Sleepmed

Name

Sleepmed

Legal name

SleepMed Incorporated

Website

https://sleepmedinc.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Sleep Diagnostics and Treatment Services

NAICS

Ambulatory Health Care Services (621), Other Ambulatory Health Care Services (6219), Home Health Care Services (62161), Home Health Equipment Rental (532283)

SIC

Services-Health Services (8000), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Home Health Care Services (8082)

akta.pro primary industry

Ambulatory Sleep Medicine Centers (HLAFABAJ)

akta.pro secondary industries

Sleep Diagnostics & Monitoring (PSG/Home Sleep Testing, Actigraphy) (HLAHAGAB), Sleep Diagnostic Centers (Polysomnography) (HLAFAKAF), Home Respiratory & Sleep Therapy Providers (DME-Integrated) (HLAFAEAF), Pulmonology & Sleep Medicine Telemedicine Platforms (HLALAGAF)

Keywords

• Sleep diagnostics services
• Home sleep testing
• Ambulatory EEG monitoring
• Sleep therapy programs
• Durable medical equipment

Headquarters

HQ city

Columbia

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Diagnostic Sleep Studies: Revenue from home sleep testing (ARES™) and in-lab sleep studies. Sleep study results integrated with therapy for comprehensive patient management.
2. DME/CPAP Therapy and Supplies: Durable medical equipment sales including CPAP machines, masks, and supplies. 120k therapy supply orders filled per year with 16k PAP set-ups annually.
3. Lab Management Services: SleepMed manages sleep labs for hospitals and physicians including facility design, equipment installation, technologist staffing, performance metrics, and accreditation support.
4. Ambulatory EEG Monitoring: DigiTrace EEG services provided at 40+ epilepsy centers nationwide with 25k annual tests. Revenue from outpatient and multi-day monitoring services.
5. Prescription Medications: Telemedicine prescription services for controlled substances related to sleep disorders including Xanax (Alprazolam), Valium (Diazepam), Ambien (Zolpidem), and Modafinil (Provigil) through licensed telehealth consultations.

Pricing tiers

Go-to-market motion4 records

Distribution channels8 records

Marketing channels7 records

Core offering

SleepMed provides integrated sleep medicine services spanning home and laboratory sleep diagnostics, ambulatory EEG monitoring, sleep therapy delivery (CPAP/DME), and outcomes-based population health management for employers and hospital systems. The company operates its proprietary FDA-approved ARES™ home sleep testing device and a nationwide network of sleep labs, supported by a cloud-based physician portal, the DigiTrace EEG service with DigiCloud streaming software, and a SleepMed Physician Network of 22,000+ affiliated clinicians across all 50 states.

Product overview

SleepMed offers an integrated sleep medicine platform combining home and laboratory diagnostics with comprehensive therapy management. The core product portfolio includes the proprietary ARES™ Home Sleep Test device and nationwide sleep laboratory network for diagnosis, supported by the DigiTrace EEG service for ambulatory video monitoring. Therapy offerings encompass SleepMed Therapy Solutions (PAP therapy with DME services), oral appliance therapy through dentist partnerships, and employer/hospital population health programs. The company also provides telemedicine prescription services for sleep-related medications including Modafinil, Ambien, Xanax, and Valium, plus the SleepMed Physician Network connecting 275+ sleep clinicians. The ARES cloud-based portal integrates diagnostic data with clinical history for comprehensive OSA management.

Differentiator

Problem solved

Functional benefit

Brands

• ARES: Proprietary FDA-approved Home Sleep Test device for obstructive sleep apnea diagnosis
• DigiTrace
• DigiCloud
• SleepMed Therapy Solutions
• SleepMed Sleep Physician Network

