Assure Holdings acquires intraoperative neuromonitoring services company for $700K: 3 details

Written by Alan Condon | May 30, 2019 | Print  |

Denver-based intraoperative neuromonitoring company Assure Holdings has acquired Parker, Colo-based professional IONM company, Littleton Professional Reading, for $700,000.

Three details:

1. The acquisition includes over $2.5 million of accounts receivable and closed May 29. Assure is funding the purchase with cash on hand paid in three installments over the next six months.

2. Littleton managed around 375 spine and neurosurgery cases in 2018.

3. Focusing primarily on spinal and vascular surgeries, Assure provides neurosurgeons and orthopedic spine surgeons with services that support IONM during invasive surgeries.

More articles on practice management:
Idaho hospital opens remodeled orthopedic specialty clinic — 3 details
Tri Health to open new facility featuring orthopedics, primary care
New orthopedic surgery center to open at Albuquerque hospital

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