ARHH - Assure Holdings Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.9689
+0.0489 (+5.32%)
At close: 1:35PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.9200
Open0.9628
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.9628 - 0.9689
52 Week Range0.5110 - 2.1500
Volume2,000
Avg. Volume10,533
Market Cap33.099M
Beta (5Y Monthly)1.87
PE Ratio (TTM)8.97
EPS (TTM)0.1080
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    • GlobeNewswire

      Assure Holdings Expands Operations With First Neuromonitoring Case in Arizona

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it has performed its first neuromonitoring case in the state of Arizona. Pursuant to the Agreement, Assure is providing IONM services at one hospital in the Phoenix-area.

    • GlobeNewswire

      Assure Holdings Reports Fourth Quarter and Full Year 2019 Financial Results

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), reported financial results for the fourth quarter and full year ended December 31, 2019. Assure’s financial results in the fourth quarter and full-year 2019 were primarily impacted by two factors, a 2020 dispute with a payor that has triggered the re-evaluation of accounts receivable as of December 31, 2019, and the Company’s bi-annual review of its own collection experience for technical and professional cases completed over the previous 24-months. The Company is in a protracted negotiation with a private health insurance company over a dispute in which cases were performed, services were rendered by Assure and appropriate claims were then submitted, but reimbursement associated with the technical services performed by Assure were not subsequently made by the payor.

    • GlobeNewswire

      Assure Holdings Sets Fourth Quarter and Full Year 2019 Conference Call for Friday, May 29, 2020, at 12:00 p.m. ET

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services, will hold a conference call on Friday, May 29, 2020, at 12:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2019. The Company will report its financial results in a press release prior to the conference call. Assure’s executive chairman and CEO John Farlinger, CFO Trent Carman and Founder Preston Parsons will host the conference call, followed by a question and answer period.

    • GlobeNewswire

      Assure Holdings Closes Convertible Debenture Offering

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), announces the closing of the previously announced non-brokered private placement of convertible debenture units (the “Offering”) raising a total of US$830,000. The Offering was completed in two tranches, the last of which closed on May 18, 2020. In total, the Company issued an aggregate of 830 unsecured redeemable convertible debentures and 830,000 common share purchase warrants.

    • How Does Assure Holdings Corp. (CVE:IOM) Affect Your Portfolio Volatility?
      Simply Wall St.

      How Does Assure Holdings Corp. (CVE:IOM) Affect Your Portfolio Volatility?

      If you own shares in Assure Holdings Corp. (CVE:IOM) then it's worth thinking about how it contributes to the...

    • GlobeNewswire

      Assure Holdings Closes First Tranche of Convertible Debenture Unit Offering

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), announces that it has upsized its previously announced non-brokered private placement of convertible debenture units from US$500,000 to US$1,000,000 (the “Offering”). Assure also announces that it has closed the first tranche (the “First Tranche Closing”) of the Offering, pursuant to which the Company issued 800 unsecured redeemable convertible debentures (the “Debentures”), each with a principal amount of US$1,000 and 800,000 share purchase warrants (the “Warrants”) for aggregate gross proceeds of US$800,000. The net proceeds of the Offering will be used for working capital and to retire part of the US$700,000 obligation due on May 15, 2020, associated with completing the acquisition of Neuro-Pro Monitoring, as previously announced on April 3, 2020.

    • GlobeNewswire

      Assure Holdings Provides Business Update

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services, announced that it has continued to take proactive steps to ensure business stability through the novel coronavirus (COVID-19) pandemic. “Although Assure has seen over a 50% decline in the number of procedures performed in March and April due to a downturn in elective procedures driven by the COVID-19 pandemic, we have been encouraged by the healthy volume of cases already scheduled for May. In addition, we anticipate that the majority of the procedures that were postponed in March and April will be rescheduled for another time in 2020,” said John A. Farlinger, Assure’s executive chairman and CEO. The Company is already cash flow positive in the month of April, the second consecutive month of cash flow positive results.

    • GlobeNewswire

      Assure Holdings Secures United States Small Business Administration Loan Under CARES Act

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), announced today that it has received a loan (“Loan”) under the United States Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) pursuant to the recently adopted Coronavirus Aid, Relief, and Economic Security Act. Assure has received a $1,210,700 unsecured PPP Loan. The two-year, SBA-administered PPP loan has an interest rate of 1.0% per annum, with principal and interest payments due on the first day of each month, with payments commencing on December 1, 2020.

