Electromed, Inc.

Electromed, Inc. is a medical device company that develops and sells airway clearance products using High Frequency Chest Wall Oscillation (HFCWO) technology. Its main product, the SmartVest® Airway Clearance System, is designed for home use to assist patients with compromised pulmonary function, particularly those with bronchiectasis. The SmartVest focuses on patient comfort and ease of use, addressing a significant market where only a small percentage of bronchiectasis patients currently utilize this therapy. The company employs a direct-to-patient and provider distribution model, which simplifies the process of obtaining patient referrals, managing insurance claims, and providing product delivery and training. This approach enhances the quality of life for patients and reduces healthcare utilization. Electromed is committed to improving patient outcomes and operates with core values that emphasize customer focus, integrity, and collaboration. The company is publicly traded on the NYSE American exchange under the ticker ELMD.

• Employees180
• Founded1992
• Annual Revenue$61439000
• Total Funding$6800000