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.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaPatient care services delivered through owned and operated long-term care facilities.
Ownership of facilities and related property assets used for senior care operations.
Lease income from properties leased to third parties when applicable.
Tuotteet
Raportoitu · osuus liikevaihdosta- Health Care99,8 %
- Management Fee Revenue0,2 %
Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.
Asiakkaat
The company serves patients who require skilled nursing, inpatient care, and long-term care services at its facilities. Payment is typically routed through third-party payers such as Medicare and Medicaid, with reimbursement terms shaping realized revenue. It also has exposure to operators or tenants where facilities are leased or transferred.
Residents and patients receiving inpatient and long-term care services at company facilities.
Federal healthcare reimbursement for eligible inpatient and outpatient services.
State and managed-care reimbursement for covered nursing and care services.
Counterparties that lease or operate properties and generate rental or transfer-related economics.
Strategia
The company’s stated priorities center on stabilizing operations, increasing revenue, and reducing costs while maintaining access to financing. It also appears focused on portfolio simplification and asset actions, including facility sales, to align the business with available capital and operating capacity.
Higher reimbursement and better facility utilization support the core care business.
Selling non-core or lower-value facilities can simplify the asset base and free capital.
The business depends on external capital to support operations and obligations.
Maantiede
Selectis Health’s facilities are located in the United States, with operating sites in Arkansas, Georgia, Ohio, and Oklahoma. Its portfolio is concentrated in a small number of states, so reimbursement rules, labor conditions, and state Medicaid rates can materially affect operations and revenue.
Riskit
Selectis Health faces going-concern, liquidity, and reimbursement risk because its operations depend on government payer rates and access to external financing. It is also exposed to occupancy, labor, regulatory, and operator/tenant risks typical of skilled nursing and healthcare real estate businesses.
The company disclosed substantial doubt about its ability to continue without additional funding.
Kohdistuu: Operations and debt service depend on external capital
A large share of revenue depends on Medicare and Medicaid rates and settlement processes.
Kohdistuu: Healthcare revenue at Georgia and Oklahoma facilities
Skilled nursing economics depend on census, length of stay, and facility utilization.
Kohdistuu: Owned and operated long-term care facilities
Healthcare facilities are subject to state and federal rules affecting operations and payments.
Kohdistuu: Medicare/Medicaid participation and facility licensing
Property, insurance, labor, and other operating costs can rise faster than reimbursement.
Kohdistuu: Facility-level margins and cash flow
Kirjanpito
Harkinnanvaraiset erätRevenue is recorded net of estimated allowances and depends on expected reimbursement from payers.
Vaikutus: Can shift reported revenue and receivables as estimates are updated
Managed care, Medicare, and Medicaid reimbursement terms require monthly estimation.
Vaikutus: Affects net revenue and comparability across periods
Government program reimbursements are adjusted after filings and final settlements.
Vaikutus: Can create later-period revenue or expense adjustments
Facility assets are capital intensive and depreciated over long lives.
Vaikutus: Influences operating results and asset carrying values
Patient and payer receivables require estimation of uncollectible amounts.
Vaikutus: Affects bad debt expense and net realizable receivables
Samankaltaisia listattuja yhtiöitä
Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.
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