RNVA Rennova Health

RENNOVA HEALTH OPENS KNOXVILLE TN OFFICE TO MANAGE AND OVERSEE HOSPITAL OPERATIONS

RENNOVA HEALTH OPENS KNOXVILLE TN OFFICE TO MANAGE AND OVERSEE HOSPITAL OPERATIONS

WEST PALM BEACH, Fla., June 22, 2020 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA), (OTC: RNVAW) (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers that has transitioned its core business from diagnostics to rural hospital ownership over the past three years, announces that on June 22 it has opened Knoxville TN based offices for its wholly owned subsidiary Rennova Community Health, Inc. to oversee and manage all hospital and physician office operations in Tennessee and Kentucky.

The Company has appointed Michael Alexander, FACHE as COO of hospital operations in Rennova Community Health, Inc. Mr. Alexander is a highly accomplished and experienced Operations Executive specialized in hospital administration and healthcare operations. Prior to joining Rennova Health Mr. Alexander spent 10 years as Hospital Administrator with Tanner Health Systems in Georgia, where he managed overall operations of a 25-bed joint commission-accredited Critical Access Hospital with over $98 million in revenue and over 22,000 ED visits per year. Mr. Alexander has a B.S. in Psychology from Troy University, Troy, Alabama, and an M.S. in Community Counseling from Georgia State University, Atlanta, Georgia.

“We believe the opening of an office in Knoxville, local to our operations will make it easier to attract the management team and employees we require to centralize a number of services like financial management, revenue cycle management and purchasing that can be centralized and shared by our various locations” said Seamus Lagan, CEO of Rennova Health, Inc. “Centralizing these management services is a key component of our business strategy to own and operate a cluster of rural hospitals.”

“I look forward to implementing the efficiencies and oversight that are required to ensure our operations are sustainable and grow” said Michael Alexander, COO of Rennova Community Health, Inc. “I also look forward to us reopening our Jamestown hospital and believe the decision to open a Knoxville based office demonstrates the commitment from Rennova to be a long term provider of health care services in the eastern Tennessee area.”

About Rennova Health, Inc.

operates three rural hospitals and a physician’s office in Tennessee and a physician’s office in Kentucky and provides industry-leading diagnostics and supportive software solutions to healthcare providers. Through an ever-expanding group of strategic brands that work in unison to empower customers, we are creating the next generation of healthcare. For more information, please visit

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Contacts:

Rennova Health

Sebastien Sainsbury, 561-666-9818







# # #

EN
22/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Rennova Health

 PRESS RELEASE

RENNOVA HEALTH, INC. ANNOUNCES STOCK EXCHANGE AGREEMENTS WITH FOXO TEC...

RENNOVA HEALTH, INC. ANNOUNCES STOCK EXCHANGE AGREEMENTS WITH FOXO TECHNOLOGIES, INC. FOR TWO OPERATING SUBSIDIARIES WEST PALM BEACH, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) is pleased to announce that it has entered into two stock exchange agreements with FOXO Technologies, Inc., an NYSE American-listed company (“FOXO”)(NYSE American: FOXO). In the first agreement, Rennova’s equity in Myrtle Recovery Centers, Inc., the Company’s behavioral health services subsidiary, was exchanged for $500,000 of common stock (which will be issued by FOXO on approval by t...

 PRESS RELEASE

RENNOVA HEALTH, INC., ANNOUNCES THE EXPIRATION OF WARRANTS TO PURCHARE...

RENNOVA HEALTH, INC., ANNOUNCES THE EXPIRATION OF WARRANTS TO PURCHARE OVER FOUR HUNDRED BILLION COMMON SHARES WEST PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) announces that certain Series A, B and C warrants to purchase approximately 403,788,906,644 shares of common stock expired on March 21, 2024, and that on March 20, 2024, the Company and certain institutional warrant holders agreed that, with regard to Series B Warrants to acquire 101,350,000,000 shares of common stock, subject to certain terms, the termination date of such Warrants would be...

 PRESS RELEASE

RENNOVA HEALTH, INC. CEO PROVIDES JANUARY 2024 MESSAGE TO SHAREHOLDERS

RENNOVA HEALTH, INC. CEO PROVIDES JANUARY 2024 MESSAGE TO SHAREHOLDERS WEST PALM BEACH, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) Chief Executive Officer, Seamus Lagan provides the following message to shareholders. Dear Fellow Shareholders, As we begin 2024, I want to provide an update on some of our recent accomplishments and outline our plans for the future. Our efforts in recent years to build and sustain a viable business model for our healthcare services operations have gained momentum. 2023 was a significant year for the Company both operationally ...

 PRESS RELEASE

RENNOVA HEALTH, INC. ANNOUNCES THE OPENING OF ITS NONRESIDENTIAL OFFIC...

RENNOVA HEALTH, INC. ANNOUNCES THE OPENING OF ITS NONRESIDENTIAL OFFICE-BASED OPIATE TREATMENT FACILITY WEST PALM BEACH, Fla., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) is pleased to announce that its behavioral health services subsidiary, Myrtle Recovery Centers, Inc. (“Myrtle”), has opened a Nonresidential Office-Based Opiate Treatment Facility (“OBOT”). The facility began accepting patients on November 1, 2023 and is located adjacent to Myrtle’s alcohol and drug treatment facility in Oneida, Tennessee. “We are delighted to further develop our Myrtle strategy,”...

 PRESS RELEASE

RENNOVA HEALTH, INC. ANNOUNCES SIGNIFICANT DEBT RESTRUCTURING

RENNOVA HEALTH, INC. ANNOUNCES SIGNIFICANT DEBT RESTRUCTURING WEST PALM BEACH, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTC: RNVA) is pleased to announce a significant debt restructuring with its primary institutional investors. The restructuring extends the maturity date of approximately $8.2 million of secured debt to December 31, 2025, waives historical events of default and removes and/or modifies certain events of default and definitions. In addition, the Company does not expect to recognize default interest in future periods subject to remaining in compliance wi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch