The Health Revenue Assurance Holdings Inc (OTCMKTS:HRAA) stock has been on fire over the course of the past week and on Monday, it closed on a new high. The stock continued to get heavy action on Monday and ended the day with gains of as much as 226%.
That took its gains for the past week to a staggering 1100%. In light of such gains, it could be a good idea for investors to take a closer look at the company. Last week, Health Revenue Assurance announced that as many as 1,0000,000 shares of its Series 1 Preferred stock, with a par value of $.01 each were transferred to AmeriGuard Security Services Inc from Custodian Ventures Inc as part of private transactions.
While that was an important development in itself, it could also be useful for investors to have a bit of an idea about Health Revenue Assurance as a company. The company is involved in providing revenue cycle services to companies in the healthcare sector in the United States. However, in addition to that, Health Revenue Assurance is also engaged in providing other services like data analysis, audits, coding education and outsourced coding services among others.
