Natus Medical Inc.03.03.16
Pleasanton, Calif.-based Natus Medical Inc. has expanded its neurodiagnostic services into seven new states with the acquisition of the assets of NeuroQuest, LLC, a provider of neurodiagnostic services.
“The addition of NeuroQuest further strengthens our Global Neurodiagnostic (“GND”) brand as a leading provider in our rapidly growing ambulatory EEG service business,” said Jim Hawkins, president and CEO of Natus Medical. “GND’s organic growth combined with this acquisition offer an exciting opportunity for Natus and our customers as we expand the service throughout the United States. We expect this acquisition to add approximately $2.5 million in additional revenue during 2016 and to be immediately accretive to earnings.”
GND offers patients and physicians a more convenient way to complete ambulatory video electroencephalogram testing which can be performed at the home, hospital or physician’s office. The service also provides comprehensive reporting and support to the physician.
Natus provides healthcare products and services used in the screening, detection, treatment, monitoring and tracking of common medical ailments in newborn care, hearing impairment, neurological dysfunction, epilepsy, sleep disorders, and balance and mobility disorders.
“The addition of NeuroQuest further strengthens our Global Neurodiagnostic (“GND”) brand as a leading provider in our rapidly growing ambulatory EEG service business,” said Jim Hawkins, president and CEO of Natus Medical. “GND’s organic growth combined with this acquisition offer an exciting opportunity for Natus and our customers as we expand the service throughout the United States. We expect this acquisition to add approximately $2.5 million in additional revenue during 2016 and to be immediately accretive to earnings.”
GND offers patients and physicians a more convenient way to complete ambulatory video electroencephalogram testing which can be performed at the home, hospital or physician’s office. The service also provides comprehensive reporting and support to the physician.
Natus provides healthcare products and services used in the screening, detection, treatment, monitoring and tracking of common medical ailments in newborn care, hearing impairment, neurological dysfunction, epilepsy, sleep disorders, and balance and mobility disorders.