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Zynex Inc
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Zynex Inc creates medical devices that help manage pain and assist with physical therapy. Their products use electrical stimulation to reduce pain and monitor blood flow for patients recovering from injuries or surgeries. They make money by selling these devices to physical therapy clinics, hospitals, and directly to patients, with much of their revenue coming through insurance company reimbursements for medical equipment.
The healthcare industry is increasingly focused on non-addictive pain management solutions as concerns about opioid addiction grow. Companies that provide alternative treatments like electrical stimulation and monitoring devices are seeing increased interest from both medical providers and insurance companies looking for effective, non-pharmaceutical options.
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