Intra-Op Monitoring Services, a provider of intra-operative neurophysiological monitoring capabilities, has acquired San Antonio, Texas-based Neuraxis Monitoring Group. No financial terms were disclosed. Intra-Op is a portfolio company of HealthEdge Investment Partners and Concentric Equity Partners.
Intra-Op Monitoring Services, LLC and its wholly-owned subsidiaries (“IOM”), a leading provider of highly specialized intra-operative neurophysiological monitoring capabilities in 13 states, announced today that it has acquired a 100% interest in Neuraxis Monitoring Group, LP (“Neuraxis”).
Neuraxis is a clinical diagnostic services company offering intra-operative monitoring capabilities to surgeons and hospitals in the San Antonio, Texas area. The Company ownership includes physicians of Ear Medical Group led by CEO Paul Trevino.
“IOM is an ideal fit for Neuraxis. The two have a powerful synergy which will greatly enhance their ability to better serve their customers,” remarked Mr. Trevino. The acquisition will give IOM a leading market share in the San Antonio area.
“We are thrilled to welcome the Neuraxis team to IOM. The many years of experience and neurosurgeon relationships they bring will strengthen our presence in the Texas market,” said IOM Chief Executive Officer Rod Johnson. IOM’s ownership includes HealthEdge Investment Partners, LLC, Concentric Equity Partners
and the management team.
ABOUT INTRA-OP MONITORING SERVICES
IOM is a clinical diagnostic services company offering highly specialized intra-operative neurophysiological monitoring capabilities. The Company utilizes advanced electrophysiological modalities to monitor and record the functional integrity of critical neural structures (brain, nerves, and spinal cord) and organs in real-time during surgeries where these potentially could be at risk. The goal of neuromonitoring is to prevent permanent damage to nervous system structures during high-risk surgeries by identifying impending damage to the nervous system and alerting the surgeon to this potential damage so that corrective action can be taken. Using advanced, state-of-the-art monitoring techniques and technology, IOM’s team of technicians and neurologists provide improved outcomes to a broad range of surgery types, including orthopedic,endneurosurgical, otolaryngological, vascular, spinal, cardiothoracic, and interventional radiological procedures. For more information on IOM, visit www.iomservices.com.