secwatch.observer — SEC 8-K summary
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Issuer:     REGIONAL HEALTH PROPERTIES, INC (RHEP)
CIK:        0001004724
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001564590-22-007662
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Health Properties reports FY2021 net loss of $1.2M, rental revenue down 1.4% YoY
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- Net loss attributable to common stockholders (excl. preferred dividends) of $1.2M vs $0.7M loss in 2020.
- Total rental revenues for FY2021 were $16.1M, down 1.4% YoY; patient care revenue from Tara Facility was $9.5M.
- Collected 94.1% of Q4 2021 contractual cash rent; portfolio rent coverage after management fees was 1.20x, occupancy 65.1%.
- Commenced exchange offer for Series A Preferred Shares to streamline capital structure.
- Cash at Dec 31, 2021: $6.8M, up from $4.2M; total debt outstanding $52.9M (net of deferred financing costs).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004724/000156459022007662/0001564590-22-007662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004724/000156459022007662/rhe-8k_20220228.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-007662

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