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ResMed

ResMed to select new CEO in early 2013

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12/26/2012

SAN DIEGO – ResMed is on track to choose an internal candidate as its next CEO in early 2013, The Australian has reported. The two candidates vying for the position: Michael Farrell, president of Americas; and Robert Douglas, COO.

In brief: OIG rehashes HME recommendations, ResMed mulls move

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12/07/2012

In brief: OIG rehashes HME recommendations, ResMed mulls move

ResMed mulls move

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12/06/2012

SAN DIEGO – ResMed is evaluating whether it should move its headquarters out of California, according to news reports.

Supplies market: 'It's an attractive space'

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10/26/2012

SAN DIEGO – ResMed officials remain confident in the growth of the supplies market for CPAP devices, they said during an earnings call Oct. 25.

ResMed announces record quarter

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10/26/2012

SAN DIEGO – ResMed this week reported revenue of $339.7 million for the quarter ended Sept. 30, 2012, an 8% increase over the same quarter last year. Net income was $71.3 million, a 41% increase; and earnings per share were $0.49, a 48% increase.

Talk up home sleep testing

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09/25/2012

Even though HME providers can’t conduct home sleep tests themselves, at least not when Medicare is the payer, they should still be very much vested in the success of the market, vendors say.

ResMed expands research facility

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09/21/2012

DUBLIN – ResMed plans to add 50 new jobs to its research, development and innovation facility, according to reports.

‘Pieces coming together’ for HST

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08/31/2012

YARMOUTH, Maine – 2012 could end up being a watershed year for home sleep testing (HST), say vendors that have large stakes in the market.

M&A scene: Harmar, ResMed, ATG

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08/03/2012

SARASOTA, Fla. – The Cortec Group, a New York-based private equity investment firm, has acquired Harmar Mobility. The transaction closed July 20, according to a press release from Harris Williams & Co., an investment bank that advised Harmar.

ResMed posts ‘solid’ fiscal year results

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08/03/2012

SAN DIEGO – ResMed officials, during an earnings call Aug. 2, downplayed competitive bidding and a new re-supply rule, saying neither would have much impact on the company.

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