Columbia, MD – June 18, 2008– Impulse Monitoring, Inc.
(IMI), a leading provider of intraoperative
neuromonitoring (IONM) services to hospitals, today
announced that it has signed a two-year exclusive
agreement with Emory-Adventist Hospital, Smyrna, GA. IMI
will provide Emory-Adventist with comprehensive IONM
services including IMI-qualified neurophysiologists and
real-time professional oversight by an experienced
physician. IONM assesses neurological function involving
the brain, spinal cord and related nerve structures
during surgery. Use of IONM facilitates the surgical
process and can reduce surgical risk by providing alerts
to surgeons of potential harm to spinal cord or neural
structure.
About Emory-Adventist Hospital
Emory-Adventist Hospital at Smyrna is an
88-bed, not-for-profit facility operated by Adventist
Health as a joint venture with Emory Healthcare.
Originally known as Smyrna Hospital, Adventist Health
System purchased the hospital in 1976, and it became the
first health care institution in the Atlanta area to be
affiliated with the Seventh-day Adventist Church.
Adventist Health System, the largest Protestant
religious hospital system in the United States, owns and
manages hospitals, nursing homes, home health agencies,
health care systems and an array of other services in
approximately 20 states. Through a 1995 joint venture
with Emory Healthcare, Emory-Adventist Hospital became
the first hospital in Atlanta to be co-owned by two
leading health care providers – AHS and Emory. For more
information visit the Emory-Adventist Hospital website
at: www.emoryadventist.org.
About Impulse Monitoring
Impulse Monitoring, Inc. (IMI) provides
intraoperative neuromonitoring (IONM) services to
hospitals and other facilities for spinal, nerve and
brain-related surgeries. IONM allows early detection of
neurological compromise and identification of functional
neural structures during surgery. The scope of IMI’s
service includes neurophysiologists who provide
monitoring in the operating room, supported by dedicated
real-time, remote physician monitoring. Visit the IMI
website at:
www.impulsemonitoring.com.
Columbia, MD – May 28, 2008 –
Impulse Monitoring, Inc. (IMI), a
leading provider of intraoperative neuromonitoring (IONM)
services to hospitals, today announced that it has
signed a three-year agreement with the University of
Virginia Health System (UVAHS), Charlottesville, VA.
Under the terms of the agreement, which includes two
one-year extension options, IMI will provide UVAHS with
comprehensive IONM services including IMI-qualified
neurophysiologists and real-time professional oversight
by an experienced physician. IONM assesses neurological
function involving the brain, spinal cord and related
nerve structures during surgery. Use of IONM facilitates
the surgical process and can reduce surgical risk by
providing alerts to surgeons of potential harm to the
spinal cord or neural structures.
“With
its Neurosciences Center
and its Spine Center, the
University of Virginia Health System has established
itself among the preeminent neurosurgical and orthopedic
institutions in the country,” said Gene Cattarina,
Impulse Monitoring President and CEO. “It is both an
honor and a testament to the quality of the services we
provide that such a prestigious organization has
selected IMI as a provider of IONM services.”
About The University of Virginia
Health System
Founded by Thomas Jefferson, the
University of Virginia Health System was the tenth
medical school established in the United States. Over
the past 176 years, the School of Medicine grew and
developed into UVA Health System, a nationally renowned
academic medical center committed to providing
outstanding patient care, educating tomorrow's health
care leaders and discovering better ways to treat
diseases.
The University of Virginia Health System
consists of four components: the University of Virginia
Medical Center, the School of Medicine, the School of
Nursing and the Claude Moore Health Sciences Library.
The University of Virginia Medical Center is an
integrated network of primary and specialty care
offering services ranging from wellness programs and
routine checkups to the most technologically advanced
care, which includes the hospital with over 500 beds in
operation. For more information visit the University of
Virginia Health System website at: www.
www.healthsystem.virginia.edu.
About Impulse Monitoring
Impulse Monitoring, Inc. (IMI) provides
intraoperative neuromonitoring (IONM) services to
hospitals and other facilities for spinal, nerve and
brain-related surgeries. IONM allows early detection of
neurological compromise and identification of functional
neural structures during surgery. The scope of IMI’s
service includes neurophysiologists who provide
monitoring in the operating room, supported by dedicated
real-time, remote physician monitoring. Visit the IMI
website at: www.impulsemonitoring.com.
Columbia, MD – May 14, 2008 –
Impulse Monitoring, Inc. (IMI), a
leading provider of intraoperative neuromonitoring (IONM)
services to hospitals, today announced that it has
signed an agreement with Riverside Community Hospital,
Riverside, CA. IMI will provide Riverside with
comprehensive IONM services including IMI-qualified
neurophysiologists and real-time professional oversight
by an experienced physician. IONM assesses neurological
function involving the brain, spinal cord and related
nerve structures during surgery. Use of IONM facilitates
the surgical process and can reduce surgical risk by
providing alerts to surgeons of potential harm to spinal
cord or neural
structure.
About Riverside Community Hospital
Riverside Hospital has been providing quality and
compassionate healthcare to the people and families of
Riverside and the Inland Empire since 1901. It is one of
the largest full-service, acute care community hospitals
in the County; centrally located in downtown Riverside.
With over 400 physicians on staff and over 1,400
employees, Riverside’s team of healthcare professionals
utilize the most modern equipment and state-of-the-art
technology. Visit the Riverside website at:
www.rchc.org
About Impulse Monitoring
Impulse Monitoring, Inc. (IMI) provides
intraoperative neuromonitoring (IONM) services to
hospitals and other facilities for spinal, nerve and
brain-related surgeries. IONM allows early detection of
neurological compromise and identification of functional
neural structures during surgery. The scope of IMI’s
service includes neurophysiologists who provide
monitoring in the operating room, supported by dedicated
real-time, remote physician monitoring. Visit the IMI
website at:
www.impulsemonitoring.com.
.Columbia,
MD – April 8, 2008 – Impulse Monitoring, Inc. (IMI), a
leading provider of intraoperative neuromonitoring (IONM)
services to hospitals, has named Christopher Brown, Vice
President-Sales. A veteran of 18 years in healthcare
sales, Brown began his career with AMSCO International,
a provider of capital equipment to hospitals. AMSCO was
subsequently acquired in 1996 by STERIS Corporation, a
provider of a wide range of equipment, consumables and
services to healthcare, pharmaceutical, industrial and
government customers. Brown joins IMI from InteliStaf
where he served as Vice President and General Manager of
its $110 million division travel staffing division and
played a key role in a company turnaround strategy that
led to its sale in July 2007.
At STERIS, Brown served in a variety of
sales and marketing management and executive positions,
ultimately heading an organization of five regions that
was comprised of 50 people, including 30 sales
representatives. Additionally, he was responsible for
the successful development of that company’s Surgical
and Critical Care Business Unit.
“We’re thrilled to have landed someone
with the depth of industry knowledge and track record
that Chris brings to IMI,” said Gene Cattarina, Impulse
Monitoring’s President and CEO. “Chris’s experience in
building and managing sales organizations along with his
domain expertise will be essential components to the
success of our aggressive plan of growth and
development.”
About Impulse Monitoring
Impulse
Monitoring, Inc. (IMI) provides intraoperative
neuromonitoring (IONM) services to hospitals and other
facilities for spinal, nerve and brain-related
surgeries. IONM allows early detection of neurological
compromise and identification of functional neural
structures during surgery. The scope of IMI’s service
includes neurophysiologists who provide monitoring in
the operating room, supported by dedicated real-time,
remote physician monitoring. Visit
the IMI website at:
www.impulsemonitoring.com.
COLUMBIA, MARYLAND – February 19, 2007 – Impulse
Monitoring, Inc., a health care company that provides
intra-operative neurophysiological monitoring during
invasive surgical procedures, announced today that it
has completed a second round of financing. New investor
Ascension Health Ventures, LLC (AHV) led the $4.5
million Series B round with participation by previous
investor Tullis-Dickerson.
Impulse
will use this strategic capital to further accelerate
its aggressive organic growth and to fund a number of
key mergers and acquisitions in this fragmented and
quickly developing market.
Intra-operative neurophysiological monitoring (IONM) is
the application of a variety of electrophysiological and
vascular monitoring procedures during surgery. IONM
reduces the incidence of neurological injuries to
patients during surgical procedures by detecting early
warnings of injury that allow for timely intervention.
IONM consequently confers possible benefits at many
levels in medical care, including improved patient care,
reduced patient neurological deficits, improved surgical
morbidity and mortality, reduced hospital stay and
medical costs, and reduced insurance burden.
"Impulse’s dedication to clinical excellence is
consistent with Ascension Health’s commitment to
Healthcare That Is Safe. The strong clinical
platform that Impulse utilizes to deliver its service
offering makes them an exciting new addition to AHV’s
portfolio,” said Ryan Schuler of AHV.
