TORONTO, June 8, 2021 /CNW/ - Greg Noble, Chief
Executive Officer, Kovo HealthTech Corporation ("Kovo" or
"the Company") (TSXV: KOVO), and his team joined Dani Lipkin, Director, Global Business
Development, TMX Group, to celebrate the Company's new listing on
TSX Venture Exchange and close the market.
Kovo is a growing healthcare technology and services company
that specializes in RCM services and software for US healthcare
clinics, hospitals and private practices. RCM is a process used by
healthcare providers in the US and globally to digitally track and
manage patient care registration, services, billing and payments in
a seamless way. Effective RCM practices are essential to ensure
health care settings maintain the financial viability that allows
them to provide ongoing quality care for their patients.
The Company's focus is organic growth of its core RCM business
and acquiring profitable RCM related businesses, services and
systems within the US. Kovo optimizes acquired businesses by
leveraging its over 20 years of operating experience and unique
technology.
To date, Kovo has completed seven successful acquisitions and
achieved approximately 366% revenue growth on its RCM revenue in
the last fiscal year. Currently, Kovo processes approximately
$71M USD annually in RCM claims and
its customers service approximately 2.6 million patients.
SOURCE TSX Venture Exchange