Southern Home Medical Reports Record Oxygen Usage in APNEA Rx Division in the Second Quarter
Marketwire “Press Releases”
LYMAN, SC — (MARKET WIRE) — 06/28/11 — Southern Home Medical Equipment, Inc. (PINKSHEETS: SHOM), a holding company providing healthcare services, staffing and durable medical equipment to medical institutions, announced today expansion in its APNEA Rx durable medical equipment division.
Over the last quarter ending June 30th , APNEA Rx has achieved record oxygen usage among partner facilities principally driven by the expansion of programs within several existing clients. In addition, multiple new facilities were contracted, many of which began service in June and will continue into July of 2011. Adoption of the APNEA Rx brand has also been aided by the popularity of Respi-Care respiratory therapy program. Respi-Care provides specialized treatment for the millions of those suffering from sleep apnea, bronchodilator therapy, tracheostomy care and other respiratory illnesses.
“The new business growth within APNEA Rx is the result of the hard work of our staff and the integration of programs like Respi-Care across our affiliated holdings,”
said Jeff Sarvis , president and CEO of Southern Home.
“We anticipate APNEA Rx to sustain its organic growth through both increased market penetration and the adoption of broader service offerings that enable us to reach new patient populations. APNEA Rx confirms that the synergies between our businesses are being successfully deployed in the marketplace.”