"This
investment from AHV and Tullis-Dickerson is important in
a number of ways,” said Roger Conley, founder and
president of Impulse Monitoring. “First, AHV is a very
capable and strategically important partner that can
deliver market and clinical intelligence from a health
system perspective. Second, Ascension Health is one of
the nation’s leading healthcare systems and is dedicated
to improving clinical care. Finally, Tullis-Dickerson’s
desire to increase their level of participation with
Impulse reaffirms their commitment and satisfaction with
their earlier investment,” added Conley.
About
Impulse Monitoring
Impulse
Monitoring provides outsourced intra-operative
neurophysiological monitoring during invasive surgical
procedures, particularly in spinal and cranial surgery.
The company is located in Columbia, Maryland, and
provides its services to hospitals in sixteen states and
the District of Columbia. For more information, visit
http://www.impulsemonitoring.com.
About
Ascension Health Ventures
Ascension Health Ventures, LLC (www.ascensionhealthventures.org)
was launched in 2001 as a wholly-owned subsidiary of
Ascension Health. AHV’s role is to construct and manage
a strategic portfolio of investments that deliver a
venture investment return, have the potential to
transform the healthcare industry and significantly
enhance the quality of patient care.
About Ascension Health
Consistent with its mission to serve all people with
special attention to those who are poor and vulnerable,
Ascension Health (www.ascensionhealth.org)
is an innovative leader in transforming healthcare
through patient-centered, holistic care of the highest
clinical quality, and provided $703.9 million in care of
persons who are poor and community benefit last year.
Ascension Health is the nation’s largest Catholic and
nonprofit health system, with more than 100,000
associates serving in 20 states and the District of
Columbia.
About Tullis-Dickerson
Tullis-Dickerson
(www.tullisdickerson.com)
is a health care venture capital firm that has earned
top-quartile rates of return on behalf of its investors.
This performance is driven by disciplined due diligence
and superior management of investments, coupled with a
team approach to deal sourcing, structuring and
management. Within health care, TD focuses on
biotechnology and life sciences, pharmaceuticals, health
care services, and medical devices.
COLUMBIA, MARYLAND – June 8, 2006 – Impulse Monitoring,
Inc., a health care company that provides
intra-operative neurophysiological monitoring during
invasive surgical procedures, announced today that it
has completed a $9 million round of financing. New
investor Tullis-Dickerson led the round, with additional
participation from existing investors. As a result
of this investment, Timothy M. Buono of Tullis-Dickerson
will join the company’s board of directors.
The
company will use this capital to continue to
differentiate its services and rapidly expand its
presence in the U.S. market.
Intra-operative Neurophysiological Monitoring (IONM) is
the application of a variety of electrophysiological and
vascular monitoring procedures during surgery. IONM
reduces the incidence of neurological injuries to
patients during surgical procedures by detecting early
warnings of injury that allow for timely intervention.
IONM consequently confers possible benefits at many
levels in medical care, including improved patient care,
reduced patient neurological deficits, improved surgical
morbidity and mortality, reduced hospital stay and
medical costs, and reduced insurance burden.
"We
have been very impressed with Impulse Monitoring’s
management and clinical teams. They have a strong
business platform and are well positioned for success,”
said Tim Buono of Tullis-Dickerson. "We are
excited to be a lead partner with Impulse Monitoring,
which is driving the expanded use of local and remote
monitoring in the neuroscience market."
"The
support of Tullis-Dickerson will broaden the resources
and services we can offer through partners and providers
nationwide," said Roger Conley, founder and president of
Impulse Monitoring. "This additional capital will enable
us to continue providing outstanding service to an
increasing number of surgeons and hospitals, while
strengthening Impulse Monitoring as a leader in this
important and expanding field," added Conley.
About
Impulse Monitoring
Impulse Monitoring provides outsourced intra-operative
neurophysiological monitoring during invasive surgical
procedures, particularly in spinal and cranial surgery.
The company is located in Columbia, Maryland, and
provides its services to hospitals in thirteen states
and the District of Columbia. For more
information, visit http://www.impulsemonitoring.com.
About Tullis-Dickerson
Tullis-Dickerson
is a leading venture capital firm focused on investments
in health care companies at all stages of growth.
Over the last 20 years, the firm has achieved successful
outcomes by leveraging a unique blend of disciplined due
diligence and creative structuring and sourcing of
deals. For more information, visit
www.tullisdickerson.com.
CONTACT:
Rob Snow, Impulse Monitoring
(410) 740-2370
Melanie J. Oldeman, Tullis-Dickerson
(978) 969-1895
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