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Selectis Health Inc. operates as a public healthcare company focused on healthcare facilities that provide living services, speech, occupational and physical therapies, social services, rehabilitation and related healthcare services. The company has described its facility footprint across Arkansas, Georgia, Ohio and Oklahoma, with an emphasis on care settings serving aging populations.
Recurring developments for GBCS include skilled nursing facility portfolio changes, completed asset sales, material agreements, capital-structure updates, shareholder voting matters and operating and financial results. Company announcements also cover governance changes, including board and executive appointments, as well as healthcare regulatory disclosure topics tied to its facility operations.
Global Healthcare REIT, Inc., now rebranding as Selectis Health, Inc. (OTC: GBCS), has received its Nursing Facility License from the Oklahoma State Department of Health for the Park Place & Rehab Center. The renovated 106-bed facility began admitting residents on March 26, 2021, after a $1 million upgrade. The company is also initiating the Medicaid and Medicare certification process. CEO Lance Baller expressed optimism about the facility’s potential to attract patients and its expected growth, aided by COVID-19 vaccinations. A conference call is scheduled for April 1, 2021, to discuss 2020 financial results.