Zynex, Inc. announced that, effective January 27, 2021, Giuseppe Papandrea resigned as Chief Operating Officer of Zynex Medical, Inc., which was not as a result of any disagreements with the Company or its management. Effective January 27, 2021, the Board of Directors promoted Anna Lucsok, Vice President of Reimbursement to Chief Operating Officer and entered into an employment agreement with Ms. Lucsok. Since October 2019, Ms. Lucsok served as Vice President of Reimbursement and Sales Operations with Zynex Medical. From February 2018 to October 2019, Ms. Lucsok served as Zynex Medical’s Billing Manager. Prior to joining Zynex Medical, from October 2017 to February 2018, she worked in billing and business support for University of Colorado Hospital, and from November 2014 to October 2017, she served the U.S. Air Force mission support in Germany and Japan. In her position as the Vice President of Reimbursement and Sales Operations she was responsible for leading and expanding Zynex’s order, reimbursement, patient experience, and inside sales support operations.
Zynex, Inc. develops, manufactures, markets and sells medical devices used for pain management and rehabilitation, as well as non-invasive fluid, sepsis and laser-based pulse oximetry monitoring systems for use in hospitals. The Companyâs devices are intended for pain management to reduce reliance on medications and provide rehabilitation and increased mobility through the utilization of non-invasive muscle stimulation, electromyography technology, interferential current, neuromuscular electrical stimulation and transcutaneous electrical nerve stimulation. The Companyâs products include Zynex Medical Products, which includes NexWave, NeuroMove, InWave, E-Wave and M-Wave; Private Labeled Supplies, which includes Electrodes and Batteries; Distributed Complementary, which includes Comfortrac/Saunders, JetStream/Pain Management Technologies, LSO Back Braces and Bracing, and Zynex Monitoring Solutions Products, which includes CM-1500, CM-1600, NiCO CO-Oximeter and HemeOx tHb Oximeter.