Regional Health Properties, Inc. (RHE)
Regional Health Properties, Inc. operates in the Medical - Care Facilities industry of the Healthcare sector, headquartered in Suwanee, GA, US. The stock last traded at $2.77, up 3.51% on the session, giving a market capitalisation of $5.2M. On trailing twelve-month figures it carries a trailing P/E of -0.02, a net margin of 5.1%. Its beta of 0.95 implies it has historically moved less than the broad market.
Regional Health Properties, Inc. (RHE) functions as a self-governing real estate investment enterprise, focusing its capital on properties dedicated to senior living and long-term care. Its primary business strategy involves leasing or subleasing these healthcare facilities to independent third-party operators responsible for their day-to-day management and service delivery. The facilities under its umbrella offer a broad spectrum of healthcare and support services to occupants, encompassing skilled nursing, assisted living support, social services, various therapeutic interventions, and other rehabilitative care, serving both extended-stay and short-term patients. As of the close of 2021, its portfolio comprised 24 facilities, held through ownership, leasehold, or management agreements, predominantly located in the Southeastern United States. The company was founded in 1991 and maintains its corporate headquarters in Suwanee, Georgia.
Regional Health Properties, Inc. is most often compared with the following Healthcare names: