Tackling an Underdiagnosed Disease State with Jim Cunniff, President and CEO of Electromed (NYSE American: ELMD)
Description
My guest on the show today is Jim Cunniff, President and CEO of Electromed, Inc. (NYSE American: ELMD). Electromed is best known for its main products, the SmartVest, a medical device that helps people with a chronic lung condition breathe easier and have a better quality of life. After working at Baxter and Stryker, Jim became CEO in 2023 and has brought a new level of focus and urgency to the Electromed. In this conversation, covered:
- Why Jim decided to take the CEO role at Electromed;
- What is special about the SmartVest, as well as the drivers of growth;
- Why Bronchiectasis remains an underdiagnosed condition;
- What he has learned from being an operating partner at Shore Capital; and
- How the company generates 70%+ gross margins.
For full disclosure, I am not an Electromed shareholder. For more information about Electromed, please visit: https://investors.smartvest.com/overview/default.aspx
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