Products and services

• ARES Home Sleep Test FDA-approved proprietary home sleep testing device worn on the forehead capturing up to three nights of data including airflow, respiratory effort, EEG/EOG/EMG, snoring patterns, head position/movement, blood oxygen saturation, and behavioral arousals to diagnose obstructive sleep apnea. The device is mailed to the patient, used at home, and returned via prepaid mailer with results interpreted by a board-certified sleep physician.
• Sleep Labs (In-Lab Sleep Studies) Nationwide network of hospital-based, physician-based, and freestanding sleep laboratory facilities providing in-laboratory diagnostic sleep studies with accredited technologists and full diagnostic capabilities, contributing approximately 80,000 lab studies per year.
• SleepMed Therapy Solutions Comprehensive sleep therapy care program integrating sleep study results with PAP therapy to provide customized patient treatment from diagnosis through ongoing therapy support, including DME equipment and supply management, with a nationwide Therapy Services Operations Center and 24/7 patient support handling 120,000 therapy supply orders and 16,000 PAP set-ups annually.
• DigiTrace EEG Gold standard ambulatory video EEG monitoring service with cloud-based DigiCloud software enabling 72+ hours of continuous outpatient monitoring, deployed at 40+ epilepsy centers nationwide with 25,000 annual tests and 98% patient satisfaction, providing 24/7 patient clinical support with immediate physician study access.
• Lab Services (Sleep Lab Management) Comprehensive sleep lab management for hospitals and physicians including facility design consultancy, equipment installation, technologist staffing, performance metrics, CMS/AASM-compliant scoring and data management, administrative operations, and accreditation support, enabling healthcare facilities to establish and run sleep centers.
• Enterprise Program (Employer Population Health) Population health management program for self-insured employers providing sleep apnea screening, diagnosis, and therapy management for employee populations, targeting reduced medical costs and improved productivity with documented outcomes including 73% reduction in preventable accidents and $200 PMPM savings for PAP-compliant employees.
• Hospitals Services (Hospital Sleep Programs) Value-based sleep medicine program for hospitals and health systems enabling screening, identification, testing, diagnosis, and treatment of sleep apnea patients with demonstrated reductions in direct medical costs, physician visits, and population health integration into ACO/PCHM/CIN workflows.
• SleepMed Physician Network Narrow network of board-certified sleep physicians connecting employers and payors with sleep specialists, offering access to 275 interpreting sleep physicians and 650 respiratory therapists to manage patient populations sourced through SleepMed's employer and payor contracts at no cost or risk to participating physicians.
• Oral Appliance Therapy Dentist-fitted oral devices for mild to moderate obstructive sleep apnea treatment, worn like a retainer or mouthguard as an alternative to CPAP, facilitated through SleepMed's dentist partnership program with ARES™ diagnostics and physician coordination for approximately 2% of CPAP-refusing patients eligible for oral appliances.
• Telemedicine Prescription Services (Sleep and Anxiety Medications) HIPAA-compliant telemedicine prescription services for sleep-related and anxiety medications including Xanax (Alprazolam), Valium (Diazepam), Ambien (Zolpidem), and Modafinil (Provigil) for narcolepsy, shift work sleep disorder, OSA-related sleepiness, anxiety, panic disorder, muscle spasms, and short-term insomnia, delivered via licensed telehealth consultations.

Quantifiable outcome

• 10% better patient compliance than competing programs
• +4 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

One partnership is on record.

• NovasomminorStrategic or Co-development Partner · 25 September 2019SleepMed acquired Novasom's assets, a leading provider of Home Sleep Testing (HST). Each service continues to operate and the teams work together to deliver enhanced care experiences.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Itamar Medical (ZOLL Itamar): Itamar Medical manufactures the WatchPAT home sleep testing device, the most direct competitor to SleepMed's proprietary ARES HST device in the obstructive sleep apnea diagnostic market.
• Compumedics: Compumedics is a global sleep diagnostics and neurodiagnostics company providing PSG, HST and EEG systems — directly comparable to SleepMed's diagnostic device and lab capabilities.
• Apria Healthcare: Apria is one of the largest U.S. providers of home medical equipment, including CPAP therapy and sleep disorder treatment, directly comparable to SleepMed's DME/CPAP therapy and supply business.
• AdaptHealth: AdaptHealth is a leading national provider of home medical equipment, including CPAP and sleep therapy supplies, competing head-to-head with SleepMed Therapy Solutions.
• Natus Medical: Natus Medical provides neurodiagnostic devices and ambulatory EEG services, directly comparable to SleepMed's DigiTrace EEG offering and neurology monitoring business.
• BioSerenity: BioSerenity provides ambulatory EEG and remote patient monitoring services for neurology and sleep disorders — closely comparable to SleepMed's DigiTrace EEG service model.
• Nox Medical: Nox Medical develops home sleep testing and PSG devices used by sleep labs and clinicians globally, competing with SleepMed's ARES home sleep testing business.
• CleveMed: CleveMed manufactures home sleep testing devices and cloud-based sleep diagnostic platforms, a direct competitor in the HST market alongside SleepMed's ARES product.

Broad incumbents

• ResMed: ResMed is the global leader in CPAP devices and cloud-connected sleep apnea management, competing broadly with SleepMed in sleep therapy while also serving as a strategic partner/DME supplier for many sleep providers.
• Philips Respironics: Philips Respironics is a dominant incumbent in CPAP, BiPAP, and hospital-grade sleep diagnostics, competing with SleepMed across both sleep therapy and lab-based diagnostics at national scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sleepmedinc
• Facebookfacebook.com/SleepMed
• LinkedInlinkedin.com/company/sleepmed

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sleepmed