Electromed, Inc. (ELMD) AMEX

22.27

+0.04(+0.18%)

Updated at May 09 11:05AM

Currency In USD

Electromed, Inc.

Address

500 Sixth Avenue NW

New Prague, MN 56071

United States of America

Phone

952 758 9299

Sector

Healthcare

Industry

Medical - Devices

Employees

174

First IPO Date

August 13, 2010

Key Executives

NameTitlePayYear Born
Mr. James L. CunniffPresident, Chief Executive Officer & Director838,4621966
Mr. Bradley M. NagelChief Financial Officer, Treasurer & Secretary399,9971982

Description

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients of various ages in the United States and internationally. The company offers SmartVest airway clearance system; SmartVest SQL System that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment; and SmartVest Connect, a wireless technology with personalized HFCWO therapy management portal for patients with compromised pulmonary function. It also provides single patient use SmartVest and SmartVest Wrap products for health care providers in the acute care setting. The company offers its products primarily to home health care market for patients with bronchiectasis, cystic fibrosis, and neuromuscular disease. Electromed, Inc. markets its products primarily to physicians and health care providers, as well as directly to patients. The company was incorporated in 1992 and is headquartered in New Prague, Minnesota.