| Business Summary | | HealthTronics
Surgical
Services,
Inc.,
formerly
known
as
HealthTronics,
Inc.,
provides
non-invasive
treatment
solutions
for
certain
urologic
and
orthopaedic
conditions.
The
Company's
medical
devices
include
the
OssaTron
orthopaedic
shock
wave
system,
the
LithoTron
kidney
lithotripter
and
the
LithoTron
Ultra
endourology
workstation.
In
2000,
the
Company
also
began
to
market
the
CystoTron
urodiagnostic
table.
All
of
these
devices
have
been
approved
by
the
Food
and
Drug
Administration
and
are
currently
marketed
throughout
Europe.
As
part
of
its
strategy,
HealthTronics
also
is
a
provider
of
lithotripsy
and
Orthotripsy
services
to
doctors,
medical
facilities
and,
increasingly,
directly
to
patients.
As
a
service
provider,
HealthTronics
supplies
the
device,
the
technologist
and
the
consumables
required
to
perform
lithotripsy
or
Orthotripsy
treatment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HealthTronics
Surgical
Services
was
founded
for
the
purpose
of
obtaining
FDA
approval
for
products
manufactured
by
HMT
High
Medical
Technologies;
in
particular,
medical
devices
utilizing
shock
wave
therapies
known
as
LithoTron
lithotripter
and
the
OssaTron
orthopedic
lithotripter.
For
the
six
months
ended
6/01,
revenue
rose
17%
to
$19.2
million.
Net
income
rose
19%
to
$1.6
million.
Results
reflect
more
clinical
treatment
procedures
and
the
gain
on
the
sale
of
interests. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Argil Wheelock, M.D., 53 Chairman
and CEO | $151K | $996K | Roy Brown, 53 Pres,
COO | 144K | 330K | Victoria Beck, 45 CFO,
Exec. VP | 124K | 111K | Scott Cochran, 39 Sec.,
Treasurer | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|