HealthTronics Laboratory Solutions, Inc.
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HealthTronics Laboratory Solutions, Inc. - overview
Established
2001
Location
Austin, TX, US
Primary Industry
Healthcare
About
HealthTronics Laboratory Solutions, Inc. is dedicated to delivering advanced medical technology solutions for kidney disease, specializing in stone management through innovative products and services tailored for urologists and healthcare facilities. HealthTronics Laboratory Solutions, Inc. was founded in 2001 and is headquartered in Austin, US.
The company focuses on providing medical technologies for effective kidney stone management. In August 2013, HealthTronics was acquired by Metamark Genetics Inc. , which is a portfolio company of Perseus. The current CEOs are Bill Linder and Russell Newman.
HealthTronics specializes in providing advanced medical technology solutions focused on stone management for kidney disease. The company's core offerings include Extracorporeal Shock Wave Lithotripsy (ESWL), laser lithotripsy, ureteroscopy consumables, and repair and maintenance services for medical equipment. These products are designed to enhance the efficiency of urology practices by improving patient outcomes while optimizing operational costs. HealthTronics primarily serves a diverse clientele that includes over 1,500 urologists and 2,000 healthcare facilities across the United States, ensuring that healthcare providers have access to the latest minimally invasive technologies.
The company's technologies are utilized in clinical settings to treat kidney stones effectively, thereby addressing a critical area of urological health management. HealthTronics generates revenue through various business models, including joint ventures and partnerships with healthcare providers, primarily within the urology sector. Transactions typically involve the provision of medical equipment and support services under contractual agreements, which can include service and maintenance plans along with the supply of consumables. The company's flagship products, such as the ESWL and laser lithotripsy systems, are offered through a structured pricing plan that allows healthcare facilities to manage costs effectively while maintaining high standards of patient care.
HealthTronics' operational framework emphasizes the importance of strategic partnerships, enabling healthcare providers to access advanced medical technology tailored to their specific needs and patient demographics. The focus on comprehensive solutions positions HealthTronics as a crucial player in the healthcare market, enhancing treatment accessibility and operational efficiency for its clients. HealthTronics is planning to expand its product offerings with new technologies aimed at improving kidney disease treatment. The company is targeting entry into new markets, including regions beyond the United States, with specific plans to increase its presence in Europe and Asia by 2025.
The acquisition by Metamark Genetics is expected to provide the necessary resources to support this expansion, enhancing their capability to develop and launch innovative solutions in the medical technology sector.
Current Investors
Metamark Genetics Inc.
Primary Industry
Healthcare
Sub Industries
Diagnostic, Medical & Imaging Laboratories
Website
www.healthtronics.com
Company Stage
Add-on
Total Amount Raised
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HealthTronics Laboratory Solutions, Inc. - employee data


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