DALLAS, Oct. 13 /PRNewswire/ — Highland Capital Management,
L.P. (“Highland”), a Dallas-based, SEC-registered investment
adviser with approximately $22 billion of assets under management,
announced today that American HomePatient, Inc. (“American
HomePatient” or “the Company”) —  which previously traded as
(OTC Bulletin Board:
AHOM) — completed a public-to-private transaction and filed
documents with the SEC to deregister its Common Stock, resulting in
American HomePatient becoming 100% owned by a fund managed by
Highland.  This transaction is the culmination of a series of
transactions, including (i) a self-tender of common shares by the
Company and (ii) a restructuring of the Company’s senior debt of
$216 million led by Highland that were completed on September 2,
2010.

The American HomePatient transaction is a prime example of
Highland’s distressed investment strategy.  As one of the
world’s largest investors in U.S. corporate debt, with an
investment staff that monitors more than 2,000 companies across
industries, Highland has a distinct ability to identify attractive
investment opportunities designed to generate above-average returns
over time.  

Headquartered in Brentwood, Tennessee, American HomePatient is
one of the nation’s largest and most comprehensive respiratory and
service providers to Medicare and Managed Care patients in 33
states.   Founded in 1983, American HomePatient offers
respiratory and infusion therapy, enteral and parenteral nutrition
services, respiratory diagnostic equipment; patient home medical
equipment and related supplies.  

Under Highland’s ownership, American HomePatient will benefit
from access to the financial and strategic resources necessary to
help the Company realize accelerated, profitable growth.  
Using a structured and proven approach to value creation, Highland
will partner with

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