2015
ANNUAL REVIEW

JOHN J. GREISCH,
PRESIDENT AND CEO

2015 was a remarkable year for Hill-Rom – one of the most successful in our 86-year history. We reshaped our business, significantly expanded our portfolio and meaningfully increased the value we bring to our customers. We posted record financial results, driven by the strength of our recently acquired businesses and continued growth in our legacy businesses. The centerpiece of the year was our acquisition of Welch Allyn, which brings together two medical technology leaders and will now allow us to offer customers solutions that cross the entire continuum of care.

In a year of full of accomplishments, I am proudest that our company remains singularly focused on our mission even as we grow. It’s a commitment that directs, motivates and challenges each of us at Hill-Rom. It is our compass when making decisions and the measurement that most accurately reflects our success:

Every day, around the world, we enhance outcomes
for patients and their caregivers.

We are gratified to know that our successes in 2015 further advanced our mission and set a course toward even greater impact in the years ahead.

2014 Annual Review | Hill-Rom®
2014 Annual Review | Hill-Rom®

revenue increase,
constant currency

(17.3%) adjusted earnings per share increase

(13.4%) North America segment revenue increase,

constant currency

24%
17%
13%
WELCOME TO OUR 2015 ANNUAL REVIEW

IN 2015, HILL-ROM ACQUIRED WELCH ALLYN, BRINGING TOGETHER TWO OF THE WORLD'S LEADING HEALTH CARE TECHNOLOGY COMPANIES DEDICATED TO SERVING PATIENTS AND CAREGIVERS AROUND THE WORLD.

For a century, Welch Allyn has supported patients and caregivers with a diversified portfolio of devices that assess, diagnose and manage a wide variety of illnesses and diseases. Welch Allyn is the only company focused on meeting the needs at the ”front line of care” – doctor’s offices, hospital emergency rooms, clinics and skilled nursing facilities – where 95 percent of all patients seek treatment. From stethoscopes and thermometers to blood pressure cuffs and extending far beyond, almost every patient interaction across the continuum of care involves a Welch Allyn diagnostic device.

Combining Hill-Rom's leading position in hospitals and operating rooms worldwide with Welch Allyn's leading position in point-of-care diagnostics and testing expands both companies' ability to help health care providers deliver patient care solutions that improve clinical and economic outcomes. Together, Hill-Rom and Welch Allyn offer a wider range of innovative solutions to a global customer base.

Welch Allyn has a portfolio of diagnostic devices that capture both vital signs and cardiopulmonary information and transmit the data to

many leading electronic medical record systems directly or through Welch Allyn software. Physicians and hospitals rely on patient-friendly devices that produce accurate clinical information for use with electronic databases. As Hill-Rom continues to move into patient sensing at the bedside and in the operating room, this deep expertise and Welch Allyn’s complementary products will yield advanced, integrated smart solutions throughout the hospital and beyond. The combined company will provide customers with solutions that deliver patient-centric care across settings, using tools with strong interoperability, proven clinical relevance and established cost-effectiveness.

In recent years, Hill-Rom has aggressively pursued external growth opportunities to build a stronger, more diversified organization with the scale, resources and geographic reach needed to support health systems around the globe. The addition of Welch Allyn is a significant step in that transformation, strengthening both organizations’ ability to enhance outcomes and deliver for customers worldwide.

2500

Employees in 26 Countries

$700

Million in Revenue

LEADERSHIP IN THE CLINIC: WELCOME 
WELCH ALLYN

FOR A SALES PERSON, THE HIGHEST MARK OF CONFIDENCE IS TELLING A CUSTOMER THAT YOU WOULD CHOOSE A PRODUCT FOR YOURSELF. FOR TWO MEMBERS OF THE RESPIRATORY CARE TEAM, THAT ENDORSEMENT ISN’T A HYPOTHETICAL – IT’S EXPERIENCE.

WHEN THE PROFESSIONAL
BECOMES PERSONAL

 

2015 saw Hill-Rom continue to introduce innovative solutions to support patients and caregivers.

SOLUTIONS
ACROSS THE 
CONTINUUM
OF CARE

Our teams are constantly looking for new ways to reduce, reuse and recycle. Reducing or eliminating waste and continuously improving our business activities is a core commitment. Through trade-in or buy-back many of our products can be refurbished and returned to the market rather than discarded to a landfill. Hill Rom routinely recycles thousands of pounds of plastic, copper, aluminum, steel, batteries, aerosol cans, wood, coolants, oils, cleaning solvents, fluorescent light bulbs, electronic components, cardboard and office paper. In addition, we are continuing our efforts to replace outdated equipment, install energy efficient lighting and improve energy management systems at our manufacturing. Through these and other efforts, we continued our efforts to responsibly manage our environmental footprint in 2015.

PHILANTHROPY

Through our signature program, Hill Rom’s Hospital Beds for Humanity®, our employees recondition and repurpose medical equipment for distribution to hospitals and other health care facilities around the globe where there is urgent need for Hill Rom’s products. In 2015 we donated more than 5,100 pieces of medical equipment, including hospital bed frames, surgical tools and other supplies, to organizations in countries such as Mongolia, Cameroon, Ghana, Sierra Leone, Guatemala and Ecuador.

In addition to our equipment donations, our company proudly supports the American Red Cross in its work to provide services to victims of disasters. At a local level, our employees volunteer thousands of hours each year to local organizations that are vital to their communities. We proudly support their commitment and in many instances help extend the impact of their efforts with matching company support.

Committed to Our Communities

Hill-Rom is dedicated to contributing to the well-being of the communities in which we live and work. We provide medical equipment and supplies to institutions in need in developing parts of the world, support a wide array of local organizations through volunteer and financial donations, and ensure our environmental footprint is responsible and actively managed.

6,000

TONS OF
METAL RECYCLED

1,900

TONS OF CARDBOARD RECYCLED

5,100

PIECES OF EQUIPMENT DONATED

CITIZENSHIP

AVAILABLE DOWNLOADS

2015 ANNUAL REVIEW

2015 ANNUAL REPORT

Hill-Rom Corporate Offices  |  Two Prudential Plaza, Suite 4100, 180 N. Stetson Avenue  |  Chicago, IL 60601

(312) 819-7200

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