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Stock impact report

Share this Story: Assure Holdings Announces Acquisition of NervePro [Financial Post (Toronto, Ontario, Canada)]

Assure Holdings Corp. (IONM) 
Company Research Source: Financial Post
Author of the article: DENVER, Jan. 06, 2023 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “ Company ” or “ Assure ”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“ IONM ”) and remote neurology services, is pleased to announce that on December 31, 2022, it completed the acquisition (the “ Acquisition ”) of substantially all of the assets of Neuroprotect Neuromonitoring, LLC, and certain of its affiliated entities (collectively, “ NervePro ”), a Colorado-based IONM service provider owned by J. Paul Elliott, M.D. of the Colorado Brain & Spine Institute (“ CBSI ”). Assure acquired specifically, accounts receivable for services after December 1, 2022, as well as NervePro's material contracts, business relationships and other tangible assets. NervePro's operations are based in the Denver-metro area of Colorado. In 2022, NervePro performed approximately 750 IONM managed cases covered by commercial insurance payors and employed three technologists supporting five surgeo Show less Read more
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