Seredor acquires United Sleep Diagnostics to expand sleep diagnostic activities

Sep 22 2010

Continucare Corporation (NYSE Amex:CNU) announced today that its wholly owned subsidiary Seredor Corporation has further expanded its sleep diagnostic activities through the acquisition of United Sleep Diagnostics, Inc., an operator of sleep diagnostic centers. The acquired business currently operates three independent testing facilities and manages sleep centers at six hospitals located in Miami-Dade, Broward and Palm Beach Counties, Florida.

“The expansion of our sleep diagnostic center business, Seredor Corporation, continues to be an important aspect of our growth strategy”

"The expansion of our sleep diagnostic center business, Seredor Corporation, continues to be an important aspect of our growth strategy," said Richard C. Pfenniger, Jr., Continucare's Chairman and Chief Executive Officer. "Sleep medicine is an important and growing discipline and with this acquisition we have established Seredor as one of the largest sleep diagnostic center operators in Florida."