ARHH - Assure sets monthly cash collection record in June

Assure (ARHH) announces a monthly record of $2.7M cash collected in June 2021.This includes collection of $1.6M for IONM revenue that it retains 100%.It has collected more than $0.8M of pre-acquisition accounts receivable owed to Sentry Neuromonitoring, a Texas-based IONM service provider that the company acquired on April 30, 2021.Company expects to continue the strong trend of collections in 2021.“The Company reported more than 1,600 cases in June 2021, our highest number of monthly procedures ever. We are continuing to show particular strength in Texas and are benefitting from the Company’s professional neurology services for IONM launched earlier this year, which is boosting our total number of cases performed. Assure continues to expect our case volume to grow by at least 70% in 2021.” comments John A. Farlinger, executive chairman and CEO.SA Contributor writes: 'Assure Holdings: Vastly Improved, But You Have To Look Carefully To Notice'

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Assure sets monthly cash collection record in June