Rennova Health Inc (RNVA)

[Filterthenoise]

Some more food for the pumpers

The more I read the more it smells more like a political labor dispute between the company and some unhappy apples working at this location. The company is possibly trying to smoke them out. Now the Left wing political labor groups and politicians have joined in to push back against the company.


RNVA responds

"We have no plans to close hospitals. Quite the opposite, the hospitals you mention have recently been acquired by Rennova as part of a long term business strategy." the company wrote. "Unfortunately the transition of one of the hospitals mentioned has been more tumultuous that the others and resulted in an unexpected reduction in monthly collections over the past three months. This increased the financial pressure on the business but is being immediately rectified. We are very comfortable that this along with new management will result in an immediate correction to a number of recently reported matters and will ensure a successful future for the hospital."