Sleep Apnea Markets Archives

transcend cpap deviceSleepApneaDisorder/[Press Release]/MINNEAPOLIS/New Transcend® CPAP offers peace of mind for travelers with sleep apnea and fits in the palm of your hand

An innovative new product called Transcend® is providing peace of mind for travelers with sleep apnea. Transcend is the world’s smallest, lightest, and most portable continuous positive airway pressure (CPAP) and battery system and is made by Somnetics International Inc., the Minneapolis-based innovator of sleep apnea products.

Transcend offers reliable sleep apnea therapy for campers, over-the-road drivers, business travelers, and people who vacation on cruise ships, boats, motorcycles or are frequently in an airplane. And because it is the most portable and compact CPAP system in world, Transcend is easy to transport and use with or without a direct power source. Weighing about one pound, Transcend can fit in the palm of your hand and is about the size of a soda can. Read the rest of this entry

Vanda’s Tasimelteon Could Help Sound Sleeping

Not everyone is lucky enough to enjoy the life’s simple pleasure, a good night’s sleep.
It is estimated that at least 40 million Americans suffer from chronic or long-term sleep disorders, and an additional 20 million experience occasional sleeping problems. Obstructive sleep apnea, insomnia, restless legs syndrome and narcolepsy are some of the most common sleep disorders.
A chronic and little-known sleep dysfunction, mostly observed in blind people, is non-24-hour sleep-wake disorder, also known as N24HSWD, which results in symptoms of insomnia and/or excessive sleepiness.
This debilitating circadian rhythm sleep disorder affects individuals who are unable to synchronize their internal body clock to the standard 24-hour light-dark cycle, and therefore they do not necessarily associate night with sleep, and day with being awake. The chronic sleep deprivation due to N24HSWD may lead to impairment in daily functioning, social interactions, school and work performance, and increases the risk for accidents. Read the rest of this entry

SleepApneaDisorder/OKLAHOMA CITY/ Press Release/ Graymark Healthcare, Inc. the nation’s second largest provider of diagnostic sleep services and an innovator in comprehensive care for obstructive sleep apnea (OSA), announces an equity investment.

A newly formed entity, Oklahoma Health Partners (OHP), announced their intent to purchase 1,444,445 shares of common stock of Graymark Healthcare (GRMH) for $650,000 at $0.45 per share. The transaction is expected to close no later than November 14, 2013.

Oklahoma Health Partners is managed by Mr. Mike Horrell.  Mr. Horrell is a significant investor in numerous health care related companies and health care real estate projects. Read the rest of this entry

Sleepapneadisorder/Press Release/New York, NY /While many oral appliance manufacturers from the US to Australia are experiencing cut backs and declines in revenue, New York based oral appliance company, Respire Medical continues to find growth in the fabrication of oral appliances used in the dental treatment of snoring and sleep apnea. Respire Medical continues to grow through partnerships and alliances including; appliance licensing, European expansion, and dental continuing education seminars with Sleep Group Solutions.

Respire Medical has consistently doubled product turnover each year in 2010, 2011 and now 2012. August 2012 (Q3 in general) marks the company’s largest growth in turnover, which is four times greater than the previous August in 2011. The company anticipates similar growth throughout 2013. “We had a solid year of growth. Q3 sales figures have exceeded expectation in a so called ‘down market’, so confidence is high going into Q4,” mentions David Walton, Co-founder of Respire Medical. Mr. Walton equates much of Respires growth to strict quality control, improvement in customer service, and continuing education. Read the rest of this entry

Economic Impact of Obstructive Sleep Apnea

NovaSom, Inc., the leader in home sleep testing for Obstructive Sleep Apnea (OSA) management, announces it has collaborated with Jefferson School of Population Health to convene the first expert advisory board exploring the impact of undiagnosed OSA on healthcare costs and productivity in the workplace. The unique event brought together top industry thought leaders to discuss new avenues for employers to administer OSA screening, diagnosis and treatment for employees in an effort to manage the growing OSA epidemic within their organization. It took place in Washington, DC on March 9, 2012. Read the rest of this entry

NSF and LARK Partner for Sleep Health Education

The National Sleep Foundation is pleased to announce its partnership with LARK, creator of the award-winning sleep monitor, silent alarm clock, and personal sleep coach, to educate consumers on the importance of sleep and the best practices for sleep health.

