ResMed (NYSE:RMD) subsidiary Brightree said this week that it paid an undisclosed amount to bolster its software-as-a-service holdings with Apacheta. Media, Pa.-based Apacheta makes mobile apps that allow companies to automate and streamline business processes in sales, marketing, logistics and field services. “Apacheta solves many of the business challenges [home medical equipment companies] face in managing deliveries, particularly […]
Sunrise Labs executes succession plan | Personnel Moves – April 5, 2018
Medical device and life science development group Sunrise Labs said this week that it completed its succession plan, with president Eric Soederberg acquiring the majority of shares in the company through a stock sale with founder and board chair Drew Sunstein. With the transaction, the Bedford, N.H.-based company said that it secured its planned ownership […]
ResMed shuffles the deck at Brightree; taps Mellott as new CEO | Personnel Moves June 21, 2016
ResMed shuffles the deck at Brightree; taps Mellott as new CEO ResMed (NYSE:RMD) yesterday announced a mix-up at its Brightree business, tapping home medical equipment industry vet Matt Mellott as its new CEO and Bobby Ghoshal as its new COO. Former Brightree CEO and prez Dave Cormack will transition into a multi-year advisory role, the company […]
ResMed closes $800m Brightree buy
ResMed (NYSE:RMD) said it closed the $800 million acquisition of cloud-based healthcare software company Brightree yesterday. Atlanta, Ga.-based Brightree develops cloud-based software for home or durable medical equipment for home health and hospice care. Its majority owner was private equity shop Battery, which bought its stake in 2008. “This acquisition furthers ResMed’s position as the leading tech-driven medical device company and […]
ResMed to pay $800m for cloud-based software firm Brightree
Updated with quotes from Brightree majority owner Battery. ResMed (NYSE:RMD) said today it will pay $800 million to acquire cloud-based healthcare software company Brightree. Atlanta, Ga.-based Brightree develops cloud-based software for home or durable medical equipment for home health and hospice care, with aims of improving clinical and business performance in the post-acute care industry. Global investment firm […]
