Edward Hines Jr. Veterans Administration Hospital

Myomo Reports Third Quarter 2023 Financial Results Featuring Record Product Revenue and Authorizations

Retrieved on: 
Tuesday, November 7, 2023

Excluding guaranteed minimum payment revenue from the China JV company, product revenue was $5.0 million, up 27% compared with the third quarter of 2022.

Key Points: 
  • Excluding guaranteed minimum payment revenue from the China JV company, product revenue was $5.0 million, up 27% compared with the third quarter of 2022.
  • Myomo recognized revenue on 119 MyoPro units in the third quarter of 2023, up 37% over the same quarter a year ago.
  • Gross margin for the third quarter of 2023 was 68.7%, compared with 66.5% for the third quarter of 2022.
  • Operating expenses for the third quarter of 2023 were $5.5 million, an increase of 1% over the third quarter of 2022.

NRx Pharmaceuticals and Nephron Pharmaceuticals Announce Joint Agreement to Develop Intravenous Ketamine to Treat Suicidal Depression

Retrieved on: 
Monday, November 6, 2023

Recent CDC data suggest that more than 3 million Americans have active thoughts of suicide and more than 50,000 die from suicide each year.

Key Points: 
  • Recent CDC data suggest that more than 3 million Americans have active thoughts of suicide and more than 50,000 die from suicide each year.
  • "There are few efforts as important as playing a role - through research and development - in tackling the nation's mental health crisis," said Lou Kennedy CEO and owner of Nephron Pharmaceuticals.
  • "To this end, we are honored to partner with NRx Pharmaceuticals in a groundbreaking endeavor.
  • Together, we are advancing the production of single-dose, intravenous Ketamine, which could be a crucial breakthrough for the treatment of depression.

MacDermott Method Launches Groundbreaking 14-Day Parent/Teen Relationship Reset App

Retrieved on: 
Wednesday, October 25, 2023

Developed by licensed marriage and family therapist Kristin MacDermott, this easy-to-use program gives parents a step-by-step process for resetting their relationships with their teens at that crucial time when many parent/teen relationships unravel.

Key Points: 
  • Developed by licensed marriage and family therapist Kristin MacDermott, this easy-to-use program gives parents a step-by-step process for resetting their relationships with their teens at that crucial time when many parent/teen relationships unravel.
  • "This 14-day program is the culmination of 20 years of research and development in resilience and relationships, and I am thrilled to make it available in an app, so parents can use it anywhere.
  • The 14-Day Parent/Teen Relationship Reset is the latest addition to MacDermott Method's portfolio of services and resources, which includes resilience-training programs for schools, coaches, and family advisors, reflecting their dedication to enhancing the lives of families and communities.
  • For more information about the MacDermott Method and the 14-Day Parent/Teen Relationship Reset Program, please visit our website .

SmartTRAK Announces Software Advancements & Launches Insights Reports for Emerging Orthopedic/Spine and Wound Medtech Markets

Retrieved on: 
Monday, October 16, 2023

IRVINE, Calif., Oct. 16, 2023 /PRNewswire/ -- SmartTRAK, the leading global Medtech business and market software intelligence solution in the Orthopedics, Wound Care, Regenerative Medicine and Neuro Therapy markets, announces the release of enhanced software products and strategic reports available for purchase in Q4 to help clients position themselves for growth in 2024 and beyond.

Key Points: 
  • SI Joint Fusion is one of the fastest growing segments in Spine, expected to grow at a 5-year CAGR of +18%.
  • In November, SmartTRAK's team of Wound Care experts will launch two new reports that have critical implications for the dynamic wound market.
  • In addition to these 3 downloadable reports, SmartTRAK continues to advance its software platform offerings.
  • We are investing in these expert analysts' reports while also building new software offerings that enable customers to access deeper insights online and track market trends on a daily basis."

NYU Langone Health Marks Historic 75th Anniversary of Rusk Rehabilitation

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 /PRNewswire/ -- To commemorate 75 years of innovation in physical and rehabilitation medicine, NYU Langone's Rusk Rehabilitation held a diamond anniversary recognition on September 22, during National Rehabilitation Awareness Week, to celebrate the groundbreaking concept of whole-person care developed by Howard A. Rusk, MD, during World War II.

Key Points: 
  • Dr. Batavia, who received the Distinguished Alumni Award, is an associate professor in the physical therapy program at NYU and a former department chair.
  • "At Rusk Rehabilitation, we continue the legacy of Dr. Rusk, using the latest technology and practices to improve patient outcomes and quality of life," said Steven R. Flanagan, MD , the Howard A. Rusk Professor of Rehabilitation Medicine and chair of the Department of Rehabilitation Medicine at NYU Langone.
  • From that first center in 1948, Rusk Rehabilitation has expanded significantly over the past decades, serving 2,000 patients across 27 locations annually.
  • With 780 clinicians on staff, Rusk Rehabilitation is one of the largest facilities in the country and has trained nearly 1,000 physicians in physical medicine and rehabilitation.

Congressional Resolution Marks Sept. 20th as National Service Dog Day

Retrieved on: 
Wednesday, September 20, 2023

WASHINGTON, Sept. 20, 2023 /PRNewswire/ -- K9s For Warriors, the nation's largest provider of trained Service Dogs for military Veterans with invisible wounds of war, celebrated the unanimous passage of a historic bipartisan resolution designating September 20th as National Service Dog Day each year. 

