HealthTronics, Inc. provides healthcare services, and manufactures medical devices primarily for the urology community in the United States. It offers lithotripsy services, which is a medical procedure where a device called a lithotripter transmits high energy shockwaves through the body to break up kidney stones. The company also provides services relating to operating its lithotripters, including scheduling, staffing, training, quality assurance, and regulatory compliance, as well as contracting with payors, hospitals, and surgery centers. In addition, it offers treatments for benign and cancerous conditions of the prostate; image guided radiation therapy technical services for cancer treatment centers; administrative services to in-office pathology labs for practice groups; and pathology services to physicians and practice groups with its lab equipment and personnel. Further, the company manufactures and sells medical devices for the treatment of prostate and renal cancers, the ablation of tumors in lung and liver, and palliative intervention. Additionally, it manufactures the related spare parts and consumables for its medical devices. The company was founded in 1972 and is headquartered in Austin, Texas.
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Endo Pharma to buy HealthTronics in $223M deal (fiercebiotech.com)