Brightree, Resmed Company Strengths, Domain Expertise, and Key Differentiators
Brightree enables out-of-hospital care organizations to improve their business performance and deliver better health outcomes. As an industry-leading cloud-based healthcare IT company, Brightree provides solutions and services for thousands of organizations in-home medical equipment and pharmacy, home health, hospice, orthotic and prosthetic, home infusion, and rehabilitation home care.
Brightree, Resmed Company Recent Developments
In May 2021, Brightree integrated its Brightree Business Management Solution for Pharmacy with 340B Validation Services from MedEdge Solutions, an innovative custom software solutions, data analytics, and technical consulting company, to create a robust web-based tool for managing 340B data, submissions to third-party administrators (TPAs) and reporting. The new Brightree 340B Reporter, which directly integrates with Brightree dispensing data, enables Brightree pharmacy and home infusion customers to review and edit their 340B data before submitting, automatically schedule submissions on a customized timeline, track claims validations and payments, and easily identify trends based on payer, item or physician.
In March 2020, at Medtrade Spring 2020 in Las Vegas, Brightrее unveiled key enhancements to its Patient intake Management Software, which will streamline and shorten the HME intake process. Comprehensive Patient Intake, available within Brightree’s Business Management Software, has been redesigned to address top HME pain points, including challenges related to incomplete documentation, prequalifying products, training new employees, disseminating contextual insurance knowledge, and addressing inefficient workflows.
In December 2019, Brightree has relocated its new headquarters to Atlanta Tech Park in Peachtree Corners, Georgia. The new location is designed to enable greater internal collaboration and community-building while bringing Brightree into a rapidly growing technology hub.
In April 2019, Brightree introduced Advanced Analytics, the first analytics platform for HMEs that highlights workflow insights, KPI tracking, and peer benchmarking, without requiring users to aggregate data themselves. Brightree’s Advanced Analytics, powered by billions of data points, provides HMEs with a scalable data solution. This enables smarter and more informed business decisions for revenue cycle management, business operations, and resupply programs, ultimately supporting better patient care.
Brightree, Resmed Company Mergers and Acquisitions (M&A) Activities
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
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Brightree, Resmed Company Overview
Ownership: - ResMed (NYSE: RMD) (ASX: RMD)
Number of Employees: 620
Brightree, Resmed Company Key Enterprise and Cloud Applications
Brightree Cloud ,
Brightree, Resmed Company Revenues, $M:
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* 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:
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Brightree, Resmed Company Enterprise Applications Revenues By Functional Markets, $M:
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Brightree, Resmed Company Revenues By Region, $M
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Brightree, Resmed Company Direct vs Indirect sales
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Brightree, Resmed Company Customers - Breakdown by Geo, Size, Vertical and Product
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
More than 68,000 users across over 3,000 post-acute care organizations depend on Brightree every day to process more than 40 million claims each year.
Among Brightree’s customers are Meadows Home Medical, Atlanta Prosthetics&Orthotics, ProCare Respiratory&Home Medical, Montgomery Medical Equipment, Otto Bock HealthCare, Medic-Aire Inc., Mobility Healthcare, Lifesavers Home Respiratory, Medicare Billing Consultants and many others.
Brightree, Resmed Company Market Opportunities, M&A and Geo Expansions
In January 2020, Brightree has acquired SnapWorx, LLC. Based in Brentwood, Tennessee, SnapWorx is a SaaS company with intelligent workflow technology empowering HME providers servicing continuous positive airway pressure (CPAP) resupply patients. SnapWorx solutions focus on patient engagement and automation of the workflow for collecting the supporting documentation required for dispensing and billing of CPAP supplies.
The combination of Brightree ReSupply’s technology and live-call services with the SnapWorx software platform creates the largest CPAP resupply patient base in the industry with the most comprehensive set of solutions for multi-channel patient engagement and workflow automation. For HME customers, the combined capabilities will help drive patient therapy adherence and increase operational efficiencies.
In December 2019, Brightree unveiled it has officially relocated its new headquarters to Atlanta Tech Park in Peachtree Corners, Georgia – 20 miles northeast of downtown Atlanta. The new location is designed to enable greater internal collaboration and community-building while bringing Brightree into a rapidly growing technology hub.
Brightree, Resmed Company Risks and Challenges
Brightree is a wholly-owned subsidiary of ResMed.
Brightree, Resmed Company Ecosystem, Partners, Resellers and SI
In April 2021, Brightree partnered with RelayHealth Pharmacy Solutions, one of the nation’s most reliable pharmacy networks connecting biopharma companies, pharmacies, physicians, and payers to Streamline Pharmacy Transactions and Improve Access to Assistance Programs.
Brightree primarily sells direct but also have partnership agreements with: AA Homecare, Ability, Acu-Serve, Airclic, AllCall Connect, Apacheta, athenahealth, Barcoding, Inc., CellTrak, Conduit Technologies, First Choice Medical Supply, Independence Medical, McKesson, Medline, Microsoft, NAIMES, Passport Health Communications Inc., Perceptive Software, Philips Respironics, PPM Fulfillment, ResMed, Strategic AR, U-Sleep, Van G. Miller&Associates.
Brightree, Resmed Company Cloud Infrastructure Insights
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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).
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