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Tag: Sleep Nation


News

In brief: Apria ditches SEC reports, Invacare outsources IT

January 24, 2014HME News Staff

LAKE FOREST, Calif. - Apria Healthcare will no longer file reports with the Securities and Exchange Commission (SEC), according to a Form-8K dated Jan. 21. Apria was obligated to file periodic reports with the SEC pursuant to the terms of indenture governing the company's outstanding 12.375% senior secured notes due 2014. On Jan. 16, however, the company provided a notice of redemption for all of its notes and effected a satisfaction and discharge of the company's obligation under the indenture....

American Association of Breast Care Professionals, American Association of Diabetes Educators, American Orthotic & Prosthetic Association, Apria, Audits, Blood-Glucose Meters, Brian Borger, CERT, CPAP Care Club, Craig Weber


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Name changes for Sleep Nation, CPAP Care Club

January 23, 2014HME News Staff

NASHVILLE, Tenn. - Sleep Nation and CPAP Care Club have changed their names to Verus Healthcare to better reflect an expanding product portfolio that includes catheters and nebulizers. The new products are in response to customer feedback, according to a release. "Since we are now receiving well over a thousand patient satisfaction surveys per month, we are able to clearly see that our customers want us to provide a variety of products to them," said President Richardson Roberts in the release. "We...

CPAP Care Club, Sleep Nation, Verus Healthcare


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Specialty Providers

Sleep Nation, Sanomedics fuel market activity

September 24, 2013Theresa Flaherty, Managing Editor

MIAMI - Although the sleep space remains attractive, there hasn't been much buying and selling activity in recent months, say analysts, with a few exceptions.Leading the pack: Sleep Nation, which completed its 43rd acquisition in August. The provider, which formed in May 2012, accepted contracts nationwide in Round 2 of competitive bidding.“There's a growing number of focused sleep companies that don't really care at all about any of the other HME,” said Jonathan Sadock, managing partner...

CPAP, Sanomedics, Sleep Nation


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Sleep Nation makes 38th buy this year

August 30, 2013HME News Staff

NASHVILLE, Tenn. - Sleep Nation, Inc., is taking advantage of a changing market by continuing to make acquisitions. The CPAP provider announced Aug. 29 that it has made its 38th purchase this year and the 43rd since its inception in May of 2012. “We have invested significant resources into our platform's systems and now are starting to reap benefits as we spread our fixed costs over more and more orders,” stated CEO Richardson Roberts in a press release. The Franklin, Tenn.-based company...

Acqusition, Sleep Nation


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Sleep Nation launches live call service

May 17, 2013HME News Staff

NASHVILLE, Tenn. - Sleep Nation, a provider of CPAP supplies, has bundled its call center, insurance eligibility and fulfillment teams into a live call service for providers, according to a press release. The provider is pitching the services to other providers looking to increase their re-supply businesses. “Live callers perform better than automated options and provide for better patient communication and care,” stated Richardson Roberts, CEO of Sleep Nation, in the release.

CPAP, DME, HME, respiratory products, Sleep Apnea, sleep disorders, Sleep Nation


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Sleep Nation expands insurance contracts

February 11, 2013HME News Staff

NASHVILLE, Tenn. - Sleep Nation, a provider of continuous positive airway pressure (CPAP) equipment, is expanding its managed care contracts, according to a press release. The expansion is a result of consistent growth, which enables the company to be reimbursed by more health plans. “As Sleep Nation grows through acquisitions and internal growth initiatives, gaining full access to these patients through managed care contracting is critical,” stated Richardson Roberts, CEO of Sleep nation....

CPAP, CPAP Care Club, Sleep Nation


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Specialty Providers

Join the Club: Sleep Nation scales up

December 28, 2012Theresa Flaherty, Managing Editor

FRANKLIN, Tenn. - Sleep Nation in December rolled up the CPAP business of five HME providers—and that's just the beginning, says CEO Richardson Roberts.“We feel like we've got a good chance to have strong growth and be a significant player in the industry,” he said. “It's a great goal to be one of the top four or five companies in any industry, so essentially, that's our goal and we have a five-year plan to get us there.”The acquisitions are the first since Sleep Nation...

CPAP, Duckridge Advisors, Simplex Healthcare, Sleep Nation


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Sleep Nation buys five DME providers

December 11, 2012HME News Staff

FRANKLIN, Tenn. - Sleep Nation, a provider of CPAP equipment, recently acquired five DME companies, according to a press release. The move reflects the company's strategy of further expansion into the sleep apnea market through acquisitions, it stated. “These acquisitions will greatly increase our ability to service thousands of more CPAP patients nationally,” stated Richardson Roberts, CEO of Sleep Nation. “We partner with our acquisitions to provide them cash to grow their business.”

CPAP, Sleep Nation


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