Resmed sells MatrixCare to focus on sleep and connected care markets.

Resmed has agreed to sell its MatrixCare business to private equity firm Frazier Healthcare Partners to sharpen its focus on high-growth areas like sleep health and connected home care. MatrixCare provides software for long-term care providers and will continue operating under new ownership. The sale aligns with Resmed's 2030 strategy to reallocate resources toward innovation and growth in sleep and breathing health. The transaction is expected to close in early fiscal 2027, pending regulatory approval.