Selectis Health Inc (OTC: GBCS) is a long-term care company that owns and operates Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern United States. Revenue is generated through direct healthcare operations, a model the company shifted toward in 2019 when it moved away from leasing facilities to third-party operators in favor of running facilities through wholly-owned subsidiaries. As of December 31, 2025, the company owned 12 healthcare facilities and operated nine of them directly. Following the sale of two Georgia facilities in January 2026 for $13.2 million, the active operating portfolio stood at seven facilities. The company was previously named Global Healthcare REIT, Inc. (from September 2013 to May 2021) and, before that, Global Casinos, Inc. Cash flows provided by operating activities were $1,882,030 for the year ended December 31, 2025, compared to cash used in operating activities of $1,824,437 for the year ended December 31, 2024.

Revenue model

Selectis earns revenue by directly operating long-term care facilities through wholly-owned subsidiaries, collecting fees from residents receiving assisted living, independent living, and skilled nursing services. Prior to 2019, the revenue model was primarily rental income from leasing facilities to third-party operators.

Products and services

Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities (SNFs). The company also holds real estate associated with its healthcare operations.

Customers and end markets

Residents of senior housing and long-term care facilities. End markets include assisted living, independent living, and skilled nursing care, with reimbursement exposure to Medicare and Medicaid programs as well as private pay.

Value-chain role

Owner-operator of long-term care real estate and healthcare facilities. The company holds the physical properties and directly manages operations through independent operating subsidiaries, making it both landlord and healthcare service provider.

Geographic exposure

South and Southeastern United States. As of December 31, 2025, the company owned 12 facilities in this region. Two Georgia facilities were sold in January 2026.

Competitors

REITs investing in healthcare real estate, Private equity investors in senior housing, Independent healthcare operators, Other skilled nursing and assisted living operators

Source: SEC 10-K, filed 2026-04-15

Industry: Real Estate Investment Trusts Peers: AMERICAN REALTY CAPITAL HEALTHCARE TRUST II, INC. Community Healthcare Trust Inc Diversified Healthcare Trust Chiron Real Estate Inc Welltower Inc Universal Health Realty Income Trust