Regional Health Properties Reports Fourth Quarter and Full-Year 2019 Financial Results
Regional Health Properties, Inc. (RHE)
NASDAQ:AMEX Investor Relations:
ir.regionalhealthproperties.com
Company Research
Source: PR Newswire
ATLANTA, April 2, 2020 /PRNewswire/ -- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the year ended December 31, 2019. Business Update Successfully settled a total of three professional liability claims during the fourth quarter 2019 and the first quarter of 2020. Commenced a capital improvement plan for the Company's Ohio facilities. Management is encouraged by the early results and anticipates further increases in census, driving higher cash rents. Overall portfolio performance continues to stabilize and rent coverage begins to show improvement. When reviewing occupancy for the first quarter of 2020, census levels continue to remain stable in light of the ongoing COVID-19 pandemic."We made further progress in stabilizing and improving the Company's property portfolio, as well as continued to
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RHE
Sec Filings
- 11/19/24 - Form 10-Q
- 11/14/24 - Form NT
- 11/12/24 - Form 8-K
- RHE's page on the SEC website