Neuronetics Flat on Opening New Facility

Neuronetics, Inc. (NASDAQ: STIM) announced the grand opening of Greenbrook Mental Wellness Centers’ National Center of Excellence in Rockville, Maryland. Overseen by Neuronetics’ CEO Geoffrey Grammer, the nearly 7,000-square-foot facility is the largest Greenbrook center to date and reflects a significant investment in the future of interventional psychiatry, serving as a national blueprint for advanced, patient-centered mental health care delivery.
Neuronetics says it is investing in the future of mental health care through a National Center of Excellence designed to expand access to advanced treatment options, accelerate clinical innovation, and improve patient outcomes.
The new facility was intentionally designed to address the growing need for effective in-office treatment solutions for patients living with depression and other psychiatric conditions that are not adequately treated with first-line therapies.
“The Rockville Center of Excellence is more than a new facility; it is a blueprint for the future of interventional psychiatry,” said Greenbrook Executive Vice President Cory Anderson.
“By bringing together clinical innovation, advanced treatment options, and a patient-centered model of care, we are building a scalable approach to delivering interventional psychiatry and positioning Greenbrook to lead the field with the launch of innovative new treatment modalities.”
STIM shares slumped two cents, or 1.1%, to $1.79.

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