Stocks in Play: Akumin Inc. - InvestingChannel

Stocks in Play: Akumin Inc.

Monday, February 8, 2021

11:08 AM EST – Akumin Inc. : Provided a business update on certain operating and financial information as set forth below. Akumin is announcing today that RVUs related to service fee revenues in the three-month period ended December 31, 2020 are expected to be around 1.5 million. Although not yet finalized, this estimate reflects Akumin’s preliminary expectations with respect to RVUs for the fourth quarter based on information currently available to management of Akumin. Akumin reports the measurement of volume of diagnostic imaging procedures at its facilities based on relative value units (“RVUs”). RVUs are a standardized measure of value used in the United States Medicare reimbursement formula for physician services. Akumin Inc. (T.AKU) shares were up $0.02 at 4.05.

Stocks in Play: Akumin Inc., Mon, 08 Feb 2021 11:15:02 EST