Key Points: 
  • It notes that Service Dogs have been providing such assistance since 1929, and that evidence-based research has shown that "Service Dogs provide numerous health and fitness benefits."
  • "National Service Dog Day will help to recognize how invaluable these incredible canines are to our American heroes.
  • "I appreciate my colleagues unanimously passing this resolution to recognize National Service Dog Day – a way to raise awareness about the unique training and tasks that Service Dogs perform to enable Veterans with disabilities to live life to the fullest."
  • I am proud to join Chairman Bost in declaring September 20th as National Service Dog Day.

Veteran Benefits Guide Expands Executive Leadership Team to Serve America's Veterans

Retrieved on: 
Thursday, July 6, 2023

LAS VEGAS, July 6, 2023 /PRNewswire/ -- Veteran Benefits Guide (VBG), which helps guide veterans across the U.S. with navigating the Veterans Administration's (VA) disability compensation benefits process, today announced the appointment of two new executive roles that will help to drive the company's long-term growth strategy and overall mission of supporting America's military Veterans.

Key Points: 
  • LAS VEGAS, July 6, 2023 /PRNewswire/ -- Veteran Benefits Guide (VBG), which helps guide veterans across the U.S. with navigating the Veterans Administration's (VA) disability compensation benefits process, today announced the appointment of two new executive roles that will help to drive the company's long-term growth strategy and overall mission of supporting America's military Veterans.
  • Donato Clay, a U.S. Army Veteran, has been named the company's new Chief Operating Officer (COO).
  • "We are thrilled to have Donato and Lauren's expertise as part of VBG's executive leadership team," said Josh Smith, Founder and CEO of Veteran Benefits Guide.
  • "As a Veteran, I know first-hand how important VBG's services are to ensuring that Veterans receive the full disability benefits they have earned," said Clay.

Ready Capital’s Red Stone Announces Grand Opening of Two Buildings to House Formerly Homeless Veterans

Retrieved on: 
Tuesday, May 23, 2023

Red Stone provided the construction and permanent tax-exempt bond financing in the amount of $39,000,000.

Key Points: 
  • Red Stone provided the construction and permanent tax-exempt bond financing in the amount of $39,000,000.
  • Veterans are expected to begin moving into these new units in May/June.
  • “The homeless crisis across the nation dramatically affects veterans and, these units fulfill a critical need for this community,” said Brian Renzi, Managing Director at Red Stone.
  • “There is plenty more work to do and we remain committed to providing safe, comfortable, and affordable homes for veterans and their families.

A Decade of Progress Treating Panic Disorder and PTSD: Freespira Marks 10 Years of Innovation and Life-Changing Impact on Mental Health

Retrieved on: 
Wednesday, April 26, 2023

KIRKLAND, Wash., April 26, 2023 /PRNewswire/ -- Freespira, developer of the only FDA-cleared at-home treatment for panic disorder, panic attacks and post-traumatic stress disorder (PTSD) symptoms, today marks its 10-year anniversary alongside several significant milestones. Its treatment for these debilitating and chronic mental health conditions has helped patients reduce or eliminate symptoms for over a decade, and is now available for nearly 17 million people across the U.S. Freespira is available through commercial, Managed Medicaid and Medicare Advantage plans, and is also available to veterans through the Veterans Administration. Over the past decade, the company's solutions have transformed the way people manage panic disorder and PTSD by harnessing the power of technology in a unique patient journey that delivers personalized and accessible care.

Key Points: 
  • Over the past decade, the company's solutions have transformed the way people manage panic disorder and PTSD by harnessing the power of technology in a unique patient journey that delivers personalized and accessible care.
  • Expanding Access: Freespira has built partnerships with innovative health plans, such as Highmark Health, Chorus Community Health Plan and Security Health Plan.
  • Freespira most recently launched a pilot program with Point32Health, a well-known innovator among health systems, enabling access to Freespira for an additional 300,000 members.
  • As Freespira marks a decade of innovation and impact, the company remains dedicated to improving the lives of people struggling with mental health challenges.

Nelson Intelligence Solutions, LLC Receives GIS for Good at Esri Partner Conference for Exceptional Achievement

Retrieved on: 
Thursday, April 6, 2023

LITTLE ROCK, Ark., April 6, 2023 /PRNewswire/ -- Nelson Intelligence Solutions, LLC received the GIS for Good at the 2023 Esri Partner Conference (EPC) held in Palm Springs, California March 4–6, 2023.

Key Points: 
  • LITTLE ROCK, Ark., April 6, 2023 /PRNewswire/ -- Nelson Intelligence Solutions, LLC received the GIS for Good at the 2023 Esri Partner Conference (EPC) held in Palm Springs, California March 4–6, 2023.
  • This award was presented to Nelson Intelligence Solutions LLC for the Compelling use of Esri technology to make an impact on current issues around the world at the 2023 Esri Partner Conference .
  • Nelson Intelligence Solutions, LLC (NiS) is a Service-Disabled Veteran-Owned, Defense Information Intelligence firm that offers geospatial services and solutions.
  • "NiS is also proud to partner with Esri and thank them for their leadership in navigating the geospatial industry.