Brightree, Resmed Company Strengths, Domain Expertise, and Key Differentiators
Brightree empowers out-of-hospital care providers to enhance operational efficiency and achieve superior health outcomes. Brightree offers comprehensive solutions and services tailored for various sectors including in-home medical equipment and pharmacy, home health, hospice, orthotic and prosthetic, home infusion, and rehabilitation home care. In addition to its robust offerings, Brightree is recognized for its innovative technologies and commitment to driving advancements in patient care and organizational performance.
Brightree, Resmed Company Recent Developments
Brightree has launched Brightree Digital Experience, a new software solution for home medical equipment and infusion providers. It enables efficient patient communication via text/email, electronic documentation, and video chat, enhancing the patient journey without requiring a mobile app or portal registration. This improves workflow, patient satisfaction, and care coordination, meeting the demand for instant communication and preference for text messages. Integrated with existing Brightree software, it offers personalized engagement and reduces manual tasks. Additionally, Brightree unveiled major enhancements to its Business Management Solution for Pharmacy, aimed at boosting efficiencies and profitability for home infusion providers. These updates include streamlined patient intake processes, improved discharge mechanisms, and automated contract pricing. The solution offers customizable dashboards for tracking operational metrics and integrates with various healthcare systems for seamless communication and data exchange. The enhancements were showcased at NHIA 2022. Both developments reflect the advancements in healthcare technology in 2022.
Brightree, Resmed Company Mergers and Acquisitions (M&A) Activities
Brightree announced its acquisition of SnapWorx, a software company specializing in patient contact management and workflow optimization for CPAP resupply, in January 2020. This acquisition aims to enhance Brightree's resupply program by integrating SnapWorx's technology, resulting in improved patient engagement and operational efficiencies for HME providers. SnapWorx joined Brightree, with its president, Emmet Seibels, continuing to lead the business. Financial terms of the transaction were not disclosed.
In December 2018, Brightree acquired privately held mobile delivery and cloud-based software-as-a-service (SaaS) provider Apacheta Corporation, further expanding the SaaS portfolio of Brightree’s owner, ResMed.
Brightree, Resmed Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Brightree, Resmed Company applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Brightree, Resmed Company and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Brightree HME Software, Brightree Pharmacy Software, Brightree Orthotics & Prosthetics Software customers.
Brightree, Resmed Company Overview
125 Technology Parkway
Peachtree Corners, GA, 30092, United States
1 888-598-7797
https://www.brightree.com/
Ownership: - ResMed (NYSE: RMD) (ASX: RMD)
Number of Employees: 620
Functional Markets: Analytics and BI, CRM, ERP Financial, ERP Services and Operations, SCM,
Key Verticals: Healthcare,
Brightree, Resmed Company Key Enterprise and Cloud Applications
Brightree HME Software, Brightree Pharmacy Software, Brightree Orthotics & Prosthetics Software
Brightree, Resmed Company Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Brightree, Resmed Company Revenue Breakdown By Type, $M:
Brightree, Resmed Company Enterprise Applications Revenues By Functional Markets, $M:
Brightree, Resmed Company Enterprise Applications Revenues By Verticals, $M:
Brightree, Resmed Company Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Brightree, Resmed Company Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Brightree, Resmed Company Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Brightree, Resmed Company Customers
No. of Brightree, Resmed Company Customers: 3000
No. of Brightree, Resmed Company Enterprise Applications Customers: 3000
No. of Brightree, Resmed Company Cloud Customers: x
No. of Brightree, Resmed Company Cloud Subscribers: 489000
Brightree boasts a substantial user base of over 68,000 individuals spanning across 3,000 post-acute care organizations, relying on its platform daily to process an impressive volume of over 40 million claims annually. Notable clients include Meadows Home Medical, Atlanta Prosthetics & Orthotics, ProCare Respiratory & Home Medical, and Montgomery Medical Equipment, alongside esteemed names like Otto Bock HealthCare and Medic-Aire Inc. Among others, Brightree serves reputable entities such as Mobility Healthcare, Lifesavers Home Respiratory, and Medicare Billing Consultants.
Brightree, Resmed Company Market Opportunities, M&A and Geo Expansions
With its recent development in software, Brightree is poised for significant opportunities in market growth and innovation. The introduction of the Brightree Digital Experience marks a milestone in patient communication for home medical equipment and infusion providers, offering streamlined channels such as text, email, and video chat. This platform enhances workflow efficiency, elevates patient satisfaction, and improves care coordination without the need for app downloads or portal registrations. In addition, Brightree has bolstered its Business Management Solution for Pharmacy, unveiling enhancements aimed at optimizing operational efficiencies and profitability for home infusion providers. These advancements, recently showcased at NHIA 2022, underscore Brightree's commitment to pioneering healthcare technology and meeting evolving industry demands. Through strategic initiatives like these, Brightree is well-positioned to capitalize on opportunities for further expansion and market leadership.
Brightree, Resmed Company Risks and Challenges
Brightree's status as a wholly-owned subsidiary of ResMed introduces certain risks that warrant consideration. Firstly, as part of a larger corporate entity, Brightree may face challenges in maintaining its autonomy and agility in decision-making processes. This could potentially hinder its ability to respond swiftly to market changes or customer needs, leading to missed opportunities or decreased competitiveness. Additionally, being under the umbrella of ResMed may subject Brightree to the broader financial and operational risks inherent in ResMed's business activities, such as fluctuations in financial performance, regulatory scrutiny, or legal liabilities. Moreover, any strategic shifts or restructuring initiatives undertaken by ResMed could impact Brightree's resources, priorities, and strategic direction, potentially leading to conflicts of interest or disruptions in operations.
Brightree, Resmed Company Ecosystem, Partners, Resellers and SI
Brightree initiated a strategic partnership with RelayHealth Pharmacy Solutions, a leading pharmacy network facilitating connections among biopharma companies, pharmacies, physicians, and payers. This collaboration aims to streamline pharmacy transactions and enhance access to assistance programs. While Brightree primarily adopts a direct sales approach, it also maintains partnership agreements with various organizations including AA Homecare, McKesson, Microsoft, and ResMed, among others. These partnerships serve to bolster Brightree's market presence and expand its reach within the healthcare technology sector.
Brightree, Resmed Company Cloud Infrastructure Insights
Subscribe to read more about:
- Brightree, Resmed Company Public Cloud and Infrastructure (IaaS)
- Brightree, Resmed Company Platform (PaaS)
- Brightree, Resmed Company Application Delivery
- Brightree, Resmed Company Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
