Tag: SnapWorx
Deeper dive on deal
February 21, 2020Liz Beaulieu, Editor
ATLANTA - Brightree's acquisition of SnapWorx ups the company's CPAP resupply game, allowing it to better serve providers of varying sizes, says CEO Matt Mellott.Here's what Mellott had to say about SnapWorx's “intelligent technology” and why providers should be increasingly looking to apply that technology to the resupply process.On the Snap difference“They've focused on call center workflow optimization, things different than what Brightree has been focused on in the past, as...
Brightree deepens resupply offering
January 31, 2020Liz Beaulieu, Editor
ATLANTA - Brightree has signed on to buy SnapWorx, a Brentwood, Tenn.-based software company that provides a patient contact management and workflow optimization platform for the CPAP resupply market.
ResMed CEO Mick Farrell announced the deal during the company's Jan. 30 conference call to discuss its financial results for the second quarter of fiscal year 2020.
“The combination of Brightree's technology and logistical services with this new SnapWorx technology creates the largest...
ResMed reports double-digit growth, announces software acquisition
January 31, 2020HME News Staff
SAN DIEGO - ResMed reported net revenues of $736.2 million for the second quarter ended Dec. 31, 2019, compared to $651.1 million for the same period in 2018, a 13% increase.
Net income was $160.6 million compared to $124.6 million, a 29% increase.
“We had a strong December quarter with double-digit top-line growth and further gross margin expansion, as well as continued fiscal discipline that resulted in improvements in operating leverage and double-digit growth at the bottom line,”...