Austin, TX Jul 20, 2016 – HealthTronics, Inc., a mobile medical technology company has acquired mobile laser technology company, Mobile Medical Marketing, LLC (Mobile Medical), based in Albuquerque, New Mexico.
“With this acquisition, we’re delivering on our strategy to become the first choice for our customers when seeking laser treatments and other mobile medical technology applications,” explained Russell Newman, president of HealthTronics.
Mobile Medical provides various laser therapies for ENT, neurology and ob-gyn procedures to hospital systems, surgery centers and physician offices in Albuquerque. The acquisition expands HealthTronics’ fleet of mobilized medical technology and strengthens its reach into other areas of the U.S., including New Mexico.
Earlier this year, HealthTronics acquired United Therapies, a provider of mobile lithotripsy and laser technology to healthcare providers in the Midwest, Northeast and Southwest regions of the United States.
“Rising healthcare costs have made mobile medical technology an attractive option for reducing costs among hospitals and surgical centers. By utilizing mobile equipment, providers can have access to new technology and treatments when they otherwise could not afford the costs associated with purchasing and maintaining the equipment,” said Newman.
HealthTronics’ technology is “mobile” because the company delivers the medical device to the health care facility where the physician conducts each procedure. In addition to servicing and updating the equipment, each delivery includes a dedicated, highly trained HealthTronics’ technologist to assist with the operation of the equipment.
Click here to read the Austin Business Journal story.
Author: Julie Kaloides
CSafe Celebrates New Company and Service Center in Puerto Rico
Dayton, OH Jul 18, 2016 – Cold chain specialist CSafe Global recently hosted an event to celebrate the opening of their San Juan service center and new company CSafe Puerto Rico LLC.
The open house was at the company’s new service center adjacent to the island’s Luis Muñoz Marín International Airport (SJU). Over fifty customers and partners attended the celebration and took advantage of the opportunity to tour the new service center and showroom where CSafe’s complete line of active, passive packaging and passive hand-held couriers were on display.
CSafe has a well-earned record for quality and reliability and recognizes service centers are the key to providing customers with the solutions that give consistently high operational performance and a long service life. Brian Kohr, President and CEO stated, “We pride ourselves on having the best maintenance program in the industry. Our rigorous inspection, monitoring and preventative maintenance program insures that no matter the length of time a CSafe RKN container has been in the fleet, its performance will be the same as the new units that are being produced daily in our US manufacturing facility. ”
The opening of the new CSafe facility was prefaced by the arrival of over one hundred CSafe active shipping containers. In what is probably a first for the industry, CSafe Global procured several full 747F charter aircrafts to move CSafe RKN ULDs into Puerto Rico. The containers are being utilized to support the country’s growing manufacturing industry and as part of a customer specific solution.
In addition to the CSafe RKN, CSafe’s passive and small active solutions will be available for use within and for shipments leaving Puerto Rico. CSafe will also be able to provide conditioned and ready to use passive and active solutions from its own facility, further evidence of their continuing commitment to provide innovative customer solutions.
Quantum Health Welcomes New Vice President of National Accounts, Scott Kinzer
Columbus, OH Jul 12, 2016 – Quantum Health Inc., a leader in care coordination and consumer navigation, announced today the appointment of Scott Kinzer as Vice President of National Accounts. Scott will lead all sales and business development efforts among large self-insured employers along the West Coast.
Kinzer brings over 30 years of experience leading and developing business initiatives for multiple health management enterprises across several market segments, including numerous Fortune 100 employers, providers and hospitals, healthcare companies and other multi-channel healthcare solutions.
“Scott has an impeccable reputation within the benefits consulting community and among the Senior Human Resource leadership within many fortune 100 employers. His results- oriented approach, ability to think strategically, and the deep understanding of the ever changing healthcare landscape will be instrumental in growing our business on the West Coast,” said Mike Formica, Senior Vice President of Sales.
Prior to joining Quantum Health, Kinzer served as Vice President of Employer Solutions at SHAPEUP, Inc, where he was responsible for market strategy and forecasting while leading the sales team in the West and Mid-West regions. Kinzer also served as Vice President of Business Development for the Health Fitness Corporation, a national management provider, where he led sales and strategic planning for the West region. Earlier in his career, he served as a Senior Account Executive at both Free and Clear and WebMD Health, managing employer market sales, which included developing sales and market strategies as well as building and maintaining relationships with employers and consultants in the Northwest and Midwest regions. In addition, Scott has consulted employers on health and productivity solutions and hospitals on the development of wellness programs and rehab centers.
“Throughout my career, my focus has been on creating innovative solutions based on a comprehensive understanding of my clients’ needs, their unique history and objectives,” said Kinzer. “My approach to building partner trust is through authenticity and complete transparency in every step of the relationship. I’m looking forward to leveraging my past experience, industry knowledge and success to expand our business on the West Coast.”
