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Change Of Plan: Medtronic Drops Ventilators, Keeps Monitoring, Forms New Unit

 
• By Reed Miller

Medtronic will stop producing ventilators and combine the rest of its patient monitoring and respiratory interventions business into a new business called acute care and monitoring. The company had previously announced plans to divest all of the patient monitoring and respiratory intervention business.

The screen of a Puritan Bennett 980 ventilator is seen in this file photo.
Puritan Bennett 980 ventilator • Source: Medtronic

Medtronic will get out of the unprofitable ventilator market but – in a shift from its previous plan – has decided to stay in patient monitoring.

After it exits the ventilator business, the rest of Medtronic's patient monitoring and respiratory interventions (PMRI) will form a new unit called acute care and monitoring (ACM), the

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