Verus Healthcare Adds Its Largest Health Plans and Acquisition

NASHVILLE, Tenn., Feb. 11, 2014 /PRNewswire/ -- Verus Healthcare, Inc., formerly Sleep Nation, announced today that it is now in-network with one of the largest health plans in the country and the largest Blue Cross Blue Shield plan.  At the same time, Verus Healthcare recently completed its largest acquisition to date bringing its total acquisition count to 64.  Verus Healthcare nearly tripled its number of customers in 2013 and it sees that trend continuing through its expanded product offering.

"As Verus Healthcare grows through acquisitions and internal growth initiatives, gaining full access to service more patients by being in-network with health plans is critical," said Richardson M. Roberts, CEO of Verus Healthcare.  "We received over 1,400 surveys last month and 99.2% of our patients said they will use us again which we believe makes us an industry leader and health plans value this.  As we expand into nebulizers and catheters, we can provide a better experience for all of our health plan members."

A significant investment in its software platform has enabled Verus Healthcare to distinguish itself as a service leader and the company has benefitted by gaining access to 26 Blue Cross Blue Shield plans across the country. "Our proprietary software platform has enabled us to deliver unparalleled service to our patients in a timeframe when patient access is challenged by higher deductibles and competitive bidding.  We believe this trend will continue to benefit those companies who provide high levels of service in a low cost provider market." said Roberts.  

"We believe we are the first in the durable medical equipment industry to automate the insurance eligibility process down to instant co-pay calculations and use barcodes to automatically read and interpret documentation received from physicians.  We will continue to invest in software because nothing is more important to us than the quality of care that we provide to our patients."

Verus is from the Latin word for "truth", "integrity" and "trust" and is a corporate name that Roberts thinks fits the company's culture well.  "We changed our name in January from Sleep Nation because we are expanding beyond sleep apnea products due to customer input," said Roberts.  "Our employees love the name because of what it represents and as a result, our corporate vision is to uplift patient care to another level."

About Verus Healthcare

Verus Healthcare, Inc. is a health care supply company located in Franklin, TN specializing in respiratory, urological and other medical supplies.  The Company provides direct to patient services to tens of thousands of patients throughout the U.S. for their medical supplies through its national call center.  Verus Healthcare is one of a very select group of companies to win Medicare competitive bid contracts in all 50 states for its products and the Company has managed care contracts covering all 50 states and over 200 million patients in the United States. To learn more about the company please visit www.verushealthcare.com.

CONTACT: Emmet Seibels, 615-921-7026

SOURCE Verus Healthcare, Inc.