Our CEO, Thomas Sandgaard, joined Steve Darling from Proactive to highlight Zynex's 20% year-over-year increase in orders and 11% revenue growth in Q2 2024. They also discuss future innovations, including next-generation pain management devices and a new pulse oximeter, aiming to diversify their product offerings and capture significant market share. Watch the interview here: https://lnkd.in/gTAMB2SC For more details, you can view the full article here: https://lnkd.in/gqGrfKu9 #ZYXI #Zynex #PainManagement #Growth #FinancialResults #Q2
Zynex Medical
Medical Equipment Manufacturing
Englewood, Colorado 22,399 followers
World Premier Pain Management Device Manufacturer & Distributor
About us
Zynex, Inc. founded in 1996, engineers, manufactures and markets neuro-diagnostics, stroke rehabilitation, pain management and cardiac monitoring devices within three subsidiaries. Zynex Medical is a provider of electrotherapy products for home use. Zynex Monitoring Solutions develops products for cardiac monitoring for use in hospitals. Zynex NeuroDiagnostics develops devices for EMG and EEG diagnostic applications within neurology disciplines. Zynex Medical's product line is fully developed, FDA/CE cleared, commercially sold, and has been developed to uphold the Company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain. Zynex Monitoring Solutions and Zynex NeuroDiagnostics are currently both in the development stages without any significant revenues.
- Website
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http://zynex.com
External link for Zynex Medical
- Industry
- Medical Equipment Manufacturing
- Company size
- 501-1,000 employees
- Headquarters
- Englewood, Colorado
- Type
- Public Company
- Founded
- 1996
- Specialties
- Develop Stroke Rehabilitation and Pain Management Devices, Markets TENS, Interferential (IFC), & NMES, Developing Blood Monitoring Solution, and Developing Neuro Diagnostic Application Device
Locations
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Primary
9655 Maroon Circle
Englewood, Colorado 80112, US
Employees at Zynex Medical
Updates
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Seniors are at heightened risk of opioid addiction after surgeries and medical treatments and could benefit if there were alternatives to opioids. Congress is taking steps to combat opioid addiction among seniors with the bipartisan Alternatives to Prevent Addiction in the Nation (Alternatives to PAIN) Act. Zynex is in the fight against opioid #addiction. We offer drug-free pain relief solutions, like the #NexWave, that are safe, non-addictive, and have virtually no side effects. Learn more about a better and safer way to manage your pain: https://lnkd.in/e7naz4a #OpioidEpidemic #EndOverdose #HarmReduction #Recovery
Seniors desperately need alternatives to #opioids for pain management. Congress is taking steps to combat opioid addiction among seniors with the bipartisan Alternatives to Prevent Addiction in the Nation (Alternatives to PAIN) Act. This legislation aims to make non-opioid pain treatments more affordable under Medicare Part D, reducing the reliance on opioids, which have a high risk of addiction and overdose. The bill would cap out-of-pocket costs for non-opioid treatments, eliminate certain insurance barriers, and encourage dialogue between patients and healthcare providers about pain management options. This initiative addresses the increasing rates of opioid use disorder among seniors and aims to provide safer, effective alternatives for pain management. Learn more by clicking the link below. https://lnkd.in/gsd5dRxK
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We are excited to announce our financial and operational results for Q2 2024: 📈 Orders increased 20% YOY, the highest number of orders in Company history for the ninth consecutive quarter. 📈 Revenue increased 11% YOY to $49.9 million. 📈 Cash flow from operations of $3.2 million, a 20% YOY increase. 📈 Repurchased $2.2 million of the Company's common stock in Q2 2024. To read the full press release, please visit: https://lnkd.in/gJ7ZXKwj #PressRelease #FinancialResults #BusinessGrowth #ZYXI
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The NexWave is a prescription-strength 3-in-1 device that can provide more effective pain relief than OTC TENS units. See what Rachel A., one of our patients, shared about her experience. We are so happy to hear that the #NexWave reduced Rachel’s pain and improved her quality of life. #Zynex #PainRelief #PainManagement #Testimonial
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We are pleased to announce that #Zynex is hosting a conference call on Thursday, July 25, 2024 at 2:15PM MT to discuss our Q2 financial results. To register and participate in the webcast, click on the following link and dial in approximately 5-10 minutes before the webcast: https://lnkd.in/gT_B9NUP #Finanace #Earnings #Q2 #Healthcare #ZYXI #FinancialReport
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It was a perfect day for the Dunk-A-Manager event at our Corporate HQ last week. Our Patient Enrollment team got creative and found some ways to have some fun and celebrate all their hard work while bonding with their managers. Check out some of the highlights from this rare event! #Zynex #PatientEnrollment #EmployeeAppreciation #TeamBuilding #PositiveWorkplace #WorkplaceCulture
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A new Study reveals 1 in 6 youth fill opioid prescriptions before surgery, with 3% still using opioids 3-6 months post-surgery. Conducted by top medical institutions, the research highlights the need for better guidelines to prevent unnecessary opioid use and address risk factors for persistent use in adolescents. Zynex is in the fight against opioid #addiction. We offer drug-free pain relief solutions, like the #NexWave, that are safe, non-addictive, and have virtually no side effects. Learn more about a better and safer way to manage your pain: https://lnkd.in/e7naz4a #OpioidEpidemic #EndOverdose #HarmReduction #Recovery
Many youths continue to take #opioids months after surgical procedures, multi-institutional study finds. A new multi-institutional study reveals that 1 in 6 youths fill opioid prescriptions before surgery, with 3% still using opioids 3-6 months post-surgery. Conducted by top medical institutions, the research highlights the need for better guidelines to prevent unnecessary opioid use and address risk factors for persistent use in adolescents. The findings emphasize the importance of careful opioid prescribing to avoid contributing to the opioid crisis among young patients. Learn more and by clicking the below link. https://lnkd.in/gpWJQW4N
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We are thrilled to announce that #Zynex has been recognized for multiple awards by Top Workplaces and the U.S. News & World Report 2024-2025 ratings. We are incredibly honored to have been recognized by these prestigious organizations. Learn more about this exciting news: https://lnkd.in/gDp3Reqt #BestPlaceToWorkFor #TopWorkplaces #WorkplaceCulture #EmployeesMatter #USNews
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The toll from the overdose crisis remained significantly high in 2023. According to the CDC, fentanyl and other opioids are still the deadliest threat. Our mission is to provide drug-free pain relief to as many patients as possible to help fight against the opioid crisis. Learn more about our products at https://lnkd.in/eGcMcG7 #Zynex #NexWave #OpioidCrisis #PainManagement #Drugfree #PainRelief
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Happy Independence Day! Zynex wishes you a spectacular 4th of July filled with joy, fireworks, and endless memories! #IndependenceDay #4thofJuly #Freedom #Zynex #MadeInUSA