Woodland Hills’ Endonovo Therapeutics has partnered with SunMed, a medical equipment distributor and claims company in Valencia, to distribute medical devices.
Endonovo, which makes electrical medical devices, selected SunMed to expand distribution and enable medical providers, facilities and patients to receive further medical reimbursement from health insurers, according to Alan Collier, chief executive for Endonovo.
“This well-established health care company brings to our relationship over 17 years of experience and expertise serving the needs of patients with their personal in-home services,” said Collier. “They have designed a system to simplify the upfront order process by connecting directly to customer service agents to work with therapists and to guide patients through the ordering and claims process.”
SunMed holds more than 200 insurance contracts and is a Medicaid provider in more than 20 states. The Valencia company is recognized for its services focused on negative pressure wound care, light therapy, external cochlear sound processors and mastectomy.
Shares of Endonovo (ENDV) closed Wednesday at 18 cents on the over-the-counter market.