    • GlobeNewswire

      Assure Holdings Appoints Sean Blosser as Vice President of Revenue Cycle Management

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), has appointed Sean Blosser to the newly created position of vice president of revenue cycle management (RCM). As a key member of Assure’s leadership team, Blosser will oversee expedient billing, accounts receivable operations, and the implementation of scalable processes to increase efficiency, quality and success. Blosser’s work will also align with Assure’s vice president of strategy Paul Webster, who will now focus on payer strategy and developing an in-network revenue stream by securing agreements with commercial insurance providers.

    • GlobeNewswire

      Assure Holdings Provides COVID-19 Related Business Update

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), announced updates resulting from rapidly changing market conditions driven by the novel coronavirus (COVID-19) pandemic. Farlinger concluded, “The actions we had previously put in place to make our collections cycle more efficient, reduce our outstanding accounts receivable and improve cash flow were very successful in March.”

    • GlobeNewswire

      Assure Holdings Continues Expansion in Texas with New Agreement in Greater Houston

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), has entered into an agreement with a surgeon group based in South Texas (the “Agreement”). Pursuant to the Agreement, Assure is providing IONM for one hospital serving residents in the Greater Houston area of Texas. This agreement brings the total number of surgeons Assure is currently working with in Texas to 28 with more expected to be added to the platform soon.

    • GlobeNewswire

      Assure Holdings Continues Expansion into Central Michigan

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), has entered into an agreement dated February 10, 2020, with a surgeon group based in Central Michigan (the “Agreement”). Pursuant to the Agreement, Assure is providing IONM for two medical facilities serving residents in Central Michigan and will be the preferred provider at one of those facilities. Assure has already performed its first case with this surgeon group.

    • GlobeNewswire

      Assure Holdings Completes Acquisition of Neuro-Pro Monitoring

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it has completed (the “Completed Agreement”) the previously announced acquisition (the “Acquisition”) of all of the assets of Neuro-Pro Monitoring (Neuro-Pro), one of the largest IONM service providers in Texas. Assure acquired Neuro-Pro, one of the largest IONM companies serving the Dallas Ft. Worth metroplex. Neuro-Pro’s total number of procedures was 2,551 in 2019.

    • GlobeNewswire

      Assure Holdings Reaches Agreement with Clever Claims to acquire full ownership of Velocity Revenue Cycle, LLC

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), has reached an agreement (the “Agreement”) with Clever Claims, LLC (Clever) to acquire Clever’s 35% stake (the “Clever Stake”) in Velocity Revenue Cycle, LLC (“Velocity”), the joint venture billing and collection company. Pursuant to the terms of the Agreement and effective on December 31, 2019, Clever assigned the Clever Stake, in exchange for nominal consideration, to Member Assure Billing, LLC, which is a subsidiary of the Company. “We appreciate Clever’s support in helping Assure establish a billing and collections platform and the automated workflow processes capable of handling the substantial volume of claims the Company is generating as it accelerates growth,” said John A. Farlinger, executive chairman and CEO.

    • GlobeNewswire

      Assure to Attend Investor Conferences in February and March 2020

      Last year, the ROTH Conference hosted approximately 550 participating companies and over 5,100 attendees including institutional investors, analysts, family offices and high net-worth investors. More than 120 small-cap companies will present and meet with approximately 650 institutional investors, as well as family offices and investment advisors. Assure Holdings Corp. is a Colorado-based company that works with neurosurgeons and orthopedic spine surgeons to provide a turnkey suite of services that support intraoperative neuromonitoring activities during invasive surgeries.

    • GlobeNewswire

      Assure Holdings Closes Third Tranche of Convertible Debenture Unit Offering

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), is pleased to announce that it has closed the third tranche (the “Third Tranche Closing”) of its previously announced non-brokered private placement offering of up to US$4 million (the “Offering”) of units of the Company (the “Units”), for gross proceeds of approximately US$886,000. Each Unit is comprised of one unsecured redeemable convertible debenture (the “Debentures”), each with a principal amount of US$1,000 and 357 share purchase warrants (the “Warrants”). In connection with the Third Tranche Closing, the Company issued approximately 886 Debentures and 316,302 Warrants.

    • GlobeNewswire

      Assure Holdings Performs First Neuromonitoring Case in South Carolina

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it has performed its first neuromonitoring case in the state of South Carolina. “Assure is continuing to generate strong organic growth and will remain proactive in expanding within states we currently serve and extending to geographies outside of our current footprint that present compelling opportunities,” said John A. Farlinger, Assure’s executive chairman and CEO. Over the past two years, Assure has extended its operations beyond its home state of Colorado and now provides IONM services in Texas, Louisiana, Utah, Pennsylvania, Michigan and South Carolina.

