio, Regional Health Properties, Palantir Technologies, or Energy Transfer?
7 May 21
Thinking about buying stock in Farmmi, Nokia, Curiositystream, Zomedica, or Regional Health Properties?
3 May 21
Regional Health Properties Reports Fourth Quarter and Full-Year 2020 Financial Results
1 Apr 21
Investment data
Securities sold
Number of investors
Calendar
14 May 21
13 Jun 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 21 | David A Tenwick | Common Stock | Sell | Dispose S | No | No | 18 | 5,000 | 90K | 36,985 |
| 4 Jun 21 | Brent Morrison | Common Stock | Payment of exercise | Dispose F | No | No | 11.98 | 614 | 7.36K | 14,879 |
| 4 Jun 21 | David A Tenwick | Common Stock | Sell | Dispose S | No | No | 15 | 10,000 | 150K | 41,985 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
8.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 9 |
| Opened positions | 3 |
| Closed positions | 0 |
| Increased positions | 2 |
| Reduced positions | 1 |
13F shares |
Current |
|---|---|
| Total value | 634K |
| Total shares | 138.43K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Renaissance Technologies | 80.1K | $367K |
| Vanguard | 36.7K | $168K |
| Citadel Advisors | 18.25K | $84K |
| WFC Wells Fargo & Co. | 1.59K | $8K |
| BLK Blackrock | 885 | $4K |
| Tower Research Capital | 499 | $2K |
| BAC Bank Of America | 308 | $1K |
| UBS UBS Group AG - Registered Shares | 100 | $0 |
| C Citigroup | 1 | $0 |
| Proequities | 0 | $0 |
Financial report summary
?Risks
- The COVID-19 pandemic and measures intended to prevent its spread could have a material adverse effect on our business, results of operations, cash flows and financial condition.
Management Discussion
- Patient care revenues—Patient care revenues for our new Healthcare Services segment, as a result of the Company operating the Tara Facility as a portfolio stabilization measure, were $2.7 million for the three months ended March 31, 2021, which is consistent with prior year financials we received from the prior Wellington affiliated operator.
- Rental revenues—Rental revenue for our Real Estate Services segment, decreased by approximately $0.2 million, or 5.0%, to $4.1 million for the three months ended March 31, 2021, compared with $4.3 million for the same period in 2020. The decrease reflects approximately $0.9 million decrease in straight-line rent due to the Wellington Lease Termination, $0.5 million and $0.4 million recognized for the three months ended March 31, 2020 for the Powder Springs Facility and the Tara Facility respectively, partially off-set by $0.3 million straight-line rent and $0.4 million variable rent recognized from the Powder Springs Facility under a new sublease with an affiliate of Empire in the current period. For further information see Note 6 – Leases to our consolidated financial statements in Part I, Item 1, “Financial Statements (unaudited)” in this Quarterly Report.
- Other revenues—Other revenue for our Real Estate Services segment increased by approximately $0.1 million, for the three months ended March 31, 2021, compared to the same period in 2020. This increase is due to recognition of the Symmetry Payment Plan fees and interest earned on the Peach Line, which had previously been deferred due to the Peach Line’s subordination to the Peach Health Sublessees third-party Peach Working Capital Facility until its repayment in the prior year.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
anniversary, Avenue, back, began, beginning, billing, canceled, Codification, conservative, custody, customer, DCH, direct, driven, EBITDAR, effort, Empire, exceed, Falligant, forfeited, furniture, hardware, highly, implicit, individual, investigate, liable, Mansell, marginally, minimal, moot, open, order, originally, Ownership, Pledgor, primary, profitable, promised, PS, remuneration, rendered, retire, retroactive, Road, segment, shareholder, software, source, stabilization, tender, tendered, thereof, thirteen, Topic, transaction, uninsured, unknown, unsuspected, vast, vested, vesting, whatsoever
Removed:
absolute, accrual, acquire, acting, adding, aggressively, alleging, annualized, Anthony, appointment, April, assure, Atlanta, authority, automatic, Bancorp, bankruptcy, borrower, carrying, Central, cessation, CFR, Chatham, CIBC, clause, combined, commence, comparative, complicit, context, continuation, controlled, converted, Covington, created, creditor, criteria, debtor, deceased, declare, delegated, desirable, determining, Disaster, disbursement, discretion, disposal, dissolution, District, Division, documentation, East, Eastern, eligible, enforce, escalator, establishing, execution, extending, extension, extinguished, extinguishment, extremely, forbear, forbearance, forgiven, fully, gain, governed, granting, hire, implementing, inappropriately, indivisible, initial, injunction, insolvency, integral, involuntary, Joseph, judicial, leave, lessor, lockbox, long, lower, McBride, met, misleading, modify, Nevada, nonqualified, Oceanside, Omega, Paycheck, payroll, percent, permitted, petition, physical, Pinecone, Point, policy, Postle, PPP, prepay, priority, proper, prospectively, pursuing, Rack, reacquisition, Realty, receiver, recovery, Redeemable, refund, Rehab, relation, remitted, repaid, representation, requesting, restricting, reversed, revisit, revolving, Robert, Rosie, sale, Sandi, Schwartz, seeking, Skyline, specifically, spent, stay, straight, strategy, Sublessee, submission, thereunder, treatment, troubled, type, Union, USA, utility, utilized, vacate, vendor, vi, vii, waived, waiving, warranty, Woodland, workout, wrongful
