PDSHeart moves aggressively into the Northeast for cardiac testing by acquiring part of TransMedEx

West Palm Beach 16 June 2004PDSHeart Inc., specialized in the delivery of cardiac telemedicine, has acquired the cardiac event, holter and pacemaker monitoring business of TransMedEx LLC, of Long Island, New York. The move continues PDSHeart's expansion of its cardiac monitoring services in the Northeast, combining its commitment to quality and technological expertise with the long-standing reputation of TransMedEx for premium remote cardiac monitoring services.

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Founded in 2000, PDSHeart is the first telemedicine company to be accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) and a major provider of cardiac event monitoring services. It provides physician-prescribed remote and ambulatory care monitoring of non-symptomatic and symptomatic arrhythmia detection via landline, cellular telephone and the Internet. PDSHeart's WebHolter is the industry's first Web-based digital Holter monitoring system.

Since 1997, TransMedEx has provided arrhythmia-monitoring services to physicians and their patients in the New York and New Jersey area. Sean Heyniger, PDSHeart president and CEO, stated: "TransMedEx's track record in delivering the high level of service demanded by its referring physicians is consistent with the PDSHeart model and the standards we set as industry leaders."

Sean Heyniger added that remote monitoring of cardiac data is becoming the standard of care in arrhythmia detection. Physicians continue to outsource to PDSHeart because of its sophisticated monitoring technology, consistently high levels of service and easy on-line access to patient results in near real time.

"PDSHeart's approach is well in line with the solid reputation earned by our outstanding team of cardiac specialists", TransMedEx CEO Steve Seltzer stated. "This alignment creates exciting opportunities for our customers. With PDSHeart's technology, infrastructure and expanded product portfolio, including its easy to use WebHolter monitor, physicians will be able to respond faster to potential cardiac problems."

Sean Heyniger stated that PDSHeart will continue to expand through acquisitions in major markets. Steve Seltzer added that privately held TransMedEx will continue to provide mobile ultra sound, medical equipment sales and vestibular testing services to clients. He said the proceeds of the sale will be used to expand its current product lines.

"The community deserves better sleep study care. Currently it takes up to six months to get a sleep study done at the hospital", Steve Seltzer noted. "TransMedEx will operate a sleep study lab with a 24-hour service guarantee. The physicians who currently use our vestibular studies will have access to the same quality in rapid response for sleep apnea."

PDSHeart's state-of-the-art monitoring centres in West Palm Beach, Florida and Conyers, Georgia, will service TransMedEx clients. Overall, PDSHeart services 6000 clinics, 18.000 doctors, and 250 hospitals across the country. More news on PDSHeart is available in the VMW September 2003 article Timely detector of home patients' heart problems PDSHeart acquires Navix Diagnostix Cardiac Event Monitoring Division


Leslie Versweyveld

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