Rennova Health Inc (CE) (RNVA) Share Price

Value in RNVA is being built up thru FOXO and they are close to expanding.

How so?

Are we DOA?

Until the great CEO comes out and says something official, this ticker is in limbo. Doing nothing.
What IHUB folks say is going on behind the scenes, means bupkis. They have proven with their own predictions, that they don't know anything. No matter how many insults and comedy routines they bust out.
Maybe we get news soon. We'll see.
GLTA!
RNVA!!$$?????????????????

Hundreds of healthcare groups urge Trump to protect Medicaid
January 24, 2025
By Ron Southwick

Health leaders are worried about the prospect of reduced aid to Medicaid, which they say would reduce access to care and deal a financial blow to hospitals.

More than 400 organizations are urging President Donald Trump to protect the Medicaid program.

Hundreds of organizations have written a letter urging President Trump to preserve funding for Medicaid. Analysts say cuts to the Medicaid program would reduce access to care and pose a financial hardship for hospitals.


Trump has vowed to cut government spending, and some healthcare leaders are worried that Trump could look at Medicaid as a place to find savings. Trump has said he’s not planning for any reductions in the Medicare and Social Security programs, and some industry analysts and leaders are worried that Medicaid could see cuts.

On Trump’s first day in office, Families USA and more than 425 healthcare organizations, unions and other groups sent a letter to the president imploring him to protect the program.

Medicaid covers 80 million Americans and helps them get essential care. Healthcare leaders also are making the case that Medicaid provides critical funding to hospitals, including rural hospitals. Analysts note that cuts to the Medicaid program would deliver a financial blow to hospitals, and many providers are still struggling in the wake of the COVID-19 pandemic.

“The importance of Medicaid cannot be overstated,” the letter states. “Medicaid provides insurance for 38 million children and covers more than 40 percent of all births in the country, allowing mothers to deliver safely and children to have a healthy start to life. It is the single most important source of financial support that keeps rural hospitals open to serve the health needs of their communities.”

The groups include the American Public Health Association, the American Association on Health and Disability, the March of Dimes, the National Alliance on Mental Illness, and many others.

In the letter, the groups point out that Americans went to the polls to express their outrage over higher costs for basic needs, including healthcare.

The groups argue that cuts would hurt health systems and states. Beyond cuts in funding, they said they don’t want the Trump administrations to move to block grants, institute work requirements, or take other steps that would “undermine the fundamental structure of the Medicaid program.”

“If instituted, Americans will lose access to lifesaving services, states will be strapped with massive budget holes, hospitals and clinics will lose revenues and be forced to cut staff and scale back services, and American families and workers will be unable to afford essential care and get sicker — leading to a loss in productivity and the economy suffering as a result,” the groups say.

While Trump has not announced cuts or significant changes to the Medicaid program, he has established the Department of Government Efficiency, headed by Elon Musk, to find places to reduce spending.

Hospitals would pay a steep price if there are significant reductions to Medicaid, according to an analysis released last week by Moody’s Ratings. Moody’s also pointed to the impact of reducing subsidies supporting the Affordable Care Act.

“Hospitals could suffer from significant federal funding cuts and regulatory changes affecting Medicaid and state directed payments (SDP), which are administered by state Medicaid agencies but approved by the federal government. A reduction in Medicaid or SDP funding would disproportionately impact hospitals in states that expanded Medicaid under the Affordable Care Act,” the Moody’s report stated.

Lisa Kidder Hrobsky, senior vice president of federal relations, advocacy and political affairs for the American Hospital Association, says that hospitals are going to be pushing Congress and the Trump administration to preserve Medicaid programs.

“We are definitely prepared, beefing up all of our data on Medicaid, making certain that we are able to tell the best story for Medicaid and the patients and the consumers who are part of it,” she told Chief Healthcare Executive®.

