WDRB January 24, 2022

Acquisition expected to generate approximately $3.5million in annual revenues and a combined Unit anticipated annual revenue run-rate of approximately $7.5million

Lenexa, KS, Jan. 24, 2022 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), today announced that its new healthcare subsidiary, Nobility Healthcare, LLC, has acquired a third billing company with an annual revenue run rate of approximately $3.5 million. This closely-held company was founded several years ago and provides revenue cycle management (RCM) and other services for over 180 dental practices located throughout the United States. This acquisition represents a new vertical for Nobility Healthcare because the target’s focuses on providing insurance claim reimbursement billing, verification, and related services to dentists and dental practices rather than medical providers,...

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Topics: Digital Health, Health IT, Mergers & Acquisitions / JV, RCM (Revenue Cycle Mgmt), Technology, Trends
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