Should You Invest In Hill-Rom Holdings Inc?

Hill-Rom Holdings (also known as Hillrom) was founded in 1915 and is a global medical technology company focused on supporting patients and their caregivers. This is done by advancing connected care, enabling earlier diagnosis and treatment, optimising surgical efficiency and safety, accelerating patient recovery, delivering actionable, real-time insights, simplifying clinical communication, and collaboration and shifting care closer to home. Hill-Rom Holdings’ products are divided into three business segments: Patient Support Systems, Front Line Care, and Surgical Solutions. The company has around 10,000 employees and serves over 7 million patients in more than 100 countries every day. Company solutions include connected smart beds, patient lifts, patient monitoring technologies, caregiver collaboration tools, respiratory health devices, operating room equipment, and more. In 2019, the company announced the expansion of its respiratory health portfolio with the acquisition of Breathe Technologies, a developer and manufacturer of a patented wearable, noninvasive ventilation technology. Breathe Technologies’ solution improves patient mobility in a range of conditions such as lung disease, restrictive thoracic disorder, post-lung transplant rehab, and more. The company’s financial results for the fiscal fourth quarter of 2019 included reported worldwide revenue of $783 million. Tune in for regular HRC price updates.