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8

NationsHealth

Medications and durable medical supplies


Company Details
Location: Sunrise, FL
Founders: Lewis Stone, 46, Glenn Parker, 43, Robert Gregg, 41
Year Started: June 2002
Initial Investment: $2M

Turned a Profit: 2006
First Million: 2002

2002 Sales: $2M
2006 Sales: $87M

Number of Employees:
Day 1: 3
2006: 623
2007: 700*

* Projected by 2008
Company Background
NationsHealth provides medical products in a market of approximately 41 million Medicare beneficiaries in the United States. Dr. Glenn Parker, Lewis Stone, and Robert Gregg founded NationsHealth and Parker has served as the company's CEO since 2002. Parker received a B.S. from the University of Florida in 1986 and an M.D. from the New York Medical College in 1993. He's licensed as a medical doctor by the Florida Department of Health.
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