Scott earned his Bachelor’s of Education and Health Sciences from Seattle Pacific University and his Master’s of Exercise and Environmental Physiology from the University of Arizona.
About Quantum Health
Quantum Health is an award-winning care coordination and consumer navigation company serving the needs of self-insured public and private employers across the United States since 1999. With a background in consumer behavior and a deep understanding of how real people experience healthcare, Quantum Health has a proven history of improving the efficiency of clients’ benefits plans while maintaining industry-leading satisfaction rates and claims savings. Based in Columbus, Ohio, Quantum Health has been recognized on the Inc. 5000 as one of the fastest-growing privately held companies for the past seven consecutive years (2008-2015), listed as one of the 50 Fastest Growing Women Owned/Led Companies by the Women Presidents’ Organization and has been listed as both a FORTUNE Magazine Great Place to Work® and an Entrepreneur Magazine Great Place to Work®. Learn more at Quantum-Health.com, and connect with us on Twitter (@QuantumHealth1), and LinkedIn (Company: Quantum Health).
GAFFEY Healthcare Expands Capabilities of Revenue Cycle Automation Tools
Plano, TX Jun 30, 2016 – GAFFEY Health continues to deliver against the financial demands of its customers by expanding the capabilities of AlphaCollector™, a collections automation workflow system, to allow for an increased focus on underpayments and denials.
The new Zero Balance Recovery module (ZBR) is designed to identify lost revenue from retrospective payment accuracy, along with potential contract management payment issues. As payments are received from payers, the system can immediately identify those accounts that have been incorrectly paid and route them to a specific staff member or team of staff to research further, if needed, and create a communication protocol with the payer for payment correction.
“Last year we launched AutoStatus an automated claims statusing tool that allowed us to identify denials earlier in the process,” stated Derek Morkel, GAFFEY CEO. “This new capability is a natural expansion that stems from our customers demand to focus on those claims that, if resolved earlier in the process, can make a significant positive impact on cash and a reduction in denials.”
GAFFEY Healthcare provides revenue cycle technology and services that enable health care organizations to accelerate cash flow, improve productivity and increase profitability with short-term and demonstrable ROI. From patient eligibility and payment verification to billing and claims management to third-party collections, their software relies upon cloud-based, state-of-the art workflow supported by a business intelligence platform. GAFFEY’s systems are in use at more than 200 healthcare systems and physician practices across the U.S.
HealthTronics Announces Agreement with HealthTrust for its Mobile Medical Technology
Austin, TX Jun 27, 2016 – HealthTronics Mobile Solutions, LLC, a subsidiary of HealthTronics, Inc., has entered into a supplier agreement with Brentwood, Tennessee-based HealthTrust.
The move will give HealthTrust members across the country access to HealthTronics’ cutting-edge, minimally invasive mobile medical technology, including lasers, ultrasound, cryoablation and microwave ablation systems. HealthTronics’ mobile medical therapies are used to treat conditions such as cancerous tumors and kidney stones.
Russell Newman, President of HealthTronics, said, “In an environment where cost pressures may be a significant concern, we strive to increase choices for healthcare providers and their patients. We’re excited to have the opportunity to serve as a HealthTrust supplier.”
About HealthTronics
HealthTronics, Inc., established in 1989 and headquartered in Austin, Texas, provides integrated, mobilized medical technologies and services, as well as physician partnership opportunities. The company brings its advanced technology and support systems to health care providers throughout the United States. For more information visit healthtronics.com.
About HealthTrust
HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. HealthTrust (www.healthtrustpg.com) serves over 1,400 acute care facilities and members in more than 22,600 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, HealthTrust is affiliated with Parallon Business Solutions, LLC (www.parallon.com), a leading provider of healthcare business and operational services, including revenue cycle management, workforce and technology solutions. On Twitter @healthtrustpg and @parallonconnect.
Yoshio Kondo Joins CSafe Global as Director of Sales Japan
Dayton, OH Jun 22, 2016 – As the latest part of the company’s international growth program, cold chain specialist CSafe Global has appointed Yoshio Kondo to further solidify its presence in Asia.
Yoshio Kondo will direct CSafe Global’s sales and partnership initiatives in Japan. He will be responsible for developing long-term relationships with the leading life science companies and logistics providers in this important market.
Nadine Siqueland, Vice President of Global Sales for CSafe, stated: “I am delighted to welcome Yoshio to CSafe. He brings a great depth of knowledge and a wealth of experience within the life science sector to best serve our Japanese life science customers and partners. Yoshio’s appointment is integral to our further strategic expansion in the Asia Pacific market.”
