Healthtronics selling outPosted by john on 3/30/05 at 20:29 (172222)
It looks like Healthtronics is getting out of the orthopedic lithotripsy business. Their recent press release says that the business is up for sale. Here is the link http://www.healthtronics.com/PR_Story.asp?FileID=339
Is this good news?
Re: Healthtronics selling outDr. Z on 3/30/05 at 20:42 (172223)
Interesting. Depends who purchases the company. How can a company sell now when their sales is declining Strange
Re: Want to really get confused?Ed Davis, DPM on 3/30/05 at 21:00 (172227)
HMT was bought by Healthtronics but I was told that HMT just delared backruptcy.
Re: Want to really get confused?Dr. Z on 3/30/05 at 22:04 (172234)
and heelspurs.com just made a offer for healthronics. Elliott becomes the new CEO and rewrite the entire FDA application Go elliott. Seriously the healthronic model is bad and will not work. The ossatron has helped alot of heel pain patients and will be missed.
Re: Want to really get confused?Ed Davis, DPM on 3/31/05 at 15:05 (172304)
They still had a booth at ACFAS (Healthtronics). (It did not look very busy to me). I am not sure what keeps 'em going?
Re: Want to really get confused?Ralph on 3/31/05 at 15:55 (172309)
From that article I think it's their urology group that keeps them going Dr. Ed.
Re: Want to really get confused?john on 3/31/05 at 16:21 (172314)
They are not going out of business. Healthtronics is very profitable. They have decided to spend their time and efforts on their core business areas. My guess is that they are tired of fighting with insurance and they realized that they can make more money with less effort in the urology market than in the ESWT market.
Re: Want to really get confused?Dr. Zuckerman on 3/31/05 at 17:34 (172319)
That's another way to look at this John.
Re: Want to really get confused?Dr. Zuckerman on 3/31/05 at 18:20 (172323)
You have to make the store look busy while trying to sell it.
Re: Dr. Z Re: Want to really get confused?vince on 3/31/05 at 18:27 (172324)
DRz-Is the rumor true that you are buying Healthtronic's ESWT biz for cash and are going to retain all their techs at double their salary?
Re: Want to really get confused?john on 3/31/05 at 20:46 (172337)
Don't get me wrong. I think that they will have a hard time selling their Ossatron business for the same reasons that you favor the Dornier EPOS Ultra.
Re: Want to really get confused?Dr. Z on 4/01/05 at 17:00 (172389)
Not sure what you mean about the comparison.
Re: Healthtronics selling outMikeS on 4/04/05 at 10:49 (172548)
HT is selling the ortho division. HT was recently bought by Prime medical who was only interested in the litho division. The ortho division has been letting employees go like mad and have put the ortho division on the market. They are currently talking with AKSM, another shockwave company. Anyone would be NUTS to buy it though. There are several new in office devices that are pending FDA approval that are almost as good as Ossatron and can be done in office for a fraction of the price.
Re: To Mike S Healthtronics selling outRalph on 4/04/05 at 11:30 (172556)
Someone posted that the DoloClast was seeking FDA approval, but it's a low power machine they said. What new in office high power machine are in the FDA mill waiting for approval? What machines can we expect to see?
Re: Healthtronics selling outPodinFla on 4/10/05 at 15:25 (172924)
I don't know if they are selling out but I was told by a rep who got laid off that they are 'restructuring' their territories. Up until recently, I've been using the ossatron exclusively with good success (only two failures out of about 30 procedures). I've recently signed up with a dornier outfit (United Shockwave) and we will see how that goes.
Re: Healthtronics selling outEd Davis, DPM on 4/12/05 at 15:06 (173057)
They probably will need to do what they can to keep their orthotripsy business viable so they can find a buyer. I think that you will like the Dornier. I have long felt that the key issue is issue is the amount of energy delivered to tissues; a threshold exists which must be achieved in order to see success.
Re: To Mike S Healthtronics selling outEd Davis, DPM on 4/12/05 at 15:30 (173061)
I beleive that the Dolorclast is variable in power. It's small size creates portability which is a plus for it. The 'other' machine waiting is, I believe, high energy but cannot remember its name at the moment.
Re: To Mike S Healthtronics selling outEd Davis, DPM on 4/12/05 at 15:34 (173062)
I beleive that the other unit awaiting FDA approval is the 'Orthospec.'
Re: To Mike S Healthtronics selling outDori M. on 4/23/05 at 20:20 (173607)
Can you pleawe comment on whether Dornier or Ossatron is best for ESWT? I am scheduled for an Ossatron next week and am concerned that the Dornier may be better????