Seema Verma, who directed the Centers for Medicare & Medicaid Services during Trump’s first term, said at the HLTH Conference in October that she expected Trump would be looking at the Medicaid program to see how money is spent and to ensure that aid is going to the intended recipients. Verma also said that a Trump administration would give more deference to the states regarding Medicaid.

https://www.chiefhealthcareexecutive.com/view/hundreds-of-healthcare-groups-urge-trump-to-protect-medicaid

imho
mj

However all of this plays out in the coming weeks, I hope if there is to be a major change in how things are handled...I hope we are able to get at least some kind of one time payout event on the RNVA shares we hold before any important dates in March. Especially for those who have been in and holding in this for a number of years.

https://www.aha.org/news/perspective/2025-01-24-year-action-ensure-access-care-and-advance-health-america

imho
mj

https://adriansmith.house.gov/media/press-releases/smith-sewell-reintroduce-critical-access-hospital-relief-act

Smith, Sewell Reintroduce Critical Access Hospital Relief Act
January 16, 2025
Press Release
Washington, D.C. – Today, Reps. Adrian Smith (R-NE) and Terri Sewell (D-AL) reintroduced bipartisan legislation to repeal the Centers for Medicare and Medicaid Services (CMS) 96-Hour rule for Critical Access Hospitals.

The members released the following statements:

“Ensuring unnecessary red tape does not prevent hospitals from providing the care patients need is essential,” said Rep. Smith. “This bill would provide a permanent solution to protect patients and providers from the burdensome 96-hour rule in rural areas where access to care is challenging enough. I thank Rep. Sewell for working with me on this.”

“Far too many of Alabama’s rural hospitals are struggling to keep their doors open, putting at risk the health and well-being of our communities,” said Rep. Sewell. “Our Critical Access Hospital Relief Act would provide urgently needed relief so that critical access hospitals can keep their doors open and focus on caring for patients instead of complying with burdensome and outdated payment rules.”

The Critical Access Hospital Relief Act would repeal the 96-hour rule, which requires physicians at Critical Access Hospitals to certify at the time of admission a patient on Medicare will be discharged or transferred within 96 hours. Providers who fail to comply would risk non-reimbursement.

The legislation is supported by the Nebraska Hospital Association (NHA) and the American Hospital Association (AHA), who released the following statements:

"Critical access hospitals are vital to health care in our rural communities, and we must do everything we can to keep them strong. These hospitals allow Nebraskans to get health care in a familiar setting close to where they live and work. Unfortunately, too many rural hospitals are at risk and too many elected officials are ignoring this crisis. The Nebraska Hospital Association commends Congressman Smith for his leadership and taking action on this important issue," said Jeremy Nordquist President of NHA.

"The American Hospital Association (AHA) applauds Representatives Smith and Sewell for their leadership in promoting access to care in rural communities. This legislation would allow Critical Access Hospitals (CAHs) to serve patients needing critical medical services that may have lengths of stay greater than 96 hours. CAHs play an essential role treating patients and saving lives each and every day, and this legislation is long overdue for rural hospitals to be able to provide the types of services their communities need and seek close to home," said Lisa Kidder Hrobsky, AHA Senior Vice President, Legislative and Political Affairs.

BACKGROUND:

Smith first introduced legislation to repeal the 96-hour rule in 2014. Since 2018, the rule has not been enforced because of stays initiated by the Trump administration and subsequent waivers.

imho
mj

https://www.ruralhealth.us/nationalruralhealth/media/documents/advocacy/advocacy%20leave-behinds%202024/2-0-rural-emergency-hospital-one-pager.pdf

imho
mj

Fingers crossed... https://www.minnpost.com/community-voices/2025/02/three-ways-the-trump-administration-could-reinvest-in-rural-americas-future-health-care-local-economies/

Three ways the Trump administration could reinvest in rural America’s future
To revitalize communities’ health and economies, start with health care.
by Randolph Hubach and Cody Mullen
2 days ago

Rural America faces many challenges that Congress and the federal government could help alleviate under the new Trump administration.

Rural hospitals and their obstetrics wards have been closing at a rapid pace, leaving rural residents traveling farther for health care. Affordable housing is increasingly hard to find in rural communities, where pay is often lower and poverty higher than average. Land ownership is changing, leaving more communities with outsiders wielding influence over their local resources.

As experts in rural health and policy at the Center for Rural and Migrant Health at Purdue University, we work with people across the United States to build resilient rural communities.

Here are some ways we believe the Trump administration could work with Congress to boost these communities’ health and economies.

1. Rural health care access
One of the greatest challenges to rural health care is its vulnerability to shifts in policy and funding cuts because of rural areas’ high rates of Medicare and Medicaid beneficiaries.

About 25% of rural residents rely on Medicaid, a federal program that provides health insurance for low-income residents. A disproportionate share of Medicare beneficiaries – people over 65 who receive federal health coverage – also live in rural areas. At the same time, the average health of rural residents lags the nation as a whole.

Rural clinics and hospitals
Funding from those federal programs affects rural hospitals, and rural hospitals are struggling.

