Overall impact
B (71)

Commentary

Nuwellis is a strong overall performer. With a 'B' rating of 71.4 for overall impact (84th percentile compared to all companies), Nuwellis ranks 45th out of 155 industry peers, behind American Shared Hospital Services, Accuray, BioSig Technologies and 41 others, and ahead of Hologic, Avinger, Second Sight Medical Products and 107 others. On top material causes for Nuwellis's industry (Healthcare Equipment), Nuwellis performs well in Reduced Waste (91.3 score), Technology Innovation (92.3), Humane Treatment of Animals (81.1) and 4 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (23.2 score).
Impact
Cause NUWE
Peer rank
Overall impact

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Company
Founded
1999
Employees
38
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Equipment
SASB industry
Medical Equipment & Supplies
Headquarters
Mn, United States
Share classes
NUWE
Description
Nuwellis, Inc., a medical device company, develops, manufactures, and commercializes medical devices used in ultrafiltration therapy. The company offers Aquadex FlexFlow and Aquadex SmartFlow systems, which are used to treat patients suffering from fluid overload due to heart failure. Its Aquadex FlexFlow system includes a console, disposable blood circuit set, and disposable catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through specialty healthcare distributors in Austria, Belarus, Brazil, Colombia, the Czech Republic, Germany, Greece, Hong Kong, India, Indonesia, Israel, Italy, Panama, Romania, Singapore, Slovak Republic, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.
Material causes
Ethos considers the following causes material for Nuwellis, based on its industry sub-industry Health Care Equipment. Learn more about material causes in our methodology overview.

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