Rennova Health Inc (RNVA)

[nfrequent]

There were lots of one-time charges associated with ceased operations and facility closures. The history, as I understand it, involved the merger of two companies losing money hand over fist due to overly optimistic business models into RNVA. After the merger, the CEO went about clearing away the dead wood and began playing to the remaining strengths and market opportunities. The federal CAH designation was a real difference maker.