Mr. Kondo is a hands-on business development professional with a successful twenty-year track record in leadership roles at Pfizer, Johnson & Johnson and Smiths Medical. He has also run his own independent pharmaceutical consultancy providing business strategy support to many of the world’s leading pharma and medical device companies. Mr. Kondo is a graduate of the Meiji University Law School in Tokyo. He comments on his new position: “It’s a truly exciting time to be joining CSafe. To comply with tightening regulations and to protect the latest generation of temperature-sensitive biologics, the industry needs innovative, proven and reliable solutions like those manufactured by CSafe. My career to date has afforded me valuable insight into the particular needs of the pharma and pharma-logistics companies that are operating in Japan. I look forward to applying this knowledge to drive revenue growth for CSafe in what is the world’s second largest pharmaceutical market.”
About CSafe Global
CSafe Global manufactures AcuTemp® brand passive packaging and hand-held mobile carriers, the CSafe® brand of active containers, and is the exclusive manufacturer and provider of ThermoCor® vacuum insulation. The active solution product assortment includes the industry leading CSafe RKN, which utilizes heating and compressor-driven cooling technology to eliminate the risks associated with extreme ambient conditions as well as the cost, aggravation and environmental challenges associated with dry ice transportation. CSafe Global’s AcuTemp brand has provided temperature management solutions since its founding more than 25 years ago. The courier is a simple-to-use, reusable temperature management system with multiple sizes, temperature ranges and durations designed to protect vital shipments during last mile delivery. The passive packaging assortment includes solutions for 2-8°C, CRT and frozen shipments with temperature hold times up to 240 hours.
Paramit Acquires Lathrop Engineering
Morgan Hill, CA Jun 21, 2016 – Paramit, the “zero-defect” medical device and life science contract manufacturer, today announced its acquisition of Lathrop Engineering, an instrumentation product development company specializing in medical devices and diagnostics. The move will enable Paramit to deliver unrivaled excellence in the design and manufacturing of complex medical and life sciences instruments.
“Our customers tell us that we provide a better than best-in-class experience across quality, service, delivery and cost, the four most important aspects of contract manufacturing,” said Paramit Chief Executive Officer Billoo Rataul. “With the acquisition of Lathrop Engineering, we will add product development to our offerings, seamlessly blending it with our manufacturing capability to improve customers’ time to market and their overall experience in new product introductions.”
In fact, the company estimates the current average industry timeline to take new products to market – from design through manufacturing – at 24 months. By integrating Paramit and Lathrop processes, the company expects to significantly decrease its average time-to-market to 18 to 20 months.
“We have collaborated successfully with Paramit on several projects in the past and have validated this enhanced speed to market,” said Bob Lathrop, Chief Executive Officer of Lathrop Engineering, now a Paramit company. “Through this joint work, we have identified tremendous opportunities to combine our worry-free development and risk mitigation processes with Paramit’s exceptional manufacturing quality to provide unparalleled solutions to medical and life sciences companies with complex instrumentation needs.”
Lathrop’s unique approach to product development will allow Paramit customers to control their product vision throughout the development process and to own the design when completed. The multidisciplinary Lathrop team has vast experience in airflow analysis, fluidics control, multi-spectral flow cytometry, fluorescence imaging, and high and low power digital microscopy for both quantitative analysis and/or human interface, among others. The company’s proven, engineered development processes are designed to simplify complex development challenges for customers.
Paramit is known for exceptional quality as a result of its “zero defect” approach to manufacturing. Its focus on quality has resulted in achieving surface mounted technology assembly (SMT) at nine defects per million opportunities (DPMO) for the last five years, compared to best-in-class of 30 DPMO, and system assembly at <1 DPMO for the last four years, compared to best-in-class of 200 DPMO. This level of quality is the result of its proprietary vPoke™ system that takes complex assembly and simplifies it into hundreds or thousands of basic steps. With vPoke, the assembly operator cannot move forward until a step has been completed, validated and documented. This process enables 100 percent traceability for the product.
By harmonizing design, engineering and manufacturing through proprietary systems approaches, Paramit will create a “transferless” process from concept to manufacturing, accelerating time to market, lowering costs and ensuring consistent quality from the first product manufactured to the last.
Paramit will maintain Lathrop Engineering’s design center based nearby in San Jose.
The acquisition comes as Paramit’s new 162,000 square foot facility in Penang, Malaysia nears completion. This facility will focus on medical devices and life science instruments, while growing its Industrial Tools business. The new facility is expected to be completed by fourth quarter 2016 and will double the company’s current capacity in Penang.
About Paramit
Paramit delivers peace of mind in the development and manufacturing of complex medical and life science instruments, harmonizing the processes for exceptional time to market. Its innovative approaches include enabling customers to own their design at the end of the development process and manufacturing with a “zero defect” goal that results in better than best-in-class quality. The company’s focused experience, ingenuity and tenacity eliminate traditional product development and manufacturing challenges. For more information, please visit www.paramit.com.
