ARHH - Assure Holdings acquires Elevation terms not disclosed

Assure Holdings (ARHH) has announce that effective March 15, it acquires the assets of Elevation EP, a Texas-based IONM service provider.Assure acquired Elevation’s contracts, employees, business relationships and assets. In 2020, Elevation performed ~550 IONM procedures and ~55% of these procedures were commercial insurance payors. “This Acquisition expands our presence in Texas, and we expect to leverage our scale in the state to negotiate new in-network agreements with payors in the local market." said John A. Farlinger, Assure’s executive chairman and CEO.

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Assure Holdings acquires Elevation, terms not disclosed