Rennova Health Inc (RNVA)

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How could you not know about the layoff-announcement? More...

"Oneida, TN (2018-06-05) In what was described as a strategic business move to better position the facility to meet its long-term sustainability, Big South Fork Medical Center has announced it will lay off 20 of its current 135 employees.

In a press release Tuesday afternoon, Rennova Health announced its intentions to reduce staffing at Big South Fork Medical Center by nearly 15%, as the facility begins transitioning from its start-up phase to a long-range sustainable business model. The company said the staff reduction was the result of a recent evaluation of the facility’s cost structure based on its current level of business, and its future business development options and synergies for the long-term sustainability of the hospital."

http://www.wbnt.com/2018/06/06/big-south-fork-medical-center-reduces-staff-20-laid-off/