Kovo HealthTech Reports 2021 Annual Financial Results
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — today reported its annual financial results for the fiscal year ending December 31, 2021.96% YOY Revenue GrowthKovo posted 96% year-over-year ("YoY") revenue growth in 2021 driven by a combination of organic growth of its core SaaS-style medical billing software and services business — and two strategic...
2022-03-28 5:02 PM EDT
Kovo HealthTech Launches Next Generation OneRev Billing-as-a-Service Platform
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare Billing-as-a-Service ("BAAS") — has launched the next generation of its OneRev technology platform, which streamlines the complex process of US healthcare billing for clinics, hospitals and physicians.Kovo CEO Greg Noble confirmed that, after a two-year development process, the Company launched its upgraded OneRev platform to...
2022-02-22 8:45 AM EST
Kovo HealthTech Provides US Billing-as-a-Service Market Update
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2022) - Omicron-related healthcare labour shortages are continuing to accelerate the US shift to digital medical billing outsourcing, according to Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service ("BAAS").Kovo CEO Greg Noble says the Company's revenues have grown steadily and predictably throughout the pandemic, illustrating the long-term stability of the...
2022-02-07 8:45 AM EST
Kovo HealthTech Provides Initial 2022 Guidance:
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2022) - In its initial 2022 Guidance, Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo"), a leader in healthcare technology and Billing-as-a-Service ("BAAS"), is forecasting 30% year-over-year organic growth for the year ahead.In its initial 2022 Guidance, the Company is anticipating Pro Forma Revenues of $15,000,000 CAD ($12,000,000 USD), a 30% increase in year-over-year organic growth excluding additional...
2022-01-24 7:45 AM EST
Kovo HealthTech Taps Former Anheuser-Busch Veteran Mark Detz as Senior VP, Finance
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2022) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company", "Kovo") — a leader in healthcare technology and Billing-as-a-Service — is pleased to announce that veteran finance expert Mark Detz, CPA, CA has joined the Company as its Senior Vice President of Finance.Veteran finance expert Mark Detz, CPA, CA has joined Kovo HealthTech Corporation as its Senior
2022-01-07 8:45 AM EST
Kovo HealthTech Spotlights Strong Organic Growth and Billing-as-a-Service Acquisition Optimization
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — is providing a year-end update on its strong organic growth and overall acquisition optimization."Kovo continues to be fueled by a combination of strong organic growth in our core business and a disciplined acquisition strategy which targets buying $1 of ARR for every $1 investment of debt or equity...
2021-12-17 7:00 AM EST
Kovo HealthTech Surpasses 3.5M Patients Milestone
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...
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...
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...
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
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...
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 -...
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...
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...
2021-10-25 12:48 PM EDT
CORRECTION FROM SOURCE: KOVO HealthTech Corporation Announces Pricing of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo" or the "Company") — a leader in Revenue Cycle Management ("RCM") and healthcare technology — is pleased to announce that it has priced its previously announced brokered private placement (the "Offering").Under the terms of the Offering, the Company will issue up to 6,250,000 units of the Company (each, a "Unit", and collectively the "Units") at a price of C$0.40 per Unit (the...
2021-09-29 5:15 AM EDT
Kovo HealthTech Corporation Announces Pricing for Previously Disclosed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo" or the "Company") — a leader in Revenue Cycle Management ("RCM") and healthcare technology — is pleased to announce that it has priced its previously announced brokered private placement (the "Offering"). Under the terms of the Offering, the Company will issue up to 6,250,000 units of the Company (each, a "Unit", and collectively the "Units") at a price of C$0.40 per Unit (the...
2021-09-24 5:45 PM EDT
Kovo HealthTech Corporation Updates on Revenue Cycle Management (RCM) Market and Acquisition Strategy
Revenue TargetsVancouver, British Columbia--(Newsfile Corp. - September 21, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Revenue Cycle Management ("RCM") software and services — is providing an update on the growing US RCM market and its disciplined acquisition strategy.Kovo Target: Seasoned RCM Operators with USD$2-5 Million Revenue According to Kovo CEO Greg Noble, as disclosed previously, the Company...
2021-09-21 8:45 AM EDT
Kovo HealthTech Corporation Targets 11th Acquisition
Debt Term Sheet Signed to Extend Private Placement Financing of New AcquisitionsCompany Progressing Diligence Phase on 10th and 11th AcquisitionsVancouver, British Columbia--(Newsfile Corp. - September 9, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo" or the "Company") is heading into September with two prospective acquisitions underway, as the Company confirmed it has entered into a new non-binding letter of intent (the "Non-Binding LOI") to acquire its 11th Revenue Cycle...
2021-09-09 5:01 PM EDT
RETRANSMISSION: Kovo HealthTech Corporation Signs Non-Binding Acquisition LOI; Announces Private Placement of Up to $2.5 Million
Company Enters Diligence Phase on 10th AcquisitionFunds to be Used Accelerate Kovo's Acquisition and Growth Strategy Vancouver, British Columbia--(Newsfile Corp. - September 7, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo" or the "Company") — a leader in Revenue Cycle Management ("RCM") and healthcare technology — announced today has entered into a non-binding letter of intent (the "Non-Binding LOI") to acquire an RCM specialist firm based in the US Midwest (the "Seller").The...
2021-09-07 8:35 AM EDT
Kovo HealthTech Corporation Signs Non-Binding Acquisition LOI; Announces Private Placement of Up to $2.5 Million
Company Enters Diligence Phase on 10th AcquisitionFunds to be Used Accelerate Kovo's Acquisition and Growth Strategy Vancouver, British Columbia--(Newsfile Corp. - September 2, 2021) - Kovo HealthTech Corporation (TSXV: KOVO) ("Kovo" or the "Company") — a leader in Revenue Cycle Management ("RCM") and healthcare technology — announced today has entered into a non-binding letter of intent (the "Non-Binding LOI") to acquire an RCM specialist firm based in the US Midwest (the "Seller").The...
2021-09-02 7:47 AM EDT