NeuroMonitoring

Loading...

Monday, December 24, 2012

PhysIOM, the IONM company acquired by Pronerve!!

PE-Backed ProNerve Buys PhysIOM Group

Posted on: December 21, 2012 
Most recent buy out IONM companies, Pronerve acquires PhysIOM!!
ProNerve, which is backed by Waud Capital Partners, has acquired PhysIOM Group, a Colorado-based provider of intraoperative neuromonitoring. Terms were not disclosed. PRESS RELEASE Waud Capital Partners (“WCP”) announced today that its portfolio company, ProNerve (the “Company”), has acquired PhysIOM Group, LLC (“PhysIOM”), one of the largest providers of intraoperative neuromonitoring (“IONM”) services in the western and southeastern United States. Headquartered in Colorado, PhysIOM serves over 290 hospital clients across 33 states. PhysIOM represents ProNerve’s third acquisition in 2012 and establishes the Company as a national provider of IONM services and the market leading provider of IONM services in the western United States. “Having a stated objective of building the leading provider of IONM services in the western United States, we are thrilled to complete this business combination,” said David Neighbours, Partner at Waud Capital Partners. WCP first invested in ProNerve in February 2012 and has also completed acquisitions for ProNerve in Washington and Arizona. “Individually, both companies are well respected in our field, but combined we have a stronger platform from which to serve our customers,” said Luke Johnson, Chief Executive Officer of ProNerve. “I look forward to working with PhysIOM’s management team as I believe their strengths to be complementary to our organization.” “We are eager to begin the process of joining forces with ProNerve,” said former PhysIOM Chief Executive Officer Rick Flores, who will become President of ProNerve. “PhysIOM’s employees, clinicians and clients have all welcomed the news of this merger.”
Posted by at

2 comments:

  1. Isa GuhaFebruary 12, 2017 at 12:49 AM

    Good article.

    ReplyDelete
  2. Sara SmithFebruary 12, 2017 at 12:52 AM

    You're so cool! I don't suppose Ive read anything such as this before. So nice to get somebody with some original thoughts on this subject. Really we appreciate you starting this up. this fabulous website are some things that is required on the internet, somebody with a little originality.

    My Signature: Best Chiropractic Websites Company in America.

    ReplyDelete

Subscribe to: Post Comments (Atom)

Search about: Neuromonitoring

NeuroMonitoring Companies: Europe

Providers in Europe:
Intraoperative Neuromonitoring Practice at UniversitatsSpital Zurich:

NeuroMonitoring Suppliers in Europe:
1.CPS Medical: NeuroCode AG

NeuroMonitoring Supplier in Russia:
1.Neurosoft, Medical Diagnostic Equipment
Worldwide Distribution list

IONM in New Zealand:

What are the chances of getting a job?

Opportunities to get into neurophysiology technologist jobs are very limited, as there are only 20 neurophysiology technologists employed in New Zealand.

IONM in Switzerland:
Anandic Medical Systems a local Swiz company with GE Partnership that does neuromonitoring and neonatal pediatric neuromonitoring monitoring.

Medical/Health Care: Insurance Companies and IONM Policies, in their Eyes!?

Here is what the insurance Co Anthem Blue thinks about what is medically necessary or investigational as per their policies!

BlueCross BlueShield of Tennessee Medical Policy Manual

  • Intraoperative neurophysiologic monitoring, including, but not limited to the following: Somatosensory-evoked potentials, brainstem auditory-evoked potentials, visual-evoked potential, EMG, motor-evoked potentials, and EEG, when performed during spinal, intracranial, or vascular procedures, is considered medically necessary if the medical appropriateness criteria are met. (See Medical Appropriateness below.)

  • Intraoperative neurophysiologic monitoring for other indications is considered investigational.

  • Any device utilized for this procedure must have FDA approval specific to the indication, otherwise it will be considered investigational. See also: Visual and Auditory Evoked Potential

Beware:- Do We Need this column?

Moved from Main page:-
Do Not Become victim to some New Org, association or society...! WARNING:- Be careful in signing up to some rogue organizations and memberships, You must realize that even professionals become prey for such tactics of bottom feeders, just think before you pay that fee, do we need another neuromontioring group, or organization or association bullshit?. They do not deserve to be even in the radar of scientific and medical communities, sorry!!!. I can only alert you, the rest is in your own hands, just because some one claims to have done or do the same kind of job a Professional and trained scholar can do, it means a jack shit!!!?, A doctor and a Doctarate cannot be replaced, those who claims to be doing some jobs can do something, but be careful to assess or compare it to a Doctor or Doctorate, such comparison will fail!!!. Society for Neuroscience and American Association of Anatomists are some of the most respectable and reputed scientific organizations, I dropped off my membership mainly because of their increased fees, I thought it was unjustified and unreasonable, but my respect to those two organizations will never be altered, they deserve great respect for what they do. Tthis message is not about such great associations, on the other hand it is about some rogue individuals trying to con the school students in IONM field or undergraduates who call themselves to be a neurophysioliogist??.Do not think that all the scientific or clinical organizations out there deserve the same respect like that of society for neuroscience or American association anatomists or American clinical Neurophysiologists or least they do the right things!!. Oh wait that is for those established organizations are out there already not for some rogues, but I have been seeing some internet activities of some rogue and decorated Neuromonitoring associations and societies trying to sprung up, just be careful about such org.The above message I had put up on my LinkedIN is to alert you, there are only a couple of Neuromonitoring associations established and in business already and they are good enough, we do not need every tom, dick and harry who did not even go to graduate school to start a association in the name of he or she is a tech for 10000 surgical cases, a Doctor and Doctorate cannot be replaced and there is no exception to it, so beware about rogue people starting societies and organizations and do not waste your hard earned money and resources to it...... stick to the deserved.