Tag: Verus Healthcare
Scholarly approach: Keys to financial stability
November 30, 2018Tracy Orzel
BRENTWOOD, Tenn. - Olivia Patton, chief compliance officer for Verus Healthcare, recently wrote a dissertation analyzing the financial stability of a Medicare respiratory contract supplier.HME News spoke to Patton about her findings and how HME providers can remain in business despite reimbursement cuts.HME News: Why did you choose to research this topic?Olivia Patton: DME providers are going out of business left and right, and what I wanted to know is, how do you actually stay financially...
In brief: Sunrise Medical makes buy, U.S. Rehab supports outcomes tool
May 8, 2015HME News Staff
FRESNO, Calif. - Sunrise Medical has strengthened its presence in the high-end sports wheelchair market by acquiring RGK Wheelchairs. “The attractive and innovative RGK daily chair lines add an additional facet and choice to Sunrise's own Quickie and Sopur premium active wheelchair product brands,” the company stated in a press release. The U.K.-based RGK was founded in 1988. It develops, designs, manufactures and distributes high-end, fully tailor made, court-sports and basketball wheelchairs....
Verus Healthcare grows 1,000%
May 5, 2015HME News Staff
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...
In brief: Verus rolls up sleep biz, Hoveround ups certification
July 18, 2014HME News Staff
NASHVILLE, Tenn. - Verus Healthcare has acquired its 85th CPAP business, it announced last week. The provider, which holds competitive bidding contracts nationwide, now serves more than 40,000 patients and processes 10,000 new orders per month, according to a press release. Verus, formerly Sleep Nation, got its start in sleep when it acquired CPAP Care Club in 2012 and used it as a platform to roll up other businesses. "When we bought this platform two years ago, attrition among the patient base...
Verus rolls up sleep business
July 16, 2014HME News Staff
NASHVILLE, Tenn. - Verus Healthcare has acquired its 85th CPAP business, it announced today. The provider, which holds competitive bidding contracts nationwide, now serves more than 40,000 patients and processes 10,000 new orders per month, according to a press release. Verus, formerly Sleep Nation, got its start in sleep when it acquired CPAP Care Club in 2012 and used it as a platform to roll up other businesses. "When we bought this platform two years ago, attrition among the patient base was...
Sleep Nation transitions to Verus
February 14, 2014Theresa Flaherty, Managing Editor
FRANKLIN, Tenn. - Sleep Nation and CPAP Care Club have a new name and a new plan.In January, the companies announced they would change their names to Verus Healthcare, and they plan to add catheters and nebulizers to their product offerings.“We were pretty good just specializing in CPAP supplies but we got so many requests, it just kind of made sense,” said Rich Roberts, CEO. “It's difficult to ship a wheelchair through the mail but not the things we are talking about.”Sleep...
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...