Global Information would like to present a new market research report, "Hill-Rom Medical Device Company Intelligence Report" by Espicom Business Intelligence.
Hill-Rom is headquartered in Batesville, Indiana, US. The company is a leading provider and manufacturer of patient support systems, non-invasive therapeutic products for acute and chronic medical conditions, workflow IT products, and medical equipment rentals. Products and services by Hill-Rom are utilized in extended care facilities, in the home, and in hospitals.
Hill-Rom was formerly part of the healthcare division known as Hillenbrand Industries until April 1, 2008. Hillenbrand, however, has now been separated into two independent publicly traded companies. These two independent companies are now in position to capitalize on growth opportunities in their respective markets. The newly renamed Hill-Rom currently trades on the NYSE using the symbol, HRC.
Hill-Roms central product line is its variety of patient support systems (e.g. beds, mattresses, patient room furniture, and communications products), which accounts for 60% of its sales. An estimated 10% of Hill-Roms revenue was derived from MME and asset management services products and services for the fiscal year in 2007. Finally, non-invasive therapeutic products comprised 24% of revenue while healthcare IT products represents 6%.
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