New Management Team and Strategic Initiatives
Zynex, Inc. has recruited a new management team and added new directors to the board, focusing on turning the company around. This includes new leaders in sales, legal, compliance, regulatory, HR, and billing, and a strategic marketing position.
Focus on Compliance and Integrity
The company has engaged in proactive discussions with government agencies and investigators to foster a future centered on compliance and integrity. A new resupply order fulfillment policy has been implemented, improving patient interaction and response.
Improved Sales Productivity
Efforts to improve sales productivity include simplified commission plans and enhanced technology for sales reps. These changes have stabilized order volumes, even with a reduced sales force.