Selectis Health, Inc.

Selectis Health, Inc. owns and operates long-term care facilities in the United States, with a portfolio concentrated in skilled nursing and related healthcare real estate. The company’s business combines facility ownership with healthcare service operations, including reimbursement-driven patient care at its operating sites.

−0,2 %

−2,5 %

+4,9 %

0.30

0.30

— Selectis Health, Inc.
%
Skilled nursing operations100% Patient care services delivered through owned and operated long-term care facilities.
Healthcare real estate0% Ownership of facilities and related property assets used for senior care operations.
Rental and leasing income0% Lease income from properties leased to third parties when applicable.

The company serves patients who require skilled nursing, inpatient care, and long-term care services at its facilities...

  • Skilled nursing patientsprimary

    Residents and patients receiving inpatient and long-term care services at company facilities.

  • Medicare payersprimary

    Federal healthcare reimbursement for eligible inpatient and outpatient services.

  • Medicaid payersprimary

    State and managed-care reimbursement for covered nursing and care services.

  • Facility operators and tenantssecondary

    Counterparties that lease or operate properties and generate rental or transfer-related economics.

Selectis Health’s facilities are located in the United States, with operating sites in Arkansas, Georgia, Ohio, and...

  • •United States is the core operating market
  • •Facilities are concentrated in Arkansas, Georgia, Ohio, and Oklahoma
  • •Georgia and Oklahoma Medicaid rates affect healthcare revenue
  • •State-level reimbursement and regulation drive operating economics
  • •Small geographic footprint increases local concentration risk

The company’s stated priorities center on stabilizing operations, increasing revenue, and reducing costs while...

01
Improve operating revenueshort-term

Higher reimbursement and better facility utilization support the core care business.

02
Portfolio rationalizationshort-term

Selling non-core or lower-value facilities can simplify the asset base and free capital.

03
Liquidity and financing accessshort-term

The business depends on external capital to support operations and obligations.

Selectis Health faces going-concern, liquidity, and reimbursement risk because its operations depend on government...

critical

Going-concern and liquidity risk

The company disclosed substantial doubt about its ability to continue without additional funding.

Scope
Operations and debt service depend on external capital
Materiality
high
high

Government reimbursement risk

A large share of revenue depends on Medicare and Medicaid rates and settlement processes.

Scope
Healthcare revenue at Georgia and Oklahoma facilities
Materiality
high
high

Occupancy and utilization risk

Skilled nursing economics depend on census, length of stay, and facility utilization.

Scope
Owned and operated long-term care facilities
Materiality
high
high

Regulatory and compliance risk

Healthcare facilities are subject to state and federal rules affecting operations and payments.

Scope
Medicare/Medicaid participation and facility licensing
Materiality
high
medium

Operating cost inflation

Property, insurance, labor, and other operating costs can rise faster than reimbursement.

Scope
Facility-level margins and cash flow
Materiality
medium
ASC 606 healthcare revenue estimation
Can shift reported revenue and receivables as estimates are updated
Contractual allowances and payer mix
Affects net revenue and comparability across periods
Cost report settlements
Can create later-period revenue or expense adjustments
Property and equipment depreciation
Influences operating results and asset carrying values
Credit loss allowance
Affects bad debt expense and net realizable receivables

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: 29/04/2026