Advanzeon Solutions

Advanzeon Solutions was a U.S. healthcare services company focused on managed care and sleep-health program administration rather than drug development. Through its wholly owned subsidiary Pharmacy Value Management Solutions, it operated SleepMaster Solutions, a commercially available program for identifying, testing, and managing obstructive sleep apnea, particularly for commercial drivers and other covered populations. Historically, the company also provided managed care administration in behavioral health, substance abuse, and pharmacy management. The business appears to have centered on service delivery, care coordination, diagnostic workflow, and CPAP-related treatment support rather than a traditional therapeutic pipeline. Although the legal entity remained active in proceedings for a period, the company entered bankruptcy and its Chapter 11 case was converted to Chapter 7 in 2022, so it should be treated as non-operating/defunct for current diligence purposes.