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Tag: NovaSom


Vendors

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 technology...

home sleep testing, M&A, NovaSom, SleepMed


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News

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 test results....

aahomecare, Amoena, Cape Medical, Enos Home Medical, NovaSom, VirtuOx


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Vendors

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...

home sleep testing, NovaSom, VirtuOx


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Business Development

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...

3B Medical, CPAP, Drive|DeVilbiss Healthcare, NovaSom, Sleep Therapy, Sunset Healthcare Solutions


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Also Noted

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...

home sleep testing, NovaSom, Sleep Apnea


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News

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 from...

drive, FDA, NovaSom, respironics, The Compliance Team


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Also Noted

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.

home sleep testing, John Spitznagel, NovaSom


Also Noted

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...

American Sleep apnea association, NovaSom


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Also Noted

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...

awareness, NovaSom, Sleep Apnea, survey, testing


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Also Noted

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 CEO...

ArjoHuntleigh, NovaSom


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