ARHH - Assure reports growth in Q4 & FY20 cash collection and procedures

Assure Holdings ([[ARHH]]) collected $23.9M (vs. $15.9M in prior year) in FY20 billings which include $6.5M (vs. $2.4M in prior year quarter) in Q4.Led by strong billing and collections, the company became operationally cash flow positive for the period of March through December 2020.Assure's 2020 cash collections include $1.2M+ from 2016 and 2017 receivables to be categorized as new revenue and income in 2020, as these amounts had previously been reserved and written-off.In FY20, Assure performed 9.9K+ cases (vs. 6.4K in prior year), including 3K+ (2.2K+ in year ago quarter) in Q4 and 1.1K+ (~900 in year ago month) in December.

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Assure reports growth in Q4 & FY20 cash collection and procedures