August 29, 2016 5:40 PM ET

Health Care Technology

Company Overview of Brightree LLC

Company Overview

Brightree LLC provides cloud-based software solutions for the post-acute care industry. The company offers Brightree home medical equipment (HME)/DME, a billing and business management software that streamlines business operations ranging from patient intake to collection; and Brightree Home Health software, a software for home health documentation at the point-of-care. It also offers Brightree Hospice software that allows hospice organizations to enforce practices that maximize compliance, improve patient care, increase clinical and operational efficiencies, and drive cash flow through optimized billing; and Brightree HME Pharmacy software, a platform for various clinical, billing, and repo...

1735 North Brown Road

Suite 500

Lawrenceville, GA 30043

United States

Founded in 2002

Phone:

678-243-1800

Fax:

678-775-7294

Key Executives for Brightree LLC

Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Executive Vice President of Customer Services
Age: 53
Executive Vice President of Home Medical Equipment (HME)
Compensation as of Fiscal Year 2016.

Brightree LLC Key Developments

Brightree Announces Management Changes

Brightree announced new executive appointments to the company’s leadership team, which come as a result of its acquisition by ResMed earlier 2016. Matt Mellott will become the company’s new chief executive officer. In addition, Bobby Ghoshal will serve as the company's new chief operating officer. Mellott’s experience in the rapidly changing home medical equipment (HME) environment gives him a customer-centric mindset that will ensure the company maintains its leadership position in providing tools that HME, home health, and hospice providers use to maximize quality of patient care and business efficiency. Mellott joins the company from MedBridge Healthcare. With Mellott’s appointment as CEO, current the company president and CEO Dave Cormack will transition to a multi-year advisory role. Cormack joined the company in 2005 and led the company through a period of tremendous growth, taking what was then a fledgling software-as-a-service startup with 12 employees and fewer than 100 customers into an industry leader with revenues exceeding $100 million annually. The company also announced that Bobby Ghoshal will serve as its chief operating officer. As COO, Ghoshal will oversee Brightree’s technology, product management initiatives, business operations and finance functions. An experienced information technology executive, Ghoshal was previously vice president of information technology in ResMed’s Americas group.

ResMed Inc., Brightree LLC - M&A Call

To discuss Resmed to acquire Brightree

Brightree and Resmed Further Enhance Integrated Sleep Therapy Capabilities

Brightree announced enhanced integration capabilities from Brightree’s home medical equipment (HME) billing and business management solution with ResMed’s U-Sleep® premium sleep compliance solution. This expanded integration allows HME providers to benefit from a complete end-to-end solution for sleep therapy management from initial patient setup, through compliance, resupply and electronic document storage. These latest enhancements include: Integration with Brightree Connect™ - Enables providers to streamline resupply workflow with automated compliance notifications. Once a compliance notification is received from U-Sleep, patients can be automatically subscribed to pre-set resupply programs within Brightree, significantly reducing human intervention. Additionally, patient responses for ongoing compliance, required by some major payers, are stored in the patient’s record in Brightree and automated tasks for compliance teams can be created. Integration with Brightree Document Management - Enables providers to automatically retrieve and store patient compliance reports from U-Sleep directly into Brightree Document Management for provider reference, audit compliance and easy communication to physician referral sources. Compliance report storage frequency can be configured so HMEs can automatically receive a download of an initial compliance report in addition to 30, 60 and 90-day reports.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 22, 2016
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