Effective July 31, 2020 the owners of ReMed have acquired Learning Services and the two companies will merge to form one incredible continuum of care for persons with neurologic injury. Founded in 1984, ReMed has been the premier provider of brain injury services in the Mid-Atlantic region and has operated under the single premise that individuals with brain injury have the potential to return to a life that is meaningful and productive. In 2018, ReMed acquired Neurological Rehabilitation Living Centers in Covington, LA expanding its footprint beyond the Mid-Atlantic region. For 35 years, Learning Services has been committed to “Building Futures” for persons with brain injury by providing high quality rehabilitation across multiple states, from North Carolina to California.
Sterling Partners and its investment incubator ’87 announced today the formation of a new managed services organization (MSO), Stella MSO, LLC, which will provide services to Stella Center, a new model of care for individuals seeking treatment of neurological trauma-related symptoms. Stella Center provides care to patients with a 20-minute outpatient medical procedure – called a modified Stellate Ganglion Block (SGB) – that targets the brain’s fight or flight response to help alleviate symptoms related to neurological trauma. These symptoms range from relationship and sleep problems to panic attacks and surges of irritability and afflict those from all walks of life, including military personnel, veterans and first responders. The formation of the MSO and its first partnership with a physical center for care, located just outside of downtown Chicago, was led by Sterling Partners (“Sterling”) Chairman and Co-Founder Steven Taslitz.
Early-onset dementia and Alzheimer’s disease jumped 200% among commercially insured Americans between the ages of 30 and 64 over a recent five-year period, a new analysis of Blue Cross and Blue Shield health insurer claims shows. The report, the latest from the Blue Cross Blue Shield Association, shows 131,000 people between the ages of “30 and 64 were diagnosed with either form of dementia” in 2017. The average age of someone “with either condition is 49 and women are disproportionately impacted than men,” the report, which is the latest in the trade group’s “The Health of America” series, shows.
Wave Neuroscience, Inc., a global leader in developing personalized, noninvasive technology aimed at addressing neurological disorders and enhancing cognitive brain function through Transcranial Magnetic Stimulation (TMS), announced today that it has acquired the assets of NeoSync, Inc. NeoSync is a pioneer in personalized, low-energy brain stimulation for the treatment of Major Depressive Disorder and other diseases of the Central Nervous System (CNS). Among the assets acquired are 19 issued and four pending patents which will be added to Wave’s existing portfolio, strengthening Wave’s position in EEG and EEG/EKG guided TMS. In addition, Wave has acquired the Neuro-EEG Synchronization Therapy (NEST¨) system developed and tested by NeoSync.
Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (IONM), is pleased to announce that it has completed (the “Completed Agreement”) the previously announced acquisition (the “Acquisition”) of all of the assets of Neuro-Pro Monitoring (Neuro-Pro), one of the largest IONM service providers in Texas.
CortiCare, Inc., a leading provider of technology and electroencephalographic (EEG) services to the hospital and physician office markets, today announced that it continues its growth by acquiring Centennial Neurodiagnostics (Centennial) of Dallas Texas. Centennial is a market leader in the Southern region of the United States providing patient care from California to Florida. “The changes in the healthcare environment continue to show the benefit of contracted tele-neurology services and adding the Centennial team to CortiCare improves our ability to serve the growing need in both the hospital and physician office markets,” said Tim Innes, CortiCare’s Executive Vice President. Alun Malone, the founder of Centennial Neurodiagnostics said, “With CortiCare, we join a vertically integrated EEG Services provider that leverages our leading market position for in-home ambulatory EEG testing and supports expansion into servicing hospitals in our service region. We are excited by the growth potential that this integration creates to build on our current accomplishments.”
MEDNAX, Inc. (NYSE: MD), today announced its affiliation with Halthore Maller Pediatric Neurology Associates, LTD, a private pediatric neurology practice based in Las Vegas. Founded in 1995, Halthore Maller is comprised of two physicians. The practice is an established group that has provided pediatric neurology services to Las Vegas and surrounding communities for nearly 25 years. In addition to serving patients through a local office, the practice provides pediatric neurology services to three regional hospitals, including MountainView Hospital, Sunrise Hospital & Medical Center and University Medical Center of Southern Nevada.
Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring (IONM) services, has acquired Littleton Professional Reading, LLC, a professional IONM company based outside of Denver. Assure purchased Littleton for $700,000, including over $2.5 million of accounts receivable. Littleton managed approximately 375 spine and neurosurgery cases in 2018. The purchase will be funded with cash on hand and will be payable in three equal installments over the next six months. The transaction closed on May 29, 2019.
Neuro Network Partners (NNP), a premier group of child neurologists and advanced care neurology providers with offices in Dade and Broward Counties, is joining with Miami-based First Choice Neurology, which has locations throughout South Florida and in the Tampa Bay area. The combined organization becomes the largest private pediatric and adult neurology group in the United States with more than 80 neurologists and 120 support health care staff members. The practice operates out of 41 facilities in six Florida counties and offers coverage in 35 major hospitals. NNP was founded in 1978 and offers specialized pediatric expertise in such fields as epilepsy, traumatic brain injury, neurocritical care, cerebral palsy, movement and neuromuscular disorders, headaches, autism and neurodevelopmental disorders, neurogenetics, attention and learning problems, sleep disorders, and advanced neurodiagnostic services. First Choice Neurology, a Florida medical group of neurologists, nurse practitioners, physician assistants, neuropsychologists as well at occupational therapists (OTs) and physical therapists (PTs), began serving patients in 2004. First Choice offers both diagnostic and physical rehabilitative services for patients with a wide variety of neurological conditions, including Alzheimer’s disease, dementia, epilepsy, migraines, multiple sclerosis, Parkinson’s disease, sleep disorders and strokes.
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