BNET Industries
Market Cap:$107.1M
Last Fiscal Year Sales:$165.9M
- Public
- US
Dow Jones Description
HealthTronics® is a urological products and services company that offers a comprehensive range of diagnostic and therapeutic solutions to physicians, hospitals, surgery centers and clinics. As a service provider, the company annually manages the scheduling, clinical service delivery, billing and accounting of over 60,000 lithotripsy and prostate procedures through a nationwide physician partner network. Its product portfolio includes a lithotripter, surgical laser for treatment of BPH, and anatomical pathology services under the brand name ClariPath Laboratories. All of their products, as well as most competitors? products, including imaging tables are serviced and maintained by a highly experienced field service organization that has engineers located across the entire United States.
President & CEO
James WhittenburgNumber of Employees 550
Contact Information
1301 S. Capital of Texas Highway
Suite 200B
Austin, Texas 78746
(512) 328-2892
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
Recent Events
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HealthTronics, Inc. Announces Third Quarter Results, Positive Contribution From Endocare; Richard Rusk Appointed Chief Financial...
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HealthTronics, Inc. Announces Second Quarter Results -- Growth in Revenue, Financial Guidance Offered
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HealthTronics completes acquisition of Endocare
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HealthTronics Chooses Epicor®
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Small Deals, Big Issues
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Galil Medical Ltd. Sues HealthTronics for Interfering with the Galil/Endocare Merger Agreement
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China Medical Technologies Announces Selected Unaudited Preliminary Financial Results for the Fourth Fiscal Quarter and...
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HealthTronics and Endocare sign merger agreement
News & Analysis
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healthtronics inc. - All News and Analysis
HealthTronics Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator We’ll take our first question from David Macdonald at Suntrust. David Macdonald - Suntrust Good afternoon guys. I have a hand full of questions. Ross just a couple of housekeeping questions first. The 900,000 and the 403,000 restructuring, how is the 900,000 thousand booked? If...
OTCNetStocks.com announces the inclusion of HealthTronics Inc. to its Focus 30 Model Portfolio.
M2 PRESSWIRE-28 November 2000-OTCNetStocks.com: OTCNetStocks.com announces the inclusion of HealthTronics Inc. to its Focus 30 Model Portfolio C1994-2000 M2 COMMUNICATIONS LTD RDATE:28112000 Orlando, FL -- OTCNetStocks.com, an online publication of Stock News Media Corp. announced today that HealthTronics...
HealthTronics, Inc. Enters Veterinary Market Through Agreement With Shock Waves, Inc
Business Editors MARIETTA, Ga,--BUSINESS WIRE--March 23, 2000 HealthTronics, Inc. (NASDAQ:HTRN) has entered into an agreement with Shock Waves, Inc., to introduce the EquiTronTM into the United States. The EquiTron is a veterinary extracorporeal shock wave therapy system VESWT designed specifically for the treatment of animals....
HealthTronics, Inc. Approved for Listing On National Nasdaq Market
MARIETTA, Ga.--BUSINESS WIRE--Nov. 12, 1999-- HealthTronics, Inc. announced today that it has been moved up and approved for listing on the National Nasdaq Market and will begin trading on Monday, November 15, 1999. With this new listing the HealthTronics ticker symbol will change from HTRO to HTRN. HealthTronics is...
HealthTronics, Inc. Announced Today that it has Begun Trading on the NASDAQ Bulletin Board
MARIETTA, Ga.--BUSINESS WIRE--Oct. 20, 1999-- HealthTronics, Inc. (OTCBB:HTRO) announced today that it has begun trading on the NASDAQ Bulletin Board under the symbol HTRO. Stern, Agee, and Leach, Inc. is acting as the primary market maker for HealthTronics, Inc. In other news, HealthTronics announced that it has...
