Natus Medical Announces Transition of Peloton Business to Pediatrix Medical Group and Signing of Strategic Agreement
Natus Medical Incorporated (NTUS)
Last natus medical incorporated earnings: 4/30 04:01 pm
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Source: GlobeNewswire
PLEASANTON, Calif., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Natus Medical Incorporated (NASDAQ:NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, announced today that the Company signed a definitive agreement to transition its Peloton hearing screening services business to Pediatrix Medical Group (“Pediatrix”). After the completion of the transition, Pediatrix will manage all newborn hearing screening services for Peloton hospitals. As part of the transition, Natus and Pediatrix have entered into a strategic agreement where Natus will provide its best-in-class ALGO screeners and supplies to Pediatrix to support its entire hearing screening business. Upon completion of this transition, Pediatrix will provide hearing screening services to over 500 U.S. hospitals. “We are pleased to partner with an industry leader like Pediatrix to carry on our pra
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