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Replies to post #55920 on Rennova Health Inc (RNVA)
USNCS7
07/05/18 9:48 PM
#55926 RE: Jerry70 #55920
Jerry70
07/05/18 9:53 PM
#55928 RE: Jerry70 #55920
Scott County Hospital is classified as a Critical Access Hospital (rural), with 25 beds, a 24/7 emergency department, operating rooms and a laboratory that provides a range of ancillary diagnostic services. The purchase includes a 52,000 sq. ft. hospital building and a 6,300 sq. ft. professional building on approximately 4.3 acres. Rennova acquired the assets out of bankruptcy for $600,000 in cash, plus the repayment of approximately $400,000 of debt secured by the foregoing land and buildings. Rennova believes it will have the hospital open in part in the second quarter of 2017 and that the hospital will be fully operational by the third quarter of 2017.