The selloff in equity markets this year has many investors naturally looking for a defensive strategy. One such option is to shift into quality companies to ride out the turmoil. It sounds simple but
The selloff in equity markets has many investors naturally looking for a defensive strategy. One such option is to shift into quality companies that are likely to prosper despite the downward turn in
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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