Board-certified Neurophysiology Specialist Shane P. Rabalais Liquidating Asset Portfolio as Part of Estate Planning and Charitable Foundation Seeding
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The principal asset for sale is Neurology Monitoring Services (NMS), a leader in neurological testing since 1994.
Assets of NMS include a contracted directorship and all neurophysiological testing modalities, as well as all current, active contracts with clinics and hospitals. Physical assets include neurology monitoring equipment and four subsidiary LLCs operating under the Neurology Monitoring Services umbrella. Two of these LLCs hold a significant stake in freestanding MRI centers. A
One notable condition of the sale is that Rabalais will not stay on as a consultant, which industry analysts concur reduces the price by 10 or 15%. However, maximizing the financial windfall is not the objective. Rabalais was in
Recognizing the scope and complexity of such a transaction, Rabalais sought an objective portfolio assessment from
Despite selling the company he built from the ground up, Rabalais has no intention of retiring. Health permitting, he hopes to focus more on neuroscience research, a field to which he has already contributed a lifetime's worth of achievements. Indeed, Rabalais has had significant input on much of the hardware and software design of all modern recording and monitoring technology.
About Neurology Monitoring Services
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