Rennova Health, Inc.

Rennova Health, Inc.

RNVAW
Rennova Health, Inc.US flagOther OTC
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Seamus Lagan
Full Time Employees
63
Sector
Healthcare
Industry
Medical - Care Facilities
Address
931 Village Boulevard West Palm Beach FL United States of America
IPO Date
Nov 3, 2015
Business
Rennova Health, Inc. (OTC: RNVA) provides healthcare services focused on rural communities, operating Big South Fork Medical Center, a critical access hospital in Oneida, Tennessee; planning to reopen a hospital and physicians practice in Jamestown, Tennessee; and managing a rural clinic in Kentucky. The company delivers innovation-driven solutions including diagnostic laboratory testing, revenue cycle management, electronic health records, lab ordering and reporting software, medical billing, and behavioral health services through subsidiaries such as Myrtle Recovery Centers; it also holds a strategic investment in InnovaQor, Inc. (OTC: INQR). Founded in 1989 and headquartered in West Palm Beach, Florida, Rennova targets healthcare providers, patients, and individuals in the United States with emphasis on underserved regions. In June 2024, Rennova completed a stock exchange agreement transferring its Myrtle Recovery Centers behavioral health subsidiary to FOXO Technologies, Inc. (NYSE American: FOXO) for $500,000 in FOXO common stock; it also entered an agreement to exchange its Rennova Community Health, Inc. subsidiary, primarily comprising Big South Fork Medical Center, for $20 million in FOXO convertible preferred stock, with closing expected in Q3 2024 subject to shareholder approval. These transactions enhance capital access for growth, position Rennova as FOXO's potential controlling shareholder, and enable monetization of FOXO holdings, while FOXO anticipates over $20 million in annual revenue from the acquired operations.