ResMed


ResMed is a San Diego, California-based medical equipment company. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea, chronic obstructive pulmonary disease, and other respiratory conditions. It also provides software to out-of-hospital care agencies to streamline transitions of care into and between these care settings for seniors and their care providers.
ResMed employs more than 7,500 employees worldwide as of October 2019. The company operates in more than 120 countries worldwide and has manufacturing facilities in Australia, France, Singapore and the United States. It achieved revenues of US$2.6 billion in fiscal year 2019.

History

ResMed was established in 1989 by Peter Farrell in Australia. It relocated to San Diego in 1990. On March 1, 2013, Peter's son Mick Farrell became the company's new CEO. Peter transitioned to a non-executive role at the end of the year.

False Claims Settlement

In January 2020, ResMed Corp. agreed to pay more than $37.5 million to resolve alleged kickbacks paid to DME suppliers, sleep labs, and other healthcare providers in violation of the Anti-Kickback Statute.

Products

Devices