Financial reports
10-Q
2021 Q1
Quarterly report
14 May 21
10-K
2020 FY
Annual report
29 Mar 21
10-Q
2020 Q3
Quarterly report
13 Nov 20
10-Q
2020 Q2
Quarterly report
11 Aug 20
10-Q/A
2020 Q1
Quarterly report (amended)
22 Jun 20
10-Q
2020 Q1
Quarterly report
11 Jun 20
10-K
2019 FY
Annual report
27 Mar 20
10-Q
2019 Q3
Quarterly report
12 Nov 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
18 Jun 19
Current reports
8-K
Regional Health Properties Reports First Quarter 2021 Financial Results
17 May 21
8-K
Regulation FD Disclosure
30 Apr 21
8-K
Regional Health Properties Reports Fourth Quarter and Full-Year 2020 Financial Results
1 Apr 21
8-K
Entry into a Material Definitive Agreement
7 Jan 21
8-K
Regional Health Properties Reports Unusual Trading Activity
28 Dec 20
8-K
Departure of Directors or Certain Officers
17 Dec 20
8-K
Entry into a Material Definitive Agreement
7 Dec 20
8-K
Regional Health Properties Reports Third Quarter 2020 Financial Results
16 Nov 20
8-K
Departure of Directors or Certain Officers
12 Nov 20
8-K
Regional Health Properties Names Ben Waites as Chief Financial Officer
24 Sep 20
Registration and prospectus
425
Business combination disclosure
1 Jun 21
SC TO-C
Information about tender offer
1 Jun 21
S-4
Registration of securities issued in business combination transactions
1 Jun 21
S-8
Registration of securities for employees
1 Apr 21
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Apr 18
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Apr 18
POS AM
Prospectus update (post-effective amendment)
14 Nov 17
POS AM
Prospectus update (post-effective amendment)
10 Oct 17
8-K12B
Notification of registration of securities
1 Oct 17
424B5
Prospectus supplement for primary offering
25 May 17
Proxies
DEF 14A
Definitive proxy
4 Nov 20
DEFA14A
Additional proxy soliciting materials
4 Nov 20
DEF 14A
Definitive proxy
20 Nov 19
DEFA14A
Additional proxy soliciting materials
21 Dec 18
DEF 14A
Definitive proxy
9 Nov 18
PRE 14A
Preliminary proxy
30 Oct 18
DEF 14A
Definitive proxy
13 Nov 17
DEFA14A
Additional proxy soliciting materials
23 Aug 17
DEFM14A
Proxy related to merger
1 Aug 17
DEF 14A
Definitive proxy
20 Oct 16
Other
EFFECT
Notice of effectiveness
8 Mar 19
EFFECT
Notice of effectiveness
14 Nov 17
EFFECT
Notice of effectiveness
6 Dec 15
CORRESP
Correspondence with SEC
2 Dec 15
UPLOAD
Letter from SEC
30 Nov 15
CORRESP
Correspondence with SEC
29 Oct 15
CORRESP
Correspondence with SEC
22 Oct 15
UPLOAD
Letter from SEC
8 Oct 15
CORRESP
Correspondence with SEC
27 Sep 15
UPLOAD
Letter from SEC
14 Sep 15
Ownership
4
REGIONAL HEALTH PROPERTIES / David A Tenwick ownership change
10 Jun 21
4/A
REGIONAL HEALTH PROPERTIES / David A Tenwick ownership change
9 Jun 21
4
REGIONAL HEALTH PROPERTIES / David A Tenwick ownership change
8 Jun 21
4
REGIONAL HEALTH PROPERTIES / Brent Morrison ownership change
4 Jun 21
SC 13D/A
REGIONAL HEALTH PROPERTIES / Frischer Charles L ownership change
3 Jun 21
3
REGIONAL HEALTH PROPERTIES / BENJAMIN A WAITES ownership change
7 Oct 20
SC 13D/A
Regional Health Properties, Inc
4 Dec 19
4
REGIONAL HEALTH PROPERTIES / Charles L Frischer ownership change
11 Jan 19
4
REGIONAL HEALTH PROPERTIES / Charles L Frischer ownership change
10 Jan 19
4
REGIONAL HEALTH PROPERTIES / Charles L Frischer ownership change
7 Jan 19
Reddit threads
$WPG is breaking out , little resistance, highest short % of float, low float, rapidly rising asset value, record volume *UPDATED*
6 Jun 21
$WPG is breaking out , little resistance, highest short % of float, low float, rapidly rising asset value, record volume *UPDATED*
6 Jun 21
$WPG has quality assets and a break out on volume *UPDATED*
6 Jun 21
$WPG could make a major move this week- Squeeze factors, Chart factors, Market trend factors, comparables, and more
5 Jun 21
Ummmm guys??? Too the moon baby
28 May 21
Let's Have This Conversation: Who is at Fault for a Pump and Dump? The Meta of Fintwits
20 May 21
RHE is 284% shorted
18 May 21
Sharing my trading strategy, because it's not working and i'm losing all hope
14 May 21
What is the stock I'm thinking of? I can't remember!
12 May 21
Red day means bargain hunting time!
12 May 21