Tag: NovaSom
Sleep lab, not VirtuOx, buys NovaSom's assets
October 8, 2019HME News Staff
ATLANTA - SleepMed, one of the largest operators of sleep labs in the United States, has acquired the assets of NovaSom, a leading provider of home sleep testing.
It was previously reported that VirtuOx would buy the Glen Burnie, Md.-based company's assets.
SleepMed, a BioSerenity company, is “excited to invest in NovaSom,” said Roger Anderson, senior vice president of finance and operations.
The company plans to combine its sleep medicine with NovaSom's HST and BioSerenity's...
In brief: NovaSom files for bankruptcy, Cape Medical makes buy
August 16, 2019HME News Staff
GLEN BURNIE, Md. - VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 Aug. 2.
Per the court documents, filed in the United States Bankruptcy Court for the District of Delaware, NovaSom seeks to sell virtually all of its assets to VirtuOx through a stalking horse auction; the estimated purchase price is $5.3 million.
NovaSom, a provider of home sleep testing, was founded in 1992 and manufactures the AccuSom, which features continuous patient support and next-day...
NovaSom files for bankruptcy, seeks sale to VirtuOx
August 15, 2019HME News Staff
GLEN BURNIE, Md. - VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 bankruptcy Aug. 2.Per the court documents, filed in the United States Bankruptcy Court for the District of Delaware, NovaSom seeks to sell virtually all of its assets to VirtuOx through a stalking horse auction; the estimated purchase price is $5.3 million. NovaSom, a provider of home sleep testing, was founded in 1992 and manufactures the AccuSom, which features continuous patient support and next-day...
Apnea awareness, technology drive sleep
May 20, 2016John Andrews
The customer base for sleep therapy is growing, thanks to greater exposure in the media and those who use mobile device technology for health management, market specialists say.Public awareness of obstructive sleep apnea has increased dramatically due to a proliferation of news reports, advertisements and even discussion of the condition on scripted TV shows. For example, an episode of “The Simpsons” shows Homer using a CPAP, as does Tony Soprano on the HBO series “The Sopranos.”“The...
NovaSom stars on Discovery Channel
May 6, 2015HME News Staff
LEN BURNIE, Md. - NovaSom will be featured in an upcoming episode of Innovations with Ed Begley Jr. During the segment, viewers will learn about the company's AccuSom home sleep test, which features continuous patient support and next-day test results and interpretation. “We are pleased to share the success of our AccuSom home sleep testing program with the viewers of Innovations with Ed Begley Jr. so that patients and their physicians can learn that the diagnosis of sleep apnea can be achieved...
In brief: Drive Medical buys in Europe, The Compliance Team expands service
July 11, 2014HME News Staff
PORT WASHINGTON, N.Y. - Drive Medical has acquired Dupont Medical, a manufacturer and distributor of healthcare products in France. Based in Frouard, Dupont manufactures and distributes everything from wheelchairs to homecare beds to patient lifts. The company also manufactures diagnostic devices, emergency equipment and medical instruments for doctors and other healthcare professionals. The deal will further expand Drive's presence in Europe. In May, the company acquired several product lines...
NovaSom obtains financing
July 9, 2014HME News Staff
DURAM, N.C. - NovaSom has secured a $7.5 million line of credit from Square 1 Bank to further its foothold in the sleep market. “After being vetted and approved through Square 1's diligence process, management's vision and plans to move into its next phase of development are validated,” said CEO John Spitznagel in a press release. NovaSom manufactures AccuSom, a home sleep test.
NovaSom joins ASAA roundtable
February 27, 2014HME News Staff
GLEN BURNIE, Md. - NovaSom, provider of the AccuSom home sleep test, has joined the American Sleep Apnea Association (ASAA) industry roundtable, according to a release. Corporations on the roundtable support the ASAA mission, activities and programs. “We believe that home sleep testing is one more way to ensure those with sleep apnea receive the care they need, and we are thrilled to work with NovaSom on increasing sleep apnea awareness and improving patient outcomes,” said Edward...
Survey finds low awareness of OSA screening, testing
October 3, 2013HME News Staff
GLEN BURNIE, Md. - There's a clear lack of awareness among Americans about the latest screening and testing technologies for obstructive sleep apnea (OSA), according to a survey commissioned by NovaSom and the American Sleep Apnea Association. The survey, which polled 500 men and women between the ages of 30 and 65, found that 88% were unaware of either the Epworth or Stop-Bang questionnaires, and 82% were unaware of home sleep tests. Additionally, it found 40% who suspected themselves or a spouse/partner...
People news: Rick Lytle, John Spitznagel
July 17, 2013HME News Staff
ArjoHuntleigh has named Rick Lytle as its North American president. Lytle will oversee the company's sales and service operations in the United State and Canada. His initial focus will be to effectively integrate the commercial operations of the recently acquired Therapeutic Surfaces division from Kinetic Concepts, Inc…NovaSom has appointed John Spitznagel as its new CEO. Spitznagel will also serve on the company's board of directors. He succeeds Richard Hassett, who has served as president and...