Oventus adds two agreements
By HME News Staff
Updated 9:24 AM CDT, Thu March 18, 2021
BRISBANE, Australia – Oventus Medical has secured a new agreement with Connect DME to make available its home care oral appliance therapy to third-party administrator beneficiaries. Connect DME, which provides DME to TPAs, will leverage virtual consultations with physicians and dentists across its national footprint of customers to facilitate the use of the O2Vent Optima for sleep apnea treatment. The agreement calls for an initial contract of three years and automatically extends for another three years, unless either party terminates the agreement. Oventus has also signed a distribution agreement with Circadian Australia, which will make the company’s sleep treatment platform available to clients across many different industry sectors, including mining, aviation, transport and oil and gas. The agreement calls for an initial 12-month term with an automatic renewal for successive 12-month periods, unless a party gives notice of its intent not to renew. “These two additional agreements demonstrate the flexibility and scalability of the virtual lab-in-lab model and why Oventus believes that this model will be a significant driver of growth over the coming quarters,” the company stated in a press release.
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