Assure Holdings Acquires Certain Assets of Innovation Neuromonitoring, LLC
DENVER, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the "Company" or "Assure") (NASDAQ:IONM), a provider of intraoperative neuromonitoring ("IONM") and remote neurology services, today announced that it has acquired certain assets of Innovation Neuromonitoring, LLC ("Innovation") for approximately $1.2 million in a cash and equity transaction. John Farlinger, Assure's executive chairman and CEO, commented, "The purchase of assets from Innovation is a strong strategic fit with our existing business and provides us with the opportunity to scale our operations rapidly. Innovation currently services more than 3,000 surgeries each year including Texas, our largest market. Importan