ResMed

ResMed Inc. is an American medical equipment company based in San Diego, California. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea (such as CPAP devices and masks), chronic obstructive pulmonary disease (COPD), and other respiratory conditions. ResMed produced hundreds of thousands of ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19. ResMed 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 (i.e. home health, hospice, skilled nursing facilities, life plan communities, senior living centers, and private duty).

ResMed employs more than 8,000 employees worldwide as of June 2022. The company operates in more than 140 countries worldwide, and has manufacturing facilities in Australia, Singapore, France, and the United States. Revenue was US$3.6 billion in fiscal year 2022.

History
ResMed was established in 1989 by Peter Farrell in Australia. It relocated to San Diego in 1990.

Leadership
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.

In November 2023, there were many changes to the executive team at ResMed. Rob Douglas stepped down as COO and President after announcing he would retire in January 2024. In the same month, it was announced that Justin Leong will serve as CPO. Leong will also take over the digital health technology team. Katrin Pucknat will serve as the new CMO and Mike Fliss will serve as the new CRO.

False claims settlement
In January 2020, ResMed Inc. 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.