I3 Verticals (IIIV) has disclosed a new risk, in the Regulation category.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
I3 Verticals faces significant business risks due to potential violations of complex healthcare laws and regulations related to its former Healthcare RCM Business. These regulations cover critical areas such as billing, fraud prevention, and data security, and any breaches could lead to severe penalties and reputational damage. Despite efforts to comply, the company remains vulnerable to enforcement actions and indemnification obligations under the Healthcare RCM Purchase Agreement with Infinx. Such challenges, even if ultimately unsuccessful, could be costly and harm I3 Verticals’ ability to retain and attract customers.
The average IIIV stock price target is $35.25, implying 47.24% upside potential.
To learn more about I3 Verticals’ risk factors, click here.