Sleep Nation, Inc. Expands Its Insurance Coverage For Patients
NASHVILLE, Tenn., Feb. 11, 2013 /PRNewswire/ -- Sleep Nation, Inc., a national provider of continuous positive airway pressure equipment (CPAP), today announced a major expansion in its insurance coverage for patients. Being able to be reimbursed by more health plans expands the company's ability to provide valuable services to patients.
"As Sleep Nation grows through acquisitions and internal growth initiatives, gaining full access to these patients through managed care contracting is critical", said Richardson M. Roberts, CEO of Sleep Nation. "With many DME's projected to go out of business due to Medicare's competitive bidding program, patients run the risk of having difficulty finding a provider who is in-network with their insurance." Rich Roberts added, "Since our purchase of CPAP Care Club, LLC in May 2012, our Managed Care Department has added 50 new health insurance contracts providing access to an additional 40 million lives nationally."
"We have a lower cost method of delivery that is really easy for the patient to use. We take over the medical paperwork requirements that are required, file with the patient's insurance and deliver the product to their door," said Rich Roberts. "With these insurance relationships, Sleep Nation can service the patient as a participating provider, the patient has a company that engages in their respiratory therapy and the insurance carrier has a patient who is actively using their CPAP machine properly while lowering long term medical costs for patient care."
About Sleep NationSleep Nation, Inc. is a health care supply company located in Franklin, TN specializing in patient care for sleep apnea. We provide patient mail order services to thousands of Continuous Positive Air Pressure (CPAP) patients throughout the U.S. for their replacement supplies through our national call center. Sleep Nation, through our wholly owned subsidiary, CPAP Care Club, LLC, is one of the few national companies that is licensed in all required states and we have managed care contracts covering all 50 states and over 166 million patients in the United States. To learn more about the company please visit www.sleep-nation.com. SOURCE Sleep Nation, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV