RMD - ResMed - Stock Price & Dividends

ResMed Inc. is a leading medical technology company that specializes in developing, manufacturing, and distributing innovative devices and cloud-based software solutions for the healthcare industry.

The company operates through two primary segments: Sleep and Respiratory Care, and Software as a Service. Its Sleep and Respiratory Care segment offers a range of products and solutions for respiratory disorders, including portable diagnostic devices like ApneaLink Air and NightOwl, which measure various health metrics to diagnose and monitor sleep apnea and other respiratory conditions.

In addition to its diagnostic devices, ResMed provides a suite of cloud-based software applications that enable remote monitoring, patient engagement, and therapy management. For instance, its AirView system allows healthcare professionals to remotely monitor patients' device settings, while its myAir application provides personalized support and education to patients with sleep apnea.

ResMed's Software as a Service segment offers a range of out-of-hospital software solutions, including Brightree business management software, MatrixCare care management solutions, HEALTHCAREfirst electronic health record and billing services, and MEDIFOX DAN's software solutions. These solutions cater to various healthcare providers, including home medical equipment (HME) providers, senior living communities, home health and hospice organizations, and accountable care organizations.

The company's software solutions aim to streamline clinical and business operations, improve patient outcomes, and enhance the overall quality of care. By providing a comprehensive suite of products and solutions, ResMed enables healthcare professionals to deliver more efficient, effective, and patient-centered care.

With a strong global presence, ResMed markets its products and solutions through a network of distributors and direct sales force, serving sleep clinics, home healthcare dealers, and hospitals worldwide. Founded in 1989, the company is headquartered in San Diego, California, and has established itself as a leader in the medical technology industry.