Nearly half of rural hospitals operate in the red today, and over 170 rural hospitals have closed since 2010. The low population density of rural areas can make it difficult for hospitals to cover operating costs when their patient volume is low. These hospital closures have left rural residents traveling an extra 20 miles (32 km) on average to receive inpatient health care services and an extra 40 miles (64 km) for specialty care services.

The government has created programs to try to help keep hospitals operating, but they all require funding that is at risk. For example:


The Low-volume Hospital Adjustment Act, first implemented in 2005, has helped numerous rural hospitals by boosting their Medicare payments per patient, but it faces regular threats of funding cuts. It and several other programs to support Medicare-dependent hospitals are set to expire on March 31, 2025, when the next federal budget is due.
The rural emergency hospital model, created in 2020, helps qualifying rural facilities to maintain access to essential emergency and outpatient hospital services, also by providing higher Medicare payments. Thus far, only 30 rural hospitals have transitioned to this model, in part because they would have to eliminate inpatient care services, which also limits outpatient surgery and other medical services that could require overnight care in the event of an emergency.
Services for pregnant women have also gotten harder to find in rural areas.

Between 2011 and 2021, 267 rural hospitals discontinued obstetric services, representing 25% of the United States’ rural obstetrics units. In response, the federal government has implemented various initiatives to enhance access to care, such as the Rural Hospital Stabilization Pilot Program and the Rural Maternal and Obstetric Management Strategies Program. However, these programs also require funding.

Expanding telehealth
Before the COVID-19 pandemic, telehealth – the ability to meet with your doctor over video – wasn’t widely used. It could be difficult for doctors to ensure reimbursement, and the logistics of meeting federal requirements and privacy rules could be challenging.

The pandemic changed that. Improving technology allowed telehealth to quickly expand, reducing people’s contact with sick patients, and the government issued waivers for Medicare and Medicaid to pay for telehealth treatment. That opened up new opportunities for rural patients to get health care and opportunities for providers to reach more patients.


However, the Medicare and Medicaid waivers for most telehealth services were only temporary. Only payments for mental and behavioral health teleheath services continued, and those are set to expire with the federal budget in March 2025, unless they are renewed.

One way to expand rural health care would be to make those waivers permanent.

Increasing access to telehealth could also support people struggling with opioid addiction and other substance use disorders, which have been on the rise in rural areas.

2. Affordable housing is a rural problem too
Like their urban peers, rural communities face a shortage of affordable housing.


Unemployment in rural areas today exceeds levels before the COVID-19 pandemic. Job growth and median incomes lag behind urban areas, and rural poverty rates are higher.

Rural housing prices have been exacerbated by continued population growth over the past four years, lower incomes compared with their urban peers, limited employment opportunities and few high-quality homes available for rent or sale. Rural communities often have aging homes built upon outdated or inadequate infrastructure, such as deteriorating sewer and water lines.


One proposal to help people looking for affordable rural housing is the bipartisan Neighborhood Homes Investment Act, which calls for creating a new federal tax credit to spur the development and renovation of family housing in distressed urban, suburban and rural neighborhoods.

Similarly, the Section 502 Direct Loan Program through the U.S. Department of Agriculture, which subsidizes mortgages for low-income applicants to obtain safe housing, could be expanded with additional funding to enable more people to receive subsidized mortgages.


3. Locally owned land benefits communities
Seniors age 65 and older own 40% of the agricultural land in the U.S., according to the American Farmland Trust. That means that more than 360 million acres of farmland could be transferred to new owners in the next few decades. If their heirs aren’t interested in farming, that land could be sold to large operations or real estate developers.

That affects rural communities because locally owned rural businesses tend to invest in their communities, and they are more likely to make decisions that benefit the community’s well-being.

Congress can take some steps to help communities keep more farmland locally owned.

The proposed Farm Transitions Act, for example, would establish a commission on farm transitions to study issues that affect locally owned farms and provide recommendations to help transition agricultural operations to the next generation of farmers and ranchers.


About 30% of farmers have been in business for less than 10 years, and many of them rent the land they farm. Programs such as USDA’s farm loan programs and the Beginning Farmer and Rancher Development Program help support local land purchases and could be improved to identify and eliminate barriers that communities face.

We believe that by addressing these issues, Congress and the new administration can help some of the country’s most vulnerable citizens. Efforts to build resilient and strong rural communities will benefit everyone.

