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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

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.


TSX:QIPT - Post by User

Post by Tropicalsunon Aug 23, 2021 8:02pm
178 Views
Post# 33752930

A Good CEO

A Good CEOknows that your company is only as good as the team leading the charge, right from the top down. He or she also recognizes the timing to reasse the work load, or possible problem area's, then go out and hire great people to get the job done. Obviously trust and confidence are key in filling top management positions. 

The team over at Viemed has done a good job, but are lacking in humility, creating shareholder value has given way to lining their own pockets first and foremost. They also lack communication and transparency at times, most companies do. The boys at VMD should take a page out of the QUIPT book on how to reduce bad debt, nothing against Viemed, good company that has fallen out of favour. In my view Crawford appears to be more humble, at least at this point in time, he has done a very good job at creating shareholder value.

Okay enough praise, back to the business in front of us. Growing the company, continue expanding that foot print, growing the much talked about QUIPT brand, cross selling product in these new area's, becoming that national go to name in the U.S. That I believe is the Crawford vision, which is starting to unfold in my view. Interesting to look out even 2 years from now, that is of course if the company doesn't get taken out.
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