Kovo HealthTech Corporation

Kovo is a leader in healthcare technology and Revenue Cycle Management (RCM) services. Kovo creates, acquires and grows businesses to improve healthcare experiences.

Recent News

  • Kovo HealthTech Surpasses 3.5M Patients Milestone

    Company now processing over $80M USD in claims for healthcare providersVancouver, British Columbia--(Newsfile Corp. - November 25, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service — confirmed that it is now helping its customers service more than 3.5 million patients; representing 145% growth since June 2021."Thanks to our strong organic growth and strategic acquisitions, Kovo now services more than 1,700 Billing-as-Service healthcare providers. That scale helps us optimize technology-based efficiencies for...

    2021-11-25 8:17 AM EST
  • Kovo HealthTech Renews Contract with Hybrid Financial Ltd.

    Toronto, Ontario--(Newsfile Corp. - November 25, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo", or the "Company") — a leader in healthcare Billing-as-a-Service — is pleased to announce that it has extended its contract with Hybrid Financial Ltd. The service provided by Hybrid to the Company is a database of Registered Financial Professionals in North America. Hybrid is not promoting the specific purchase or sale of securities. It provides its database, technology, and call center services to enable the issuer...

    2021-11-25 6:55 AM EST
  • Kovo HealthTech Completes Acquisition of The Cvikota Company, Inc.

    Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service — has officially completed its acquisition of The Cvikota Company, Inc. ("Cvikota" or "Seller").Acquisition Immediately Accretive The acquisition, which was previously announced on November 2, 2021, is expected to be immediately accretive to Kovo as Cvikota recorded Trailing Twelve Month (TTM) revenues of approximately USD$3 million with EBITDA of approximately 20% net of synergies. Kovo CFO Inder Saini, a...

    2021-11-22 9:15 AM EST
  • Kovo HealthTech Reports Third Quarter Results: 94% YOY Quarterly Revenue Growth; Annual Recurring Revenue Grows 157% to $9M USD in October

    11th Consecutive Quarter of Positive Adjusted EBITDA Year-End Guidance Revised Upward to $5.3- $5.7 million USDVancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — today reported financial results for its fiscal 2021 third quarter ending September 30, 2021. Strong Revenue Growth Kovo posted 94% year-over-year ("YoY") revenue growth during the quarter thanks to a combination of organic growth of its core SaaS-style medical billing software and services...

    2021-11-15 7:15 AM EST
  • Kovo HealthTech Corporation Secures Funding for up to CAD$8.8M

    Vancouver, British Columbia--(Newsfile Corp. - November 12, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service — announced today it has entered into an agreement (the "Loan Agreement") to borrow up to approximately CAD$8.8 million from Flow Capital Corp. ("Flow") to fund the Company's ongoing acquisition growth strategy.Accelerating Growth with Minimal Dilution "We're excited to move forward with our partners at Flow to continue to deliver on our acquisition and growth model, while minimizing...

    2021-11-12 8:15 AM EST
  • Kovo HealthTech Corporation to Release Q3 Financials on November 15, 2021

    Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — plans to release its third quarter financial results on November 15, 2021.Quarterly results for the period ending September 30, 2021 will be announced via press release on Monday, November 15, 2021 — and the Company's MD&A and other related documents will be posted to www.SEDAR.com.Investor Call - November 16, 2021 at 8:30am ET An...

    2021-11-10 9:18 AM EST
  • Kovo HealthTech Corporation Signs Agreement to Acquire The Cvikota Company, Inc.

    Vancouver, British Columbia--(Newsfile Corp. - November 2, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service ("BAAS") — announced today it has entered into an agreement (the "Agreement") to acquire The Cvikota Company, Inc. ("The Cvikota Company" or the "Seller").The Cvikota Company is a Wisconsin-based medical billing specialist firm that has been in business for more than 50 years, providing SaaS-style billing services for physicians, health providers and healthcare clinics across the United...

    2021-11-02 7:45 AM EDT
  • Kovo HealthTech Corporation Announces Closing of Brokered Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - October 25, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service ("BAAS") — announced today that it has closed its previously announced brokered private placement (the "Private Placement") offering.The Company expects to use net proceeds for working capital requirements and to fund potential future acquisitions.As part of the Private Placement, which was led by Research Capital Corporation ("the Agent") as sole agent and sole bookrunner, the Company issued 3,012,500 Units...

    2021-10-25 12:48 PM EDT