Rennova Health

West Palm Beach, United States Founded: 1989 • Age: 37 yrs
Software solutions for laboratory diagnostics are provided to healthcare.
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About Rennova Health

Rennova Health is a company based in West Palm Beach (United States) founded in 1989.. Rennova Health has raised $8.59 million across 35 funding rounds. Rennova Health has completed 3 acquisitions, including Genomas, Jamestown Regional Medical Center and Tennova Healthcare. Rennova Health offers products and services including Hospital Operations, Behavioral Health Services, and Clinic Services. Rennova Health operates in a competitive market with competitors including Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.

  • Headquarter West Palm Beach, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rennova Health, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $18.69 M
    43.34
    as on Dec 31, 2023
  • Net Profit
    $-7.73 M
    -134.71
    as on Dec 31, 2023
  • EBITDA
    $1.68 M
    277
    as on Dec 31, 2023
  • Total Equity Funding
    $8.59 M (USD)

    in 35 rounds

  • Latest Funding Round
    $2 M (USD), Post-IPO

    Nov 01, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Genomas

    & 2 more

  • Acquired by
    N/A

    (Jul 08, 2020)

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IPO & Listings of Rennova Health

Rennova Health is a publicly listed company on the OTC with ticker symbol RNVA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: RNVA . Sector: Technology services · USA

Products & Services of Rennova Health

Rennova Health offers a comprehensive portfolio of products and services, including Hospital Operations, Behavioral Health Services, and Clinic Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages rural hospitals for community medical care.

Provides behavioral health support in rural settings.

Operates clinics for essential rural healthcare needs.

People of Rennova Health
Headcount 10-50
Employee Profiles 12
Board Members and Advisors 2
Employee Profiles
People
Hal W. Leftwich
Hospital Administrator
People
Kristi Dymond
Treasurer
People
Seamus Lagan
President, CEO & Director
People
Angel Giraldez
Hospital Compliance, Consultant

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Board Members and Advisors
people
Gary L. Blum
Board Member
people
Trevor Langley
Board Member

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Funding Insights of Rennova Health

Rennova Health has successfully raised a total of $8.59M across 35 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 35
  • Last Round Post-IPO — $2.0M
  • First Round

    (24 Sep 2002)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Post-IPO - Rennova Health Valuation

investors

Oct, 2021 Amount Post-IPO - Rennova Health Valuation

investors

Jul, 2021 Amount Post-IPO - Rennova Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Rennova Health

Rennova Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Genomas, Jamestown Regional Medical Center and Tennova Healthcare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Doctor appointments are booked online via a searchable platform.
2009
Developer of treatments for CNS disorders and metabolic diseases
2003
Limited information available
1965
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Rennova Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rennova Health Comparisons

Employees
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Competitors of Rennova Health

Rennova Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of self funded health plan
domain founded_year HQ Location
Revenue cycle management platform is provided to healthcare providers.
domain founded_year HQ Location
Healthcare outsourcing services are provided to various sectors.
domain founded_year HQ Location
Dental practice brokerage services are provided to facilitate transactions.
domain founded_year HQ Location
Provider of revenue cycle management, BPO, IT, and finance and accounting services
domain founded_year HQ Location
Medical payment integrity and analytics services are provided by MultiPlan.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Rennova Health

When was Rennova Health founded?

Rennova Health was founded in 1989 and raised its 1st funding round 13 years after it was founded.

Where is Rennova Health located?

Rennova Health is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.

Is Rennova Health a funded company?

Rennova Health is a funded company, having raised a total of $8.59M across 35 funding rounds to date. The company's 1st funding round was a Post-IPO of $3M, raised on Sep 24, 2002.

What is the annual revenue of Rennova Health?

Annual revenue of Rennova Health is $18.69M as on Dec 31, 2023.

What does Rennova Health do?

Rennova Health offers software solutions for laboratory diagnostics to the healthcare industry. The products include laboratory diagnostics, healthcare technology solutions, revenue cycle management solutions, and provides financial services in the form of loans to physician practices. The company provides a web-based platform that allows the placing of lab orders, track samples, and view test reports in real-time, web-enabled laboratory information management solutions. Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers, and CollabRx enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients.

Who are the top competitors of Rennova Health?

Rennova Health's top competitors include Centivo, Access Healthcare and MultiPlan.

What products or services does Rennova Health offer?

Rennova Health offers Hospital Operations, Behavioral Health Services, and Clinic Services.

Is Rennova Health publicly traded?

Yes, Rennova Health is publicly traded on OTC under the ticker symbol RNVA.

How many acquisitions has Rennova Health made?

Rennova Health has made 3 acquisitions, including Genomas, Jamestown Regional Medical Center, and Tennova Healthcare.

What is Rennova Health's ticker symbol?

The ticker symbol of Rennova Health is RNVA on OTC.

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