Randolph Hubach is a professor of public health at Purdue University. Cody Mullen is a clinical professor of public health at Purdue University.

This article is republished from The Conversation.


Hoping for the best here for all.

IMHO
mj

All I know is your heroes have thrown a wrench into the system that gets rural healthcare money out of the door and into hospitals and community health centers. Hopefully, Rennova Community Healthcare, Inc. has enough cash on hand to make payroll.

He meant your other boss. Jibberish-Tee

You're a terrible comedian. You do understand if this succeeds I win also. My boss is the superintendent of schools clearing over 200k a year. I'm sure he hasn't even heard of Seamus.

Yes he controls the fate, far different than RVNA shareholders having some ownership value of Foxo shares. As far as the Foxo fate, no idea, but you can see efforts being made. Not so for Rvna.

Bend over Shitter and Pee Pee...the Seamus Lagan train is coming to ram rod you two and your bosses...you are screwed no matter how you look at it...a near profitable OTCBB stock merging and taking control of a NYSE stock is the NSS's worst nightmare...very rare event...going to be great to watch this show...VW-like...

I only have one thing in common with Elon Musk
I was called a NAZI recently too for the first time in my life.

Thanks Satter... I got that part a while back. I was just eluding to the fact the Seamus controls the fate of us all not any voting power... That's just for show or legal formalities. Seamus somehow convinced majority RNVA and FOXO shareholders of his plan....

No one said you did. A majority interest ( 50% + )

Well, I will make sure I inform my superintendent...

In other recent news, FOXO Technologies has seen significant developments in its corporate structure and financial strategies. The company secured shareholder approval for the issuance of Class A Common Stock upon conversion of its Series A Preferred Stock, a move that could potentially lead to a "Change of Control" as per NYSE American Rules. FOXO Technologies also amended its Certificate of Incorporation, introducing a beneficial ownership limitation clause to prevent any one investor from gaining disproportionate control.


There was/is a possible change of control of voting power related to 20% interest of shares in an exchange that was done. What that all means is unclear to me. Seamus gets maybe more say on direction of Foxo on some decisions. It has no value to shareholders of RVNA as far as I can see.

The part in red indicates to me a change in the Foxo articles of Incorporation to limit ownership to avoid having it's company "owned" by another shareholder like RVNA, or some disproportionate control of their company direction. So even with the change of control what does this clause say? Speculating on that but that is the way I read it.

Time to REAP the BENEFITS!!!

$RNVA ==>$FOXO $$$$$$$$

Your bosses are about to get owned

You don't need to own all of it to own it. Fraud azz FUDs

Why don't you inform yourself between the difference of change of voting power versus the requirement for a change of ownership before alleging pure bullshit.

RNVA as far as I can see did not acquire a majority interest ( 50% ) of Foxo's shares.

So I will allege pure bullshit because there was no PR stating "Change of ownership" was there? or a PR stating from RNVA that they aquired Foxo was there?

All I saw was a possible change of change of control of voting power.

When FOXO begins to pay off the note it owes RNVA bit by bit in FOXO shares (already paid off the first tranche), these shares have to be declared as dividends to shareholders possessing 40 billion shares of RNVA that are legally listed...the problem is that there are over 200 billion naked short shares of RNVA and the brokers will be forced to pay the same dividend to all longs like us or dividends towards 240, not 40 billion shares...so if 0.1 share of FOXO is given as divend for every 1000 RNVA shares, FOXO gives 40 million shares of FOXO (22c currently) to the brokers to divide among the RNVA longs...but since there are longs with 240 billion shares (200 NSS), the brokers will have to dish out dividends worth 40 x 240 / 40 or 240 million FOXO shares or about 50 million $ worth (240 x 0.22)...and this goes on and on till all of the 22 million$ note owed by FOXO to RNVA is paid off...capiche shitter et pee pee???

You're not going to get any answers. The pumpers just pump zu zu's & wham wham's. They know nothing more than anyone else. The just think they do by believing the make believe scenarios they throw out here every day.
They've got 3 straight years of being wrong to prove it.
If something positive does happen here, it'll surprise everyone. Including the know it alls.
RNVA!!$$???????

Of course you dont. You are a complete FUD fraud.

I don't own jack. If that was the case, where are my shares? Again why not just merge? Why play this give and take game? There's so many things we are not privy to. WHy would Seamus run two companies with the same objective?

