The assets include certain affiliated entities of Neuroprotect, including Colorado-based IONM provider NervePro owned by J. Paul Elliot, MD, of the Colorado Brain and Spine Institute, according to a Jan. 6 news release. NervePro received 1.5 million shares of common stock in Assure Holdings in the acquisition.
Assure will specifically acquire all accounts receivable for services after Dec. 1, 2022, as well as NervePro’s contracts and business relationships.
NervePro performed 750 IONM managed cases and employed three technologists in 2022. It has five surgeons across seven facilities.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
