Denver-based intraoperative neuromonitoring company Assure Holdings has acquired Parker, Colo-based professional IONM company, Littleton Professional Reading, for $700,000.
Three details:
1. The acquisition includes over $2.5 million of accounts receivable and closed May 29. Assure is funding the purchase with cash on hand paid in three installments over the next six months.
2. Littleton managed around 375 spine and neurosurgery cases in 2018.
3. Focusing primarily on spinal and vascular surgeries, Assure provides neurosurgeons and orthopedic spine surgeons with services that support IONM during invasive surgeries.