Replies to post #55926 on Rennova Health Inc (RNVA)

[Jerry70]

$ RNVA. Yes no doubt that Q3 should be even better than Q2 and i think why Lagan is talking about Q2 is because he will get the back pay for the month of June from Medicare & Medicaid for the Jamestown,Tn hospital which he had to cover that month and probably its a good check just for that month IMO.

Jamestown TN Medical Center, Inc. will now be able to commence billing for services provided, including retroactively to June 1, 2018, the date of acquisition by Rennova Health, Inc.

“We are delighted to have completed the CMS change of ownership process within one month of completing this acquisition” said Seamus Lagan, CEO of Rennova. “Our challenge since taking ownership has been to complete this process as soon as possible and be able to bill and get paid for the services we provide. We can now bill and be paid retroactively to June 1, the date we took ownership, and look forward to now focusing on our future sales revenue and collections”.

https://jamestownregional.com/
https://www.wbir.com/article/news/local/only-hospital-in-scott-county-reopens/462914085

GO > $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ RNVA