Kovo+ Holdings Inc
TTSXV:KOVO0.01
CAD
0.00
(0.00%)
ISIN
CA5007421012
CUSIP
500742101
Return %
Stock
S&P 500
1Y
-87.50
14.20
3Y
-93.75
81.12
5Y
-98.75
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Michael A. Steele
- Full Time Employees
- 79
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Vancouver Canada
- IPO Date
- Jun 4, 2021
- Website
- kovo.co
- Similar Companies
- Business
- Kovo+ Holdings Inc., formerly known as Kovo HealthTech Corporation, is a Canada-based technology and healthcare services company specializing in technology-enabled Revenue Cycle Management (RCM) and Billing-as-a-Service (BaaS) solutions for the healthcare industry. Founded in 2020 and headquartered in Vancouver, British Columbia, Canada, the company operates primarily across North America, serving independent medical practices, specialized clinics, ambulatory surgical centers, enterprise physician groups, and healthcare systems, with a strong operational focus in the United States. Kovo+ Holdings Inc. conducts business through key operating subsidiaries, including Kovo RCM and Kovo Acquisitions LLC. The company provides a comprehensive suite of digital healthcare administration and financial workflow solutions designed to streamline medical billing and optimize revenue collection for healthcare practitioners. Its core products and services comprise outsourced Billing-as-a-Service, including medical coding, electronic claims submission, claims tracking, payment posting, denial management, and accounts receivable follow-up; proprietary and integrated healthcare IT platforms, including the KovoCloud billing and patient management portal; Electronic Health Record (EHR) and practice management integrations; provider credentialing and enrollment services; patient payment tracking and digital intake solutions; reimbursement verification; and operational practice support services, including group purchasing programs, automated patient statement generation, and clearinghouse electronic claim processing. In recent strategic and operational developments, the company officially rebranded from Kovo HealthTech Corporation to Kovo+ Holdings Inc. in October 2024, reflecting an expanded corporate directive to incorporate artificial intelligence automation and scalable technology tools into its business processes. To enhance its software capabilities, the company formed strategic commercial partnerships with CareCloud, Inc. to provide clients with advanced EHR and practice management suites, and with Open Practice Solutions to deploy the OpenPM platform across its billing operations. Concurrently, Kovo+ Holdings Inc. has engaged in significant corporate and financial restructuring, which includes entering into a forbearance agreement with senior secured lender Avonlea Ventures #2 Inc., establishing a Special Committee of its Board of Directors to evaluate strategic alternatives, including potential asset divestitures and debt reorganizations, and undergoing executive management restructuring with the appointment of a new Chief Financial Officer.