SAN DIEGO – Third quarter 2019 revenue increased 12% to $662.2 million at ResMed Inc. Net operating profit ticked up 15% with non-GAAP operating profit up 15%. “We had another strong quarter with top-line revenue growth across all categories of our business, including a solid contribution from recently acquired SaaS companies and growth in international device sales,” said Mick Farrell, ResMed’s CEO. “Our expanding mask portfolio continues to drive share growth across all geographies and we have a solid product pipeline to support future growth, including the recent launch of the AirFit P30i. We delivered operating leverage this quarter, even as we execute on our long-term strategy to provide innovative products, software, and solutions to improve outcomes, create efficiencies, and reduce overall healthcare system costs. We are on a trajectory to improve 250 million lives in out-of-hospital healthcare in 2025.”
Brightree Announces Access to CommonWell Health Alliance Network
ATLANTA – Brightree® announced plans last week for its Home Health and Hospice customers to access more than 50,000 provider locations and health systems nationwide via the CommonWell Health Alliance, a nonprofit national trade association of health IT companies, and through CommonWell to Carequality, a national, consensus-built common interoperability framework.
Through CommonWell, Brightree Home Health and Hospice customers will be able to quickly and easily retrieve documents and data from a patient’s previous hospital and physician visits within their EMR solution. They can also share patient updates with physicians and other providers in the CommonWell network who serve that patient. This seamless information exchange will help home health and hospice agencies improve their efficiency, as well as patients’ care coordination and quality of care.
“What this amounts to is a smoother journey for patients moving from care setting to care setting, which is traditionally difficult to navigate,” said Nick Knowlton, Brightree vice president of Business Development and CommonWell board vice chair. “Our customers can now help provide a better experience more efficiently, which can lead to improved outcomes. By including this service in Brightree’s EMR offering, we are helping create a better future for our providers and patients.”