HealthTronics, Inc. Announced Today that it has Filed for NASDAQ Listing
MARIETTA, Ga.--BW HealthWire--Aug. 30, 1999-- HealthTronics, Inc. announced today that it has completed its IPO, which brought into the company approximately 400 new shareholders. The Company also officially applied for a NASDAQ listing. In other news, HealthTronics announces that it has received the first orders for the LithoTronR...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| James Whittenburg | President & CEO |
| Ross A. Goolsby | Cfo & Senior Vice President |
| Richard Rusk | Treasurer, Controller, Secretary & Vice President |
| Mark G. Yudof | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| R Steven Hicks | Chairman |
| Argil J. Wheelock | Board of Directors |
| Donny R. Jackson | Board of Directors |
| Kenneth S. Shifrin | Vice Chairman |
| Kevin A. Richardson | Board of Directors |
| Perry M. Waughtal | Board of Directors |
| Timothy J. Lindgren | Board of Directors |
Mr. Whittenburg was appointed President and Chief Executive Officer in August 2007. Previously Mr. Whittenburg served as President of our Urology Division, a post he held beginning in June 2006. Prior to this time, he served as President of our Specialty Vehicle Manufacturing Division from December 2005 until its sale in July 2006 and was our General Counsel and Senior Vice President–Development from March 2004 until June 2006. Previously Mr. Whittenburg practiced law at Akin Gump Strauss Hauer & Feld LLP, where he specialized in corporate and securities law. Mr. Whittenburg is also a CPA.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | President & CEO | Current |
| HealthTronics, Inc. | Board of Directors | Current |
| HealthTronics, Inc. | President, Urology Services Division | Former |
| HealthTronics, Inc. | General Counsel, Senior Vice President, Development & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Cfo & Senior Vice President | Current |
Mr. Rusk joined HealthTronics in August 2000 as Corporate Controller and was named Vice President in June 2002. In June 2006, Mr. Rusk was named Treasurer and in September 2006, he also became the Company's Secretary. Prior to joining HealthTronics, Mr. Rusk, a CPA, was with KPMG LLP for approximately seventeen years, the last ten as a senior audit manager.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Treasurer, Controller, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BLUM Capital Partners, L.P. | Partner | Current |
| HealthTronics, Inc. | Chairman | Current |
| Cpo Commerce, Inc | Board of Directors | Current |
| Capstar Partners, LLC | Founder | Former |
| Tudor Investment Corporation | Analyst | Former |
| Capstar Partners, LLC | Chairman | Former |
| NYSE Group, Inc. | Chairman | Former |
| Amfm, Inc. | Vice Chairman | Former |
Dr. Wheelock is a founding director of HealthTronics Surgical Services, Inc. He has served as a director since 1996 and is the former Chairman. In March 2006, Dr. Wheelock was appointed Chief Medical Advisor to HealthTronics. From 1979 until 1996, Dr. Wheelock was a practicing, board-certified urologist in Chattanooga, Tennessee. While in practice, he was engaged as a consultant by various public companies. Dr. Wheelock returned to the practice of urology in 2005.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Board of Directors | Current |
| HealthTronics, Inc. | Chairman | Former |
Mr. Jackson has served as a director of the Company since January 2003. Since 2002, Mr. Jackson has served as the Director of the Technical Services Group of InterCept, Inc., a publicly traded company that provides technology, products and services to financial institutions. Prior to this he served as: President and Chief Executive Officer of Netzee, Inc., a publicly traded company providing integrated Internet banking and e-commerce products and services to financial institutions, from 2000 to 2002; President and Chief Operating Officer of The Intercept Group, Inc., from 1996 to 2000; Chief Executive Officer of Provesa, Inc., a data processing and check imaging services company, from 1993 to 1996; Chief Executive Officer of Bank Atlanta, from 1990 to 1992 and Chief Financial Officer, from 1988 to 1990; and Audit Manager at Evans, Porter, Bryan, from 1986 to 1987; and Audit Partner at Womble, Jackson, Gunn, from 1978 to 1986. Mr. Jackson has served on the Board of Directors of Intercept, Inc. and Bank Atlanta.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Board of Directors | Current |
Mr. Shifrin has served as a director since 1989, first with Prime Medical Services and later, after the merger, with HealthTronics. Mr. Shifrin is currently the Chairman of the Board and Chief Executive Officer of American Physicians Services Group (NASDAQ: AMPH). In June of 2003, he became a director of Financial Industries Corporation (NASDAQ: FNINE), a Texas-based insurance company.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Vice Chairman | Current |
| HealthTronics, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Ucop | President | Current |
| Metro Tag & Label Co., Inc. | Chancellor | Current |
| HealthTronics, Inc. | Director | Current |
| The American Law Institute | Board of Directors | Current |
| The American Law Institute | Member | Current |
| University of Minnesota | President | Former |
| University of California | President | Former |
| University of Michigan | Professor | Former |
| The University of Texas at Austin | Administrator | Former |
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Board of Directors | Current |
Mr. Lindgren has served as a director of the Company since January 2003. Prior to his retirement in the fall of 2008, Mr. Lindgren was a senior vice president for Hyatt Hotels & Resorts, overseeing the management and operations of 24 Hyatt hotels in 10 states. Throughout his 33-year career with Hyatt, Mr. Lindgren held a variety of management positions including general manager of several Hyatt Regency hotels. Currently, Mr. Lindgren provides consulting services through his own business, The Lindgren Group LTD.
| Organization | Position | Status |
|---|---|---|
| HealthTronics, Inc. | Board of Directors | Current |
Executive News
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Honorary degrees for war internees
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UC to honor Japanese-American WWII internees
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UC to honor Japanese-American WWII internees
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UC awards honorary degrees to WWII Japanese Americans
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UC approves pay cuts, furloughs; will honor Cal Grants
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University committee votes for worker furloughs
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UC regents panel approves employee furloughs lasting 11 to 26 days
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UC system: layoffs, not pay cuts
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Cut professors, not salaries
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UC panel approves 11 to 26 furlough days for employees
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U. of Calif. committee votes for worker furloughs
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Regents panel approves UC furlough plan
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U. of Calif. committee votes for worker furloughs
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Unionized workers rally outside UC president's Oakland home to protest proposed cuts
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UC proposes furloughs to close budget gap
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UC proposes furlough plan for employees to help close $813-million gap
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UC's mission re-examined as president urges furloughs, cuts and possibly more fee hikes
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University chief proposes furloughs to cut costs
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UC president reveals details of furlough plan
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University chief proposes furloughs to cut costs
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