Regional Health Properties, Inc. · OTC:RHEP
Regional Health Properties — Adcare Health Systems — Q3 2013 Earnings Presentation
11 slides from Regional Health Properties's earnings presentation, Nov 14, 2013
Slide 1: Third Quarter 2013 Conference Call Presentation
Third Quarter 2013 Conference Call Presentation NYSE MKT: ADK AdCare Health Systems, Inc. “Setting the Standard for Senior Care” ® Exhibit 99.2
Slide 2: Forward-Looking Statements
The Finest in Senior Living Management NYSE MKT: ADK Forward-Looking Statements Any forward-looking statements made in this presentation are based on management's current expectations, assumptions and beliefs about the Company’s business and the environment in which AdCare operates. These statements
Slide 3: Agenda
The Finest in Senior Living Management NYSE MKT: ADK Agenda Strategic & Operational Update Q3 & YTD 2013 Financial Detail Business Update 3
Slide 4: Strategic Update
The Finest in Senior Living Management NYSE MKT: ADK Strategic Update 4 New Chief Financial Officer New VP, Controller & Chief Accounting Officer Reconstituted finance group Significantly improved systems Timely and up-to-date SEC filings New SVP Strategy and Development New position: tasked to grow
Slide 5: Operational Results (period ended September 30, 2013)
The Finest in Senior Living Management NYSE MKT: ADK Operational Results (period ended September 30, 2013) Adjusted EBITDAR1 from continuing operations: $5.4M in Q3 2013 vs. $5.0M in Q3 2012 $5.4M in Q3 2013 vs. $4.7M in Q2 2013 4th consecutive sequential quarter of EBITDAR improvement Quarter over
Slide 6: Q3 2013 Statement of Operations Summary
The Finest in Senior Living Management NYSE MKT: ADK Q3 2013 Statement of Operations Summary 6 Consolidated Income Statement ($ in Millions except Percentages, Shares & EPS) Q3 2013 9/30/2013 Q3 2012 9/30/2012 Revenues $55.9 $53.2 Gross Profit 9.8 8.7 Gross Margin % 17.5% 16.4% Operating Expenses 8.
Slide 7: YTD 2013 Statement of Operations Summary
The Finest in Senior Living Management NYSE MKT: ADK YTD 2013 Statement of Operations Summary 7 Consolidated Income Statement ($ in Millions except Percentages, Shares & EPS) Nine Months Ended 9/30/2013 Nine Months Ended 9/30/2012 Revenues $168.5 $142.2 Gross Profit 27.3 26.5 Gross Margin % 16.2% 18
Slide 8: Balance Sheet Summary
The Finest in Senior Living Management NYSE MKT: ADK Balance Sheet Summary 8 ($ in Millions) 9/30/2013 12/31/2012 Cash & Cash Equivalents $12.7 $15.9 Accounts Receivable, net 24.3 26.0 Total Current Assets 42.4 50.4 Property & Equipment, Net 149.7 151.1 Total Assets $223.0 $234.4 Total Current Liabi
Slide 9: Business Update
The Finest in Senior Living Management NYSE MKT: ADK 297 399 0 50 100 150 200 250 300 350 400 450 At Acquisition At September 30 A ve ra ge D ai ly Ce n su s Average Daily Medicare Census Optimization Business Update 9 47 facilities 26 owned 9 leased 11 are managed for third parties One consolidated
Slide 10: Corporate Governance Matters
The Finest in Senior Living Management NYSE MKT: ADK Corporate Governance Matters Annual Shareholder Meeting: Moved to Atlanta Thursday, December 12th, 2013 New Director: Michael Fox Significant shareholder Controls 750,000 ADK shares Smaller, Reconstituted Board Have accepted the resignation of thr
Slide 11: Q & A / Company Contacts
The Finest in Senior Living Management NYSE MKT: ADK Q & A Company Contacts Boyd Gentry, CEO Ron Fleming, CFO AdCare Health Systems, Inc., Atlanta, Georgia Tel 678.869.5116 • www.adcarehealth.com Investor Relations Brett Maas, Managing Partner Hayden IR • www.haydenir.com • Tel 646.536.7331 Thank Yo
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