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Regional Health Properties Reports Fourth Quarter and Full-Year 2020 Financial Results
April 1, 2021 GMT
ATLANTA (BUSINESS WIRE) Apr 1, 2021
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, 2020.
Business Update
Successfully transitioned two non-performing facilities affiliated with one operator, preliminary results for transitioned facilities for January and February 2021 very encouraging
Collected 91% of 2020 cash rent
Generated positive free cash flow from continuing operations for the fourth quarter and year ended December 31, 2020, despite covid-19 headwinds
Vaccine rollout underway: VA, Holyoke Health Center receive first shipments of Moderna vaccine
VA Central Western Massachusetts Healthcare System in Leeds gave its first COVID-19 vaccine Monday to resident Kevin James Bates, 68, a Vietnam veteran who served in the Army from 1970 to 1973. VA CENTRAL WESTERN MASSACHUSETTS
Entrance to the VA medical center in Leeds. GAZETTE FILE PHOTO
Published: 12/24/2020 11:21:19 AM
NORTHAMPTON Providing Moderna’s vaccine to residents and front-line workers at the VA Central Western Massachusetts Healthcare System in Leeds this week initiated the start of the next phase of protecting the most vulnerable populations from COVID-19 infection.
“Receiving the vaccine is like having hope delivered,” Duane Gill, director of the VA, said in a statement issued after inoculations began Monday. “As vaccine supplies increase, our ultimate goal is to offer COVID-19 vaccination to all veterans and employees who want to be vaccinated.”