{"id":515415,"date":"2026-07-08T07:22:08","date_gmt":"2026-07-08T07:22:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/515415\/"},"modified":"2026-07-08T07:22:08","modified_gmt":"2026-07-08T07:22:08","slug":"resmed-rmd-asx-offloads-aged-care-software-business-for-707-million-amid-ai-concerns","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/515415\/","title":{"rendered":"ResMed (RMD ASX) offloads aged care software business for $707 million amid AI concerns"},"content":{"rendered":"<p>Resmed has sold an underperforming software business focused on residential aged care to a US private equity firm for $707 million, about a third less than what it paid for the asset eight years ago, in a move analysts say reflects the risk that artificial intelligence renders it obsolete.<\/p>\n<p>Resmed said the sale of MatrixCare, which provides software used to manage care, nutrition and payroll in nursing, senior living and retirement facilities, to Frazier Healthcare Partners, was part of a strategy to focus on its core sleep health business.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Resmed has sold an underperforming software business focused on residential aged care to a US private equity firm&hellip;\n","protected":false},"author":2,"featured_media":515416,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":["post-515415","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/515415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=515415"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/515415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/515416"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=515415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=515415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=515415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}