ResMed (NYSE:RMD) today said it acquired Jaysec, a developer of cloud-based software for home medical equipment resupply, for an undisclosed amount.
Knoxville-based Jaysec’s GoJaysec platform is designed to automate the resupply process for HME providers, according to a press release.
"Jaysec’s products streamline key HME business practices such as resupply, allowing home medical equipment providers to focus on delivering quality care for their patients," Raj Sodhi, president of ResMed’s healthcare informatics business, said in prepared remarks. "Acquiring Jaysec furthers our commitment to helping HMEs drive business efficiencies while delivering positive patient outcomes. We’re excited to bring Jaysec into the ResMed fold, and we look forward to supporting existing and new customers alike."
GoJaysec uses voice, text and secure email to prompt patients to use its portal to order HME resupplies, including the sleep apnea products ResMed makes, according to the release.
Last December, ResMed won an injunction from the International Trade Commission barring the importation and sale of sleep apnea masks made by Chinese rival BMC Medical , but lost a validity decision on a humidifier patent.
In January ResMed reported fiscal 2nd-quarter profits of $91.2 million, or 64¢ per share, on sales of $423.0 million for the 3 months ended Dec. 31, 2014, representing bottom-line growth of 5.2% on sales growth of 10.0%.