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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 besttobeon Feb 02, 2022 8:58am
240 Views
Post# 34388464

Headwinds discussed during CC....

Headwinds discussed during CC....1. Negative effect of inflation on margins even with 5% raise in medicare fees. Medicare is just a portion of revenue. The 5% raise is not on all revenue. Clarlito was corroect. Dumbass ISFCA was wrong. 
2. Covid constraints has caused the delay of 8000 set up's vrs the normal 1000. 
3. The Philips recall is causing lack of product to sell to meet demand. 
4. They are seeing labor constraints due to tight labor market. 
5. LOI's in limbo
6. LOC in limbo
7. Q1-22 sounds like a bust. "Same old"
8. etc etc..... 

Great CC questions by analyst's but the answer not so good. IMO. 

GLTA

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