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Re: bar1080 post# 1008

Friday, 09/29/2017 12:20:57 PM

Friday, September 29, 2017 12:20:57 PM

Post# of 169237
Actuall it says; After receiving the final report from DNV CMS will issue a Medicare number that is needed to secure payment from Medicare and Medicaid. Approximately 60% of the services provided in the hospital are payable by federal payers and this number is required to receive payments and get credentialed with other insurers.

And

"This is the final hurdle to reopening this hospital and it will enable us to collect payment for services provided," said Seamus Lagan, CEO of Rennova. "We look forward to the continued success and growth of this hospital and remain confident that this is an excellent business model to create value for our shareholders."

And

We are delighted that our efforts to date have been ratified by this outcome and we look forward to the provision of additional services in the near future now that we know we can get paid," said Tony Taylor, CEO of Scott Community Hospital, Inc.

So nice open Team $RNVA keep working exciting to see continued transformation.

GLTYA



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