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About the Lambda Beta Society The National Honor Society for the Profession of Respiratory Care was formed in 1986 to promote recognize and honor scholarship scholarly achievement service and character of students graduates and faculty members of the profession. The name of the society is based on the goals of the Respiratory Care profession sustaining life and breath for all mankind. Lambda is the Greek letter L and beta is the Greek letter B. Lambda Beta Society currently has over 100 Chapters established at Respiratory Care programs across the United States.