Profile: Hill-Rom Holdings Inc (HRC)
28 May 2015
Hill-Rom Holdings, Inc. (Hill-Rom), incorporated on August 7, 1969, is a medical technology company. The Company partners with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility, Wound Care and Prevention, Clinical Workflow, Surgical Safety and Efficiency, and Respiratory Health. The Company operates in three segments: North America, Surgical and Respiratory Care and International. North America segment sells and rents its patient support and near-patient technologies and services, as well as its clinical workflow solutions, in the United States and Canada. Surgical and Respiratory Care segment sells and rents its surgical and respiratory care products globally. International segment sells and rents similar products as its North America segment in regions outside of the United States and Canada. Through its network of approximately 160 North American and 50 international service centers, and approximately 1,100 North American and 395 international service professionals, the Company provides technical support and services and deliver its products to customers on an as-needed basis, providing its customers flexibility to purchase or rent its products.
The Company’s patient care systems include a variety of bed systems, as well as mobility solutions (such as lifts and other devices used to safely move patients). These patient care systems can be designed for use in high, mid and low acuity settings, depending on the specific design options. Its advanced patient care systems can also provide patient data reporting, patient safety alarms and caregiver alerts concerning such things as bed exit, bed height, patient positioning, point of care controls, and patient turn assist and upright positioning. Supporting solutions within the patient or resident room include architectural products (such as headwalls) and health care furniture. Advancing mobility products are sold by its North America and International segments, to acute and extended care facilities across the world. Approximately 67% of its revenue during fiscal 2014 was derived from advancing mobility products and services.
Wound Care and Prevention
The Company rents and sells non-invasive therapeutic products and surfaces designed for the prevention and treatment of a variety of acute and chronic medical conditions, including pulmonary, wound and bariatric conditions. Non-invasive therapeutic products are rented and sold by its North America and International segments, primarily in the United States, Canada and Europe. Medical Equipment Management and Contract Services provide rentals and health care provider asset management services for a variety of moveable medical equipment (MME), such as ventilators, defibrillators, intravenous pumps and patient monitoring equipment in its North America segment. In addition, it also sells equipment service contracts for its capital equipment, primarily in the United States. Approximately 10% of its revenue during fiscal 2014 was derived from wound care and prevention products and services.
The Company develops and markets a variety of communications technologies and software solutions. These are designed to improve patient safety and efficiency at the point of care by, among other things, enabling patient-to-staff and staff-to-staff communications, aggregating and delivering patient data, tracking staff and assets, and monitoring hand hygiene compliance. These products are sold mainly to its North America customers.
Surgical Safety and Efficiency
The Company offers surgical tables, lights, and pendants utilized within the operating room setting. It also offers a range of positioning devices for use in shoulder, hip, spinal and lithotomy surgeries as well as platform-neutral positioning accessories for every model of operating room table. In addition, it offers operating room disposable products such as scalpel and blade, light handle systems, skin markers and other disposable products. These products are sold by its Surgical and Respiratory Care segment. Approximately 13 % of its revenue during fiscal 2014 was derived from surgical safety and efficiency products.
The Company offers therapeutic products that provide bronchial hygiene (airway clearance) for acute and home care patients. These products are sold by its Surgical and Respiratory Care segment.
The Company competes with ArjoHuntleigh, Guldmann, Invacare, Joerns Healthcare, Linet, Stiegelmeyer, Stryker Corporation, Freedom Medical, Inc., RecoverCare, LLC/Joerns Healthcare, SIZEWise Rentals, LLC, Universal Hospital Services, Inc., Ascom Holding, GE Healthcare, Rauland-Borg Corporation, Action Medical, DeRoyal, Maquet, MizuhoOSI, Schuremed, Skytron, Steris, Swann-Morton, Electromed, Inc., International Biophysics Corporation, Respironics and Respirtech.
Hill-Rom Holdings Inc
1069 State Road 46 E
BATESVILLE IN 47006-7520