Assure Holdings Closes Sale of Certain Assets to MPOWERHealth [Yahoo! Finance]
Assure Holdings Corp. (IONM)
Company Research
Source: Yahoo! Finance
neuromonitoring (“IONM”) and remote neurology services, today announced that it closed the sale of certain assets of its IONM business to MPOWERHealth on March 26, 2024. The sale includes proceeds of up to $4.5 million, of which $2.32 million was paid in cash at the initial closing and up to an additional $2.18 million to be paid in relation to a potential earnout payment tied to case volume from the acquired assets during the 12-month period following the initial closing. The asset sale includes most of the Company's healthcare facility contracts and clinical equipment, and a majority of the Company's employees. The Company retains certain of its assets, including but not limited to, its accounts receivable and its employees in the revenue cycle management team. About Assure Holdings Assure Holdings Corp. is a best-in-class provider of outsourced intraoperative neuromonitoring and remote neurology services. The Company delivers a turnkey suite of clinical and operational services
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IONM
News
- Assure Holdings Closes Sale of Certain Assets to MPOWERHealth [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Assure Holdings Closes Sale of Certain Assets to MPOWERHealthGlobeNewswire
- Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealth [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealth [Yahoo! Finance]Yahoo! Finance
- Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealthGlobeNewswire
IONM
Earnings
- 8/14/23 - Beat
IONM
Sec Filings
- 4/26/24 - Form 10-K
- 4/26/24 - Form 425
- 4/26/24 - Form 8-K
- IONM's page on the SEC website