Senior Housing News January 8, 2025
Austin Montgomery

Regional Health Properties (NYSE: RHE) and SunLink Health Systems have agreed to merge, and they are bringing a couple of familiar faces in senior living with them as advisors.

Regional Health is merging with SunLink, with plans for SunLink shareholders to own about 43% of the combined company.

Regional Health manages 11 senior care properties and skilled nursing facilities, totaling just over 1,200 beds, and SunLink holds investments in one community hospital, two skilled nursing facilities, a healthcare technology company and a specialty pharmacy company, according to the companies’ websites.

Morrison will keep his role as president and CEO when the companies combine, and current SunLink CEO Robert Thornton, Jr. will take on the role of executive vice president of...

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Topics: Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
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