Verus Healthcare grows 1,000%
NASHVILLE, Tenn. – Verus Healthcare has grown its CPAP business by 1,000% in three years, the company announced this week. Verus, which entered the market in 2012 when it acquired CPAP Care Club, now serves the resupply needs of about 50,000 patients, processing nearly 14,000 new orders per month. “When we bought this company three years ago, the systems and processes weren’t in place to scale,” stated Richardson Roberts, CEO of Verus. “We’ve invested $1.5 million developing our proprietary software called SNAP and built a highly experienced management team. The results have been excellent, but we still have a lot of runway in front of us.” So far, Verus has purchased assets from more than 100 DME companies throughout the U.S. and says, “deal flow continues to be strong” as the industry consolidates.