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Assure Holdings (TSXV:IOM) expands into Nevada

Health Care
TSXV:IOM
08 October 2021 13:15 (EDT)

Assure Holdings (IOM) has expanded its operations with its first neuromonitoring case in Nevada.

It has signed an agreement to serve eight hospitals in the state, primarily in the Las Vegas Metro Area.

It will begin working with five surgeons that specialize in neurosurgery and orthopedic spine surgery who perform approximately 2,000 procedures per year. 

The company is now operating in twelve states: Colorado, Texas, Louisiana, Utah, Pennsylvania, Michigan, South Carolina, Arizona, Kansas, Missouri, Nebraska and Nevada.

John A. Farlinger, Assure’s Executive Chairman and CEO, stated,

“We expect to grow rapidly in Nevada and are confident in our ability to take advantage of sizeable business development opportunities in the state. On a per capita basis, Las Vegas is among the largest spine surgery markets in the nation. Over the next year, we anticipate that Nevada will be among Assure’s fastest-growing markets.”

Assure Holdings provides intraoperative neuromonitoring services during invasive surgeries.

Assure Holdings (IOM) is unchanged trading at $9.30 per share as of 10:45 am ET.

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