Neuronetics and Transformations Care Network Announce Extended Commercial Partnership

Neuronetics, Inc

MALVERN, PA — Neuronetics, Inc. (NASDAQ: STIM) this week announced an extended commercial partnership with Transformations Care Network, one of the nation’s largest mental healthcare providers. Under the agreement, the Transformations Care Network will continue to expand upon its multi-state footprint of NeuroStar systems.

“We are very excited to be extending our commercial partnership with Transformations, a long-standing customer that is one of the country’s largest providers of mental health care,” said Keith J. Sullivan, President and Chief Executive Officer of Neuronetics. “With the continued increase in the number of Americans suffering from mental health disorders, it is critical that we do all we can to support our customers’ efforts to increase patient access to effective care. We look forward to continuing to be a foundational component of Transformations’ TMS solution.”

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“Finding the most effective treatment for a mental health condition looks different for everyone. TMS can be a highly successful tool for patients suffering from neurohealth disorders that are not responding to other evidence-based treatments,” said Brian Wheelan, Chief Executive Officer of Transformations. “We are thrilled to expand our relationship with Neuronetics, the leading provider of TMS devices, as we continue to grow our TMS offering and help more patients and their families find relief.”

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