JOHNSTON, RI (November 6, 2020)—Spiro Health announced the successful acquisition of Absolute Respiratory Care in Johnston, Rhode Island. Absolute Respiratory Care is a home medical equipment provider in the state of Rhode Island. The acquisition will continue to allow Spiro Health to have operations across eight states and the District of Columbia; Connecticut, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island, Vermont and Virginia.
Absolute Respiratory Care offers a full range of medical equipment and supplies, with a strong emphasis in providing sleep therapy solutions. Since 2005, their ever-adapting mindset has allowed them to leverage wireless monitoring and create a touchless telehealth model for sleep therapy. This evolution will help Spiro Health deliver on their goal of deploying leading technology solutions to provide its patients and partners a seamless experience when ordering home medical equipment and supplies (HME).
“Absolute Respiratory Care is excited to join with the team at Spiro Health,” said Jayne Matoian, President of Absolute Respiratory Care. “We look forward to collaborating on best practices, maintaining continued growth, and driving industry leading clinical outcomes. We know that this integration will ensure we can continue to deliver excellent patient care, especially as we continue to scale.”
"Spiro is thrilled to welcome Jayne and her leadership team onto our platform. The added scale in Southern New England supports our continued growth in the region and beyond. Absolute has a dynamic track record of growth and success in Rhode Island, Massachusetts and more recently Eastern Connecticut, which fits in very well with our existing team and operating region,” said Gary Sheehan, CEO of Spiro Health. “We look forward to welcoming additional innovative companies into the Spiro family upcoming and are excited to work with leadership teams who share our focus on service, growth and a culture of success."
To learn more about Absolute Respiratory Care, please visit absoluterespiratorycare.com
Paragon Ventures was the exclusive advisor to Absolute Respiratory Care, Inc.