Nox Health Acquires Somryst, the Only FDA-Cleared Digital Insomnia Treatment
ALPHARETTA, Ga. , May 25, 2023 (GLOBE NEWSWIRE) -- Nox Health, a global sleep health leader, has acquired Somryst, the first FDA-cleared Prescription Digital Therapeutic (PDT) that delivers effective, first-line treatment for adults with chronic insomnia. This acquisition deepens the Nox value-based healthcare programs, as it seeks to reframe sleep as a critical and powerful intervention strategy for chronic health conditions management.
“The acquisition of Somryst aligns seamlessly with Nox's mission of promoting science-based solutions that address chronic diseases through sleep care management. As an outcomes-driven company with ten years of real-world data, it was important for us to find a solution with equal depth in validation and outcomes data, thereby setting it apart from other CBT-I solutions,” said Sigurjon Kristjansson, CEO of Nox Health.
Insomnia is a highly prevalent complaint associated with significant adverse health outcomes. CBT-I is recognized as the treatment of choice, but it remains underutilized due to lack of therapists with adequate CBT-I expertise. By delivering CBT-I via a mobile application, Somryst offers health care providers a novel treatment delivery modality to enhance the treatment of chronic insomnia for patients who lack access to clinician-delivered CBT-I.
Use of Somryst durably improves insomnia symptoms in adults with chronic insomnia who do not have contraindicated sleep, medical, and/or psychiatric disorders. Pivotal study results show that over 40% of Somryst-treated patients no longer met criteria for chronic insomnia post- treatment, and over 60% demonstrated a clinically meaningful insomnia treatment response with no adverse events reported.
With outcomes that speak for themselves, Somryst represents a promising clinical modality for the treatment of adults with chronic insomnia who are receiving standard outpatient care.
Nox aims to bring Somryst to a wider audience, starting with its existing Enterprise client base and expanding to other opportunities throughout their business. This marks a major milestone in the Nox growth journey and will further scale their future success.
360training Acquires ACLS Medical Training & Safety Provisions - Extending Healthcare & EHS Offerings
AUSTIN, Texas, May 19, 2023 /PRNewswire/ -- 360training, a leading online regulated training provider, has acquired ACLS Medical Training and Safety Provisions (owners of the brand Hard Hat Training), two well-respected providers of medical training and workplace safety, respectively. Through these acquisitions, 360training will accelerate it's goal of helping to provide safer, more productive work environments that protect employees and customers, benefiting everyone.
By integrating the content and expertise of ACLS Medical Training and Safety Provisions into its existing platform, 360training will provide learners with an even more comprehensive range of courses and certifications across multiple industries. Tom Anderson, CEO of 360training, explains what drew him to these companies:
"We are excited to welcome ACLS Medical Training and Safety Provisions to the 360training family. Their expertise in workplace safety and medical training complements our existing offerings and strengthens our position as a leading provider of online training solutions."
The acquisitions are part of 360training's strategic growth plan to expand its course offerings and reach more learners across different industries. "Our mission at 360training is to help improve, inform, and maintain the condition, health, and safety of all workers, and our passion is universal. The acquisition with ACLS and Safety Provisions will aid us in reaching more workers than ever before," adds Samantha Montalbano, COO Health and Safety Advocate of 360training.
With a more extensive course catalog and a wider range of certifications, the company is well positioned to help learners across multiple industries achieve their professional goals and meet regulatory requirements. 360training is supported in it's growth initiatives through the strategic equity partnership with GreyLion Partners LP and Vestar Capital Partners.
Why Choose Safety Provisions?
360training acquired Safety Provisions mainly because the same goals fundamentally drive the two companies. They share the mission of reducing workplace accidents and fatalities by providing easily accessible, high-quality online safety training solutions.
In addition, all Safety Provisions courses are:
- OSHA Compliant
- User Friendly
- 100% Online
- Affordably Priced
Why Choose ACLS Medical Training?
ACLS Medical Training's online courses are crafted with the same care and attention to detail that 360training demands for all its courses. By acquiring ACLS Medical Training, 360training adds to its library of healthcare courses, with the additions of the following courses for medical professionals:
- Advanced Cardiovascular Life Support
- Basic Life Support
- Pediatric Advanced Life Support
- Neonatal Resuscitation Program
About Safety Provisions
Safety Provisions, Inc. is dedicated to improving workplace safety through comprehensive training and promoting an engaging safety culture. The company is best known for establishing the brand Hard Hat Training. With a vision to eliminate accidents and fatalities in the workplace and an elite team of EHS experts, Hard Hat Training offers instruction and training resources to companies of all sizes.
About ACLS Medical Training
ACLS Medical Training empowers individual paramedics, nurses, physician assistants, nurse practitioners, and physicians to improve safety in hospitals. Their goal is to teach medical professionals in an innovative learning experience that helps to enhance the systems of care that save lives.
Hennepin Partners acted as ACLS Medical Training's exclusive advisor through this acquisition.