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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

Comment by Moemoney42on Jan 04, 2023 11:19am
323 Views
Post# 35202747

RE:Raised Targets

RE:Raised TargetsThis is what I find to be most appealing in your post retired..

* Leede Jones Gable’s Douglas Loe to $16.25 from $15 with a “buy” rating.

“We continue to be impressed by Quipt’s ability to scale operations without sacrificing EBITDA margