ResMed (RMD) Enters Agreement to Acquire Brightree in $800M Deal

Go back to ResMed (RMD) Enters Agreement to Acquire Brightree in $800M Deal

ResMed to Acquire Brightree® for $800 Million

February 22, 2016 4:05 PM EST

SAN DIEGO, Calif., Feb. 22, 2016 /PRNewswire/ -- ResMed (NYSE: RMD), the world's leading tech-driven medical device company and innovator in sleep-disordered breathing and respiratory care, today announced a definitive agreement to acquire privately held Brightree®, a leader in business management and clinical software applications for the post-acute care industry. This acquisition adds to ResMed's global leadership in connected healthcare solutions.

Brightree's cloud-based software helps customers improve clinical and business performance in the post-acute care industries of home/durable medical equipment (HME/DME), home health, and hospice all areas with high prevalence of sleep-disordered... More