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Tag: Graymark Healthcare


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Graymark Healthcare lands new investor

November 14, 2012HME News Staff

OKLAHOMA CITY - Graymark Healthcare, a provider of diagnostic sleep services, has agreed to a new equity investment from Oklahoma Health Partners (OHP), according to a press release. OHP intends to purchase 1.4 million shares of Graymark's common stock for $650,000. The funds will be used to right-size the company, according to company officials. “We recently initiated a cost reduction plan that is expected to save the company approximately $2 million in 2013,” stated Stanton Nelson,...

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Graymark Healthcare's earnings up

March 29, 2011HME News Staff

OKLAHOMA CITY - It looks like Graymark Healthcare's renewed focus on sleep is paying off: Revenues increased 30% in 2010, the provider reported March 28. Revenues for the year ended Dec. 31, 2010 were $22.8 million up from $17.6 million in 2009. The increase is attributed to, among other things, added revenues from Graymark's acquisitions of Somni sleep centers in 2009. Revenues from the company's sleep diagnostic business increased 27%, to $17.2 million in 2010, compared to $13.5 million in 2009....

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Briefs: Liberator Medical's earnings soar

March 24, 2010HME News Staff

STUART, Fla. - Mail-order provider Liberator Medical reported revenues of $6.95 million for the quarter ended June 30, an increase of 184% compared to the same quarter a year ago. For the first nine months of 2009, revenue was $18.1 million, compared to $5.3 million, an increase of 242%. The company attributed the increase to an advertising campaign. Graymark makes regional buy OKLAHOMA CITY - Graymark Healthcare has acquired somniCare and somniTech, the company announced in August. The Overland...

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