Brentwood, TN (PRWEB) June 27, 2011
American HomePatient, a leading provider of respiratory services and equipment nationwide, announced today the expansion of patient support operations with a new facility to open later this year. The facility is being developed in response to a rapidly growing respiratory patient base. The facility, in Longview, Texas, will provide telephonic contact for patients to monitor their therapy and provide ongoing support.
“The growth in our patient base reflects the trust that patients and physicians in all our markets have in American HomePatient to provide excellent therapy support. Our clinically trained staff, and patient-focused processes combine to create a strong partnership with physicians and patients," said Frank Powers, Chief Operating Officer and Executive Vice President.
American HomePatient is owned by funds managed by Highland Capital Management, L.P., “Highland”, a Dallas-based, SEC-registered investment adviser with approximately $23 billion of assets under management.
Patrick Daugherty, Head of Private Equity at Highland, stated: “American HomePatient’s investment in Longview is an important component of the company’s growth strategy and demonstrates Highland’s commitment to American HomePatient.”
ABOUT AMERICAN HOMEPATIENT
American HomePatient provides oxygen equipment and supplies, aerosolized medications, sleep therapy equipment (CPAP and supplies), and enteral therapy through over 300 locations in 35 states. The company maintains ACHC accreditation, a means of measuring organizational management, internal processes, patient safety practices, and service outcomes.
ABOUT HIGHLAND CAPITAL MANAGEMENT, L.P.
Highland Capital Management, L.P. is a SEC-registered investment adviser with approximately $22 billion of assets under management. It is one of the largest global alternative fixed income managers, specializing in bank loans, high yield credit, distressed debt, structured products, real assets, and long-short equities, with a global geographic reach.
Highland's diversified client base includes public pension plans, foundations and endowments, corporations, financial institutions, fund of funds, governments, high net worth individuals, and mutual fund investors. To best meet the different goals of these investors, Highland offers a variety of product types, including credit funds, private equity-style funds, managed separate accounts, hedge funds, retail mutual funds, and collateralized loan obligations (CLOs).
Highland Capital is headquartered in Dallas, Texas and maintains offices in New York, London and Singapore. For further information, please visit http://www.hcmlp.com.
Media Contact: Stephen Clanton, 615-221-8884
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