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2011年4月24日 星期日

Graymark healthcare reports record January resupply orders, 225%

OKLAHOMA city, 22 February 2011/PRNewswire/--Graymark health Inc. (Nasdaq: GRMH-News), the nation's second largest provider of services for diagnostic sleep and innovator in the comprehensive care of those sleep apnea (Through), carried out 225% year over year increase of patients resupply shipments in January, entry level, which is typically a slow month.


In January Graymark shipped 659 re-supply parts connected with their machines for continuous positive airway pressure (CPAP) and also realized an increase in the number of sleep studies, carried out through programmes increased margin of terrain. The number of settings for the sleep therapy, also increased from January 2010.


The re-supply part of Graymark business is a recurring revenue model. Patients, according to their devices, CPAP receive four deliveries of the constituent parts of the year.


Of Graymark effectively five clinical approach to the management of sleep disorders includes convenient referral process, accurate and timely assessment, diagnosis, treatment and long-term tracking can increase patient compliance. All steps shall be managed by a board certified sleep medicine doctor. By more fully integrating the processes of diagnosis and treatment, Graymark significantly improved patient compliance with CPAP care and overall management of the disease.


"This entry January demonstrated the moment of our model of comprehensive care," says Stanton Nelson, Chairman and CEO of Graymark healthcare. "The increasing rates of CPAP time contracts and higher margin agreements are key barometers that show we successfully provide timely and high quality sleep management programmes".


"We improved our platform measures the Board regardless of January is usually the most difficult because of the patient deductibles," adds Nelson. "These results to our Benchmark and verification of the continued success of our strategy of organic growth of fast-growing market for management of sleep".


Graymark is also expected to benefit from strengthening the entire market for disorder of sleep. 2010 Frost & Sullivan studies cost estimates for sleep apnea products to grow at a compounded rate of 13% and amounted to 5.3 billion dollars by 2014.


Graymark healthcare for


In Oklahoma City, Okla., Graymark Healthcare Inc. (Nasdaq: GRMH-News) is the second largest provider of "solutions for management of sleep. In addition to the diagnosis and treatment of more than 80 sleep disorders, the company specializes in comprehensive care of those Sleep Apnea (Through). Graymark offers its services through 98 dream laboratories in the United States, including the autonomous or facilities of the IDTF, rural terrain sites and a hospital or provider agreements. For more information, visit www.graymarkhealthcare.com.


Important warnings on forward looking statements


This press release may contain forward-looking statements that are based on current expectations, forecasts and assumptions of the company. Forward-looking statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from expectations, forecasts and assumptions of the company. These risks and uncertainties include risks and uncertainties not in control of the company, including, without limitation, the current economic climate and other risks and uncertainties, including enumerated and described in the company's filings with the Securities and Exchange Commission, which filings are available on the SEC website at www.sec.gov. Unless otherwise required by law, company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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2010年12月25日 星期六

Graymark Healthcare to focus on the treatment of obstructive sleep Apnea

SleepApneaDisorder/[Press Release]/OKLAHOMA CITY/Graymark Healthcare, Inc. has been concluded previously announced the sale of substantially all the assets of its retail pharmacy ApothecaryRx is Walgreens co. ApothecaryRx operated 18 pharmacies in five States.

Transaction allows you to concentrate on their main activity in the provision of comprehensive care for sleep disorders, especially obstructive sleep apnea, including diagnosis, therapy, and ongoing support of the clinical and product Graymark.

"Millions of Americans suffer from obstructive sleep apnea and many are not aware they have a problem, or that is available in their communities," said Stanton Nelson, Chairman and CEO Graymark health care. "As a pure play of sleep disorders, the company has focused mainly on the obstructive sleep apnea, we believe that it is better able to Graymark help people sleep better."

The first model of comprehensive country Graymark care for patients with obstructive sleep apnea in 2009 and expanded into one of the nation's largest aggregators sleep therapy providers.

"Given our substantially better balance of sale, we are ideally located on the our plans to expand through acquisition of treatment centres, as well as through the development of alliances with other hospitals and other healthcare providers," added Nelson. "Rapidly growing sleep apnea market offers us the opportunity for significant growth and margin expansion."

The sale was made up of Walgreens substantially all of the assets of ApothecaryRx 25.5 million USD, plus approximately $ 3.8 million of inventory. Graymark is expected that the net proceeds of approximately US $ 33 million from the divestiture is completed, including the collection of accounts receivable, and retained the proceeds of the liquidation of the remaining assets ApothecaryRx.

Healthcare investment banking group Morgan Joseph served as financial advisors, LLC to Graymark in this transaction with Greenberg Traurig LLP and Commercial Law Group, P.C. serving as legal advisor to the company Graymark.

About Graymark Healthcare

Graymark Healthcare, Inc. is the nation's second-largest provider of sleep medicine diagnosis and treatment. Graymark owns and operates the Centre, which can be considered diagnostic sleep a variety of sleep disorders and operated by the supply of medical equipment which provides one-time and permanent medical facilities.

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