Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Trimedyne Acquires Mobile Surgical

Photonics.com
Dec 2000
IRVINE, Calif., Dec. 6 -- Trimedyne Inc. has acquired Mobile Surgical Technologies Inc., a Dallas-based provider of lasers and other technology equipment to hospitals and outpatient surgery centers on a service contract basis.
Trimedyne acquired 100 percent of Mobile Surgical Technologies for $1 million worth of Trimedyne common stock. William J. Schubert, former president of MST, was named as Trimedyne's CEO and vice chairman.
Acquiring MST will provide us with a strong distribution outlet for our products, said Shane H. Traveller, president and COO of Trimedyne. MST's fee-per-case model gives hospitals, surgery centers and physicians access to high technology equipment without having to bear the large capital cost of a purchase. Most importantly, instead of just selling lasers, we believe that renting them on a fee-per-case basis will increase our revenues and margins by participating in the fees generated from each laser surgical procedure.

News & Featureslasers

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.