These two frauds are working hard today

read the filings. We own shares in FOXO fraud azz

Change of CEO as in Seamus not RNVA controls FOXO. Where does it say RNVA controls FOXO? So if both companies are synonymous, why not just merge and screw shorty that way? That would have been the easiest way imo.....I'm not reading anything with a fine tooth comb Badazz so maybe I missed the part where it states RNVA controls FOXO...

That's pure bullshit Shatter...FoXO released a PR stating a change of control...what do you think that means? You and that other bloke stop pretending you are fronting for the NSS...I repeat again, for those unaware...this whole play of RNVA approaching FOXO to take control is to screw the NSS, potentially if billions of $...don't get fooled by these minions...

Of course that statement, "Rnva owns Foxo" is completely false. Foxo shareholders would freak out and look to sue if that somehow happened secretly without them knowing. Imagine even the SEC does not know this. Like you said, - LOL

RNVA owns FOXO? LOL Again, None of this makes sense. Why share when there's really no need to? Well, Seamus is a self certified genius , so I hope it all makes "cents" when it's all said and done..

Hopefully to slaughter your bosses. Either way look good to me. RNVA owns a profitable NYSE ticker with AI at the base.

How do you know nobody reads it. I read it. Who decides it nonsense. I see what I consider so much repetitive nonsense being posted. Just because you don't care for it your saying what you said. It's just restriction/censorship, plain & simple.

So when did FOXO become profitable? Oh when it "acquired" our CEO and our assets? So why didn't Seamus just continue to build RNVA and not go through all this hoopla!?! Better yet if each company is contingent or dependent well I guess RNVA is dependent on FOXO now which doesn't sit right with me. Regardless, why didn't the companies just merge? That would have made more sense. Why have two companies run by the same man? Something shady is occurring here. Hope I'm wrong.....

Yes but you are saving those who don't have him on ignore from having to read his waffling nonsense. Plus it saves him time too, being able to condense everything into one post that nobody will read. It's a win win all round.

Here is the daily reminder




The fact that scamming pumpsh!ts limited my posts count to 1 per day of this scamstock’s board doesn’t change the fact that this scam turd is soooo done lol. Paid pumpsh!ts can’t keep up with their bs lies anymore lmfao

This scam is so bad that even if you had 100 trillions shares before first reverse split, you would’ve been splitted out a long time ago. 9 r/s-s… how obvious it has to be to be named number 1 scam in whole stock market?
Where is that fag jmoney who screamed about ceo having cash to buy back shares during massive dilution and that this will never end on em? Where is that pumpsh!t?
It’s ridiculously funny watching other pumpch!ts pumping this turd and several other turds which are being run by same “great ceo” when even their pumpsh!t general monkey clown jNoMoney stopped posting his bs pumpchants like daily darkpool volume updates and “ceo got cash to buy back shares” nonsense. Lolo12 farted and left into abyss with something on his face.
Pumpers are screwed bigly on this pile of garbage worthless pile of junk and they know it lmfao whooooooooooo
Even paid pumpsh!tty interview won’t save this scam from being delisted soon lol

FOXOHO-HO-HO is ongoing building value in RNVA🎅

I agree its gonna go moon when they finally speak!🎅 If that what you mean?

The pull back was the last couple months. Since the Company became profitable, as you know!

So basically you agree! Nothing of value as of this date! More hopeful wishful thinking! Hey, I am all for this one making a pop in PPS but as of right now! this one is a train wreck! Has been for a very long time. If things were going so great this would not be on the EM! Now would it... And don't say it just needs more time this was in operation since when? 1996?

How can a stock that was trading at nearly $3 bucks be a pullback? I guess the pullback started back at around 2.25 a share

Abandonment in communication. That is unfortunate and for certain, as they execute the deal. It's clear they are building value in RNVA thru FOXO, which is quite far from abandonment.

Silence can be golden.

I agree. The snakes would show even faster if it was self moderated🎅

I was referring to FOXO with the pullback, consolidation was RNVA. 3 years of calm accumulation into a major deal. Minus the noise by you frauds. 🎅

Halfway through another week of nothing.
But things are going great here. Just ask the pumpers, their schtick is three years running!
🤣🤣🤣🤣🤣🤣🤣
GLTA!
RNVA!!$$?????????????????

Limiting free speech is censorship, why is that a great move? People don't like or want to see it, can use ignore option.

Damn Scott! That's messed up! One post? lol That has to be excruciating!

Limiting your posts to 1 a day was a great move.