SANDWICH, MA – America’s HealthCare at Home, Cape Medical Supply, and Health Complex Medical recently merged to form Spiro Health. The new venture amounts to a big bet on the future of sleep medicine, with an avowed mission to focus on “total sleep health and wellness.”
“Sleep is the literal cornerstone of total health,” says Gary Sheehan (pictured), head of Cape Medical and newly appointed CEO of Spiro Health. “I’m a CPAP user myself, and I’ve seen the benefits firsthand.”
The combined entities that make up Spiro Health will have operations across seven states and the District of Columbia, specifically Connecticut, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island, and Virginia. Each company will continue to operate under its existing name in each of its local markets but under the umbrella of Spiro Health.
All three companies are involved in the respiratory market—oxygen and ventilation, with approximately 70% of revenues coming from sleep therapy. Sheehan views the sleep industry as a big tent that’s only getting bigger, and he has no interest in the turf wars that occasionally skew the patient experience within sleep.
“For example, we’ve always had the opportunity to be involved in sleep diagnostic work for non-government payors, but we believe that’s an affront to our referral partners,” says Sheehan, recipient of the 2017 Van Miller Homecare Champion Award. “That is their space and expertise and not a toe that we want to step on. We can build partnerships and make it an efficient patient experience. Sometimes that means providing information about things you don’t sell.”
“HME providers operate in such a critical position in the care continuum between patient, physician, and payor,” says Mark Kassir, president and CEO of America’s HealthCare at Home and newly appointed president (Mid-Atlantic) of Spiro Health. “Our goal in everything we do is to reduce the pain point for referral sources and patients and make their lives easier in the path toward better health and wellness.”
“The team at Health Complex Medical is excited to join forces with two high quality organizations to bring together more than 175 team members who are focused on building a national organization committed to providing an elevated level of service and products delivered to patients in the home. This is just the first step in our path to organic and acquisition growth,” adds Jack Hogan, president and CEO of Health Complex Medical and newly appointed president (New England) of Spiro Health.