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Mick Farrell

ResMed believes storm has now passed

‘There are green shoots starting to appear’ says CEO Mick Farrell

SAN DIEGO – Competitive bidding helped to drive down ResMed’s revenues in the Americas by 2% for the second quarter ended Dec. 31, 2013, compared to the same period in 2012.

ResMed acknowledges ‘temporary distraction’


SAN DIEGO – Round 2 of competitive bidding has tapped the brakes on ResMed’s growth, officials acknowledged during a conference call Oct. 24 to discuss the company’s first quarter 2014 earnings.

ResMed reports increased income, revenue


SAN DIEGO – ResMed reported net income of $80.9 million for the quarter ended Sept. 30 compared to $71.3 million for the same period last year, a 14% increase.

ResMed 'plans to stay ahead of the game'


SAN DIEGO – Despite pervasive reimbursement pressures, ResMed officials have reported solid earnings for the third quarter and outlined “major growth horizons” for the company’s future.

ResMed stays put


SAN DIEGO – ResMed will keep its headquarters in southern California, after its board decided the benefits of staying were greater than that of relocating, according to an article from the San Diego Union-Tribune. In Dec.

ResMed promotes Michael Farrell to CEO


POWAY, Calif. – Michael “Mick” Farrell, president of ResMed’s Americas division since 2011, will replace his father, Peter Farrell, as CEO and be appointed to the company’s board effective March 1, according to a press release.