    • GlobeNewswire

      Assure Holdings Continues Expansion in Western Colorado

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), has entered into an agreement with a five-surgeon group based in Western Colorado (the “Agreement”). Pursuant to the Agreement, Assure is providing IONM for two hospitals, one of which is the largest medical center between Denver, Colorado and Salt Lake City, Utah. Assure has already performed its first case with this surgeon group.

    • GlobeNewswire

      Assure Holdings Announces Financing Updates

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), is pleased to announce updates relating to the closing of the second tranche of its convertible debenture unit offering and receiving an extension of promissory notes issued to Neuro-Pro Monitoring. Assure has closed the second tranche (the “Second Tranche Closing”) of its previously announced non-brokered private placement offering of up to US$4,000,000 (the “Offering”), pursuant to which the Company issued approximately 470 unsecured redeemable convertible debentures (“Debentures”), each with a principal amount of US$1,000 and 167,790 share purchase warrants (“Warrants”) for aggregate gross proceeds of approximately US$470,000.

    • GlobeNewswire

      Assure Holdings Exceeds 2019 Operational Guidance

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce a record number of total procedures for the fourth quarter ended December 31, 2019 amid strong growth in comparison to the fourth quarter of 2018. In addition, the Company’s preliminary results exceeded its previously disclosed full-year 2019 guidance range of 5,400 to 5,800 procedures. “The Company reported a record number of procedures in the fourth quarter, and our full year 2019 managed case volume increased by 91% compared to full year 2018,” said John A. Farlinger, Assure’s executive chairman and CEO.

    • A Close Look At Assure Holdings Corp.’s (CVE:IOM) 15% ROCE
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      A Close Look At Assure Holdings Corp.’s (CVE:IOM) 15% ROCE

      Today we are going to look at Assure Holdings Corp. (CVE:IOM) to see whether it might be an attractive investment...

    • GlobeNewswire

      Assure Holdings Announces Amendments to Previously Announced Convertible Debenture Unit Financing  

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that as a result of increased demand, the Company intends to amend the terms of its previously announced non-brokered private placement of convertible debenture units (each, a “CD Unit” and collectively, the “CD Units”) for gross proceeds of up to C$4,000,000 (the “Offering”). As announced on December 16, 2019, the Company closed the first tranche of the Offering, pursuant to which the Company issued approximately 1,206 unsecured redeemable convertible debentures (each, a “Debenture” and collectively, the “Debentures”), each with a principal amount of C$1,000 and approximately 261,790 share purchase warrants (each, a “Warrant” and collectively, the “Warrants”) for aggregate gross proceeds of approximately C$1,206,000.

    • GlobeNewswire

      Assure Holdings Closes C$1.2 Million First Tranche of Convertible Debenture Unit Offering

      Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering of up to C$4,000,000 (the “Offering”), pursuant to which the Company issued approximately 1,206 unsecured redeemable convertible debentures (“Debentures”), each with a principal amount of C$1,000 and approximately 261,790 share purchase warrants (“Warrants”) for aggregate gross proceeds of approximately C$1,206,000. The net proceeds of the offering will be used for working capital and growth capital purposes. Beginning on the first year anniversary of the closing date: (i) each Debenture will be convertible into common shares of the Company (the “Common Shares”) at a conversion price of C$2.30 (the “Conversion Price”) until the Maturity Date; (ii) the Company shall be able to require Debentureholders to convert their Debentures into Common Shares at the Conversion Price in the event the VWAP of the Common Shares on the TSX Venture Exchange (the “TSXV”) is greater than C$2.87 for ten consecutive trading days; and (iii) the Debentures will be redeemable at the option of the Company, at 100% of the principal amount then outstanding.

    • Global OTCQX Consumer and Resource Company Investor Presentations Now Available for On-Demand Viewing
      PR Newswire

      Global OTCQX Consumer and Resource Company Investor Presentations Now Available for On-Demand Viewing

      Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the December 4th and 5th conference are now available for on-demand viewing at VirtualInvestorConferences.com. The event featured presentations from OTCQX consumer and resource company executives as well as a capital markets overview of the cannabis industry from keynote speaker Scott Greiper of Viridian Capital Advisors.

    • Assure Holdings to Webcast Live at VirtualInvestorConferences.com December 5th
      PR Newswire

      Assure Holdings to Webcast Live at VirtualInvestorConferences.com December 5th

      Assure Holdings Corp. (TSXV: IOM; OTCQB: ARHH), a healthcare company and provider of intraoperative neuromonitoring services (IONM), today announced that John A. Farlinger, the company's executive chairman and CEO, will present live at VirtualInvestorConferences.com on December 5th.