HealthTronics Helps to Provide EDAP HIFU Procedure in New York
New York, NY Jun 16, 2016 – HealthTronics, Inc. is pleased have participated in the use of the EDAP Ablatherm® Robotic HIFU device in New York.
Click here for more information.
Quantum Health Names Scott Doolittle as Chief Financial Officer
Columbus, OH May 23, 2016 – Quantum Health, Inc. announced Scott Doolittle as Chief Financial Officer.
Doolittle will lead Financial Operations, Business Intelligence and Business Planning, with day-to-day responsibilities that include executing financial strategy, providing decision support for key business initiatives, and strengthening customer reporting capabilities. He will also support new product initiatives, as well as maintain key relationships with external partners. His experience will provide critical strategic leadership during this time of rapid growth for Quantum Health.
“Scott is a true leader in healthcare, whose expertise and knowledge of the evolving healthcare industry will be instrumental to our continued growth and success,” said Kara Trott, Founder and Chief Executive Officer of Quantum Health.
Prior to joining Quantum Health, Doolittle served as Senior Vice President of Finance and Operations for Healthways, the largest global provider of population health and well-being improvement solutions.
Doolittle holds a Bachelor’s of Science in Finance from Miami University and Master of International Business Studies from the University of South Carolina.
About Quantum Health
Quantum Health is an award-winning care coordination and consumer navigation company serving the needs of self-insured public and private employers across the United States since 1999. With a background in consumer behavior and a deep understanding of how real people experience healthcare, Quantum Health has a proven history of improving the efficiency of clients’ benefits plans while maintaining industry-leading satisfaction rates and claims savings. Based in Columbus, Ohio, Quantum Health has been recognized on the Inc. 5000 as one of the fastest-growing privately held companies for the past seven consecutive years (2008-2015), listed as one of the 50 Fastest Growing Women Owned/Led Companies by the Women Presidents’ Organization and has been listed as both a FORTUNE Magazine Great Place to Work® and an Entrepreneur Magazine Great Place to Work®. Learn more at Quantum-Health.com, and connect with us on Twitter (@QuantumHealth1), and LinkedIn (Company: Quantum Health).
Founder and CEO of Quantum Health asked to join the National Leadership Committee on Consumerism and Engagement to Improve Employee Health Care
Columbus, OH May 13, 2016 – Quantum Health Founder and Chief Executive Officer, Kara Trott, announced today that she is honored to accept an invitation to collaborate with top business executives and health care leaders from around the country in an exciting opportunity to improve employee health care.
The National Leadership Committee on Consumerism and Engagement (NLCCE), established by the National Business Group on Health (NBGH), in a mission to provide a leadership forum focusing on (1) finding and evaluating effective solutions to the health care benefits challenges of large employers, (2) identifying and disseminating best practices and innovative ideas for empowering and engaging employees and their dependents in the health care process, (3) identifying gaps in effective programs and practices and influencing industry to fill the gaps, (4) promoting effective public polices, and (5) promoting individual accountability and consumerism in all types of plans and financing methods.
Members of the committee include executives from some of today’s largest corporations, as well as key influencers in the health care industry.
“I am excited and honored to join such an esteemed group of executives and industry leaders,” said Trott. “Participating in the NLCCE is a unique opportunity to collaborate with key stakeholders to develop solutions and strategies that will help improve health care delivery and make it more cost-effective for payers, employers and participants.”
About Quantum Health
Quantum Health is an award-winning care coordination and consumer navigation company serving the needs of self-insured public and private employers across the United States since 1999. With a background in consumer behavior and a deep understanding of how real people experience healthcare, Quantum Health has a proven history of improving the efficiency of clients’ benefits plans while maintaining industry-leading satisfaction rates and claims savings. Based in Columbus, Ohio, Quantum Health has been recognized on the Inc. 5000 as one of the fastest-growing privately held companies for the past seven consecutive years (2008-2015), listed as one of the 50 Fastest Growing Women Owned/Led Companies by the Women Presidents’ Organization and has been listed as both a FORTUNE Magazine Great Place to Work® and an Entrepreneur Magazine Great Place to Work®. Learn more at Quantum-Health.com, and connect with us on Twitter (@QuantumHealth1), and LinkedIn (Company: Quantum Health).
About NBGH
The National Business Group on Health is the nation’s only non-profit organization devoted exclusively to representing large employers’ perspective on national health policy issues and helping companies optimize business performance through health improvement, innovation and health care management. The Business Group leads initiatives to address the most relevant health care issues facing employers today and enables human resource and benefit leaders to learn, share and leverage best practices from the most progressive companies. Business Group members, which include 71 Fortune 100 companies, provide health coverage for more than 50 million U.S. workers, retirees and their families. For more information, visit www.businessgrouphealth.org.