“We’re excited by the potential of the convergence of technology and interest in sleep,” says David Cloud, CEO of the National Sleep Foundation. “LARK is at the cutting edge of consumer sleep devices and by working together, the National Sleep Foundation and LARK can help everyone understand how to make the most of their time in bed.”

LARK worked with top sleep experts to design an actigraph wristband that detects wearers’ unique sleep patterns and wirelessly uploads them to their iPhone, iPod touch, and iPad. Users get an immediate picture of how they’ve slept and analysis shows what “Sleep Type” they are and the easiest ways for them personally to improve. LARK offers a premium subscription, LARK Pro, which actively coaches people towards improving their sleep. The LARK wristband also features a silent alarm that wakes the wearer gently by mild vibrations. Read the rest of this entry

Siesta Medical, Inc., a developer of minimally invasive surgical solutions for obstructive sleep apnea (OSA), announced the U.S. launch of its Encore™ Tongue Suspension System for the treatment of OSA. The Encore™ System simplifies and improves the control of tongue suspension, a procedure shown to be an effective treatment for obstructive sleep apnea (OSA).

Dr. Jason van Tassel at Washington Hospital in Fremont, CA performed one of the first patient implants.

“Through a small incision, the Encore System allowed me to navigate the tongue base and easily place suspension loops. Controlling the final tension and advancement of the tongue base was easy and much simpler than with previous tongue suspension devices. This was a quick and minimally invasive surgery and is a potentially attractive surgical option for OSA patients with tongue base obstructions” said Dr. van Tassel. Read the rest of this entry

NovaSom, Inc., the leader in obstructive sleep apnea (OSA) home testing and cost-containment solutions, has announced UnitedHealthcare plan  participants now have access to NovaSom home sleep testing services for sleep apnea diagnosis. Home sleep testing is a clinically equivalent alternative to in-facility sleep testing that can be performed from the comfort and privacy of a patient’s home, at a fraction of the cost.

NovaSom will utilize its field-based provider relations team to educate physicians on appropriate screening parameters that will help identify clinically appropriate patients for home sleep testing. NovaSom will also make available a customized, provider-friendly workflow process aligned with prior authorization requirements to assure cost-effective diagnosis and initiation of treatment through its proprietary       cloud-based MediTrack®System.    Read the rest of this entry

Home sleep testing devices have become popular among medical providers to  determine whether or not patients may have obstructive sleep apnea.  Left  untreated, sleep apnea can account for higher risks of accidents, obesity, heart  disease, diabetes, and even colon cancer.

Medical professionals upload raw data  off the machine through the pm-Assist?  service that is scored by Registered Polysomnographic Technicians (RPSGT),  interpreted by Board Certified Sleep Physicians, and in as little as 24 hours  receive a diagnostic report.

“The growth of our pm-Assist program parallels the growth of home sleep  testing in the industry,” commented Dr. Benjamin Gerson, Chief Medical Director  of University Services, the parent  company of pm-Assist. Read the rest of this entry

Snoring was once considered a simple annoyance for bed partners, but there is a growing awareness in the medical community that the grunts and snorts of noisy sleepers can also be a sign of sleep apnea.

Testing can be a lucrative business, and labs have popped up in free-standing clinics and hospitals across the country. Over the past decade, the number of accredited sleep labs that test for the disorder has quadrupled, according to the American Academy of Sleep Medicine.

At the same time, insurer spending on the procedure has skyrocketed. Medicare payments for sleep testing increased from $62 million in 2001 to $235 million in 2009, according to the Office of the Inspector General.

Dr. David Gross, medical director of the sleep lab at the National Rehabilitation Hospital in Washington, D.C., says more than three-quarters of the patients who come to his lab are diagnosed with sleep apnea. “We are spending more and more money on sleep testing and treatment,” he says.

It’s no secret that the sleep business can be lucrative for physicians. While many sleep centers offer comprehensive care for sleep disorders, others are largely focused on overnight sleep testing, according to Dr. Nancy Collop, president of the academy. “A lot of people have gotten into the sleep business specifically to do that procedure,” she says.

Another option is a home sleep test, which costs less than a fifth as much as a lab test, and is considered effective for most patients. Medicare began paying for home sleep tests in 2008, but the tests have had only modest growth.

Some insurers, including WellPoint, are changing the way they pay for sleep testing to curb the costs.  Those changes are now widespread among Massachusetts insurers and are having an effect on the sleep industry in the state. [ Read Complete Post … ]

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