Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.

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Quipt Home Medical Corp

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Comment by frankzwhiteon Jan 29, 2014 1:02pm

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Post# 22148294

RE:Patient Home Monitoring Corp. (PHM) Announces it is on Pace

I do not understand why everyone is freaking out. I calculated this very quickly so it could be wrong, but when I look at revenue I see the following approximate numbers: Q3 2013 = $920,000, Q4 2013 = $1,000,000, and Q1 2014 (which is what they referred to in the December news release) = $2,300,000. So, yes there were record revenues. I am too lazy to look at profit, but I imagine they were correct in that it was a record.

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