Welcome to our dedicated page for Assure Hldgs news (Ticker: IONM), a resource for investors and traders seeking the latest updates and insights on Assure Hldgs stock.
About Assure Holdings Corp. (NASDAQ: IONM)
Assure Holdings Corp. is a Colorado-based healthcare company specializing in outsourced intraoperative neuromonitoring (IONM) and remote neurology services. The company plays a critical role in supporting surgeons and medical facilities during invasive procedures that pose risks to the nervous system. These include neurosurgery, spine, cardiovascular, orthopedic, and ear, nose, and throat (ENT) surgeries. By providing a comprehensive, turnkey suite of clinical and operational services, Assure ensures the functional integrity of patients' neural structures during surgery, enhancing both safety and outcomes.
Comprehensive Service Offering
Assure's business model is built around delivering a fully integrated solution for IONM. The company employs its own highly trained technologists, uses state-of-the-art monitoring equipment, and manages all aspects of scheduling and setup. Physicians employed through Assure subsidiaries provide real-time remote monitoring and collaborate directly with surgeons and technologists in the operating room. This seamless integration of services ensures continuity, reliability, and confidence for all stakeholders involved in the surgical process.
Industry Accreditation and Commitment to Quality
Accredited by The Joint Commission, Assure Holdings is committed to delivering exceptional surgical care and a superior patient experience. This accreditation underscores the company's adherence to the highest industry standards, further solidifying its reputation as a trusted partner in the healthcare ecosystem.
Market Position and Differentiation
Operating within the highly specialized field of intraoperative neuromonitoring, Assure differentiates itself through its comprehensive service model and direct operating room support. Unlike competitors who may only provide partial services, Assure offers end-to-end solutions, from technical setup to real-time monitoring and billing. This holistic approach not only simplifies processes for medical facilities but also enhances patient safety and surgical outcomes.
Core Focus Areas and Expansion Potential
While Assure primarily supports spinal and vascular surgeries, its capabilities extend to a wide range of medical specialties. The company has also indicated plans to expand its services to other areas of medicine that rely on intraoperative neuromonitoring as a standard of care. This strategic focus positions Assure as a versatile and scalable player in the healthcare industry.
Value Proposition
Assure's patient-driven focus is at the core of its operations, ensuring that all stakeholders—from surgeons to patients—benefit from its high-quality services. By employing the industry's best technologists and leveraging cutting-edge equipment, the company instills confidence and reliability in its offerings, making it a preferred choice for medical facilities and surgeons alike.
Assure Holdings, a provider of intraoperative neuromonitoring and remote neurology services, announced the approval of an amendment to increase its authorized shares of common stock from 9 million to 250 million. Shareholders approved this proposal at the adjourned Special Shareholder Meeting on May 14, 2024. The company plans to promptly amend its Articles of Incorporation to reflect this change. CEO John Farlinger expressed gratitude for the shareholders' support, highlighting the increased flexibility for capital raising and strategic execution.
Assure Holdings, a provider of intraoperative neuromonitoring (IONM) and remote neurology services, announced the postponement of its joint corporate update call with Danam. Originally scheduled for May 16, 2024, at 4 p.m. Eastern Time, the call will be rescheduled to a later date. The company did not provide specific reasons for the delay or the new date for the call.
Assure Holdings Corp. (NASDAQ: IONM) will host a joint corporate update call with Danam on May 16, 2024, at 4:00 PM Eastern Time. This call will provide significant updates about the company's operations and strategies. Interested parties can join the call using the toll-free number 877-545-0523 or international number 973-528-0016 with the access code 229289. A webcast and replay will also be available for those who cannot attend the live event.
The details and replay options indicate an effort to ensure stakeholders are well-informed about current and future company developments in intraoperative neuromonitoring and remote neurology services.
Assure Holdings Corp. is seeking approval to increase the number of authorized shares in the Company's common shares from 9,000,000 to 250,000,000. While over 95% of the received votes are in favor of the increase, more votes are needed to reach the required threshold of 50% of outstanding shares. Stockholders are urged to vote 'FOR' the proposal to avoid any delay in the completion of the increase.
FAQ
What is the current stock price of Assure Hldgs (IONM)?
What is the market cap of Assure Hldgs (IONM)?
What does Assure Holdings Corp. do?
How does Assure generate revenue?
What surgeries does Assure support?
How is Assure different from its competitors?
What is intraoperative neuromonitoring (IONM)?
Is Assure accredited?
Who are Assure's primary customers?
What equipment does Assure use?
Does Assure provide real-time monitoring?
What is Assure's mission?
