Business
RENNOVA HEALTH WELCOMES NEW CHIEF FINANCIAL OFFICER
RENNOVA HEALTH WELCOMES NEW CHIEF FINANCIAL OFFICER.
About this update from Rennova Health, Inc.
[{"type":"text","content":"\nWEST PALM BEACH, Fla., July 03, 2018 (GLOBE NEWSWIRE) -- Rennova Health, Inc. (OTCQB: RNVA), (OTCQB: RNVAW), (“Rennova” or the “Company”), a vertically integrated provider of industry-leading diagnostics and supportive software solutions to healthcare providers that acquired its second rural hospital in Tennessee on June 1, 2018, announces that its Board of Directors has appointed Marlene McLennan to the position of Chief Financial Officer (CFO) effective July 1st.\n Mrs. McLennan has worked as VP of Finance for Rennova since April 2, 2018 and has extensive healthcare experience as a Senior Executive in all areas of financial and business operations in the public and private healthcare sector. Mrs. McLennan has worked with several healthcare service providers in the role of Chief Financial Officer since 2005. Prior to her appointment with Rennova, Mrs. McLennan was CFO at MedBridge Healthcare, Inc. based out of Greenville, South Carolina, where she oversaw the daily operations of accounts payable, accounts receivable, finance, accounting and human resources for in excess of 130 hospitals, as well as having direct oversight and management in the areas of revenue cycle and managed care contracting. During her time at MedBridge she improved daily collections by nearly 27% as well as improving accounts receivable from 50+ days to just 38 days. “It is imperative to add knowledge and expertise to our team as we grow our business in the rural hospital sector,” said Seamus Lagan CEO of Rennova. “Marlene has a proven track record in this sector and will add value to existing operations and future opportunities.” ”I look forward to using my experience in refining operations and financial reporting at numerous rural hospitals over the years to maximize the value for Rennova and its shareholders in the areas in which it is now focusing,” said Mrs. McLennan, new CFO of Rennova. “Like Rennova, I believe there are significant opportunities in this sector.   I look forward to being part of a team that has the vision to pursue growth and acquisitions and that provides needed services to the communities we serve and those we will serve in the future.” About Rennova Health, Inc. Rennova provides industry-leading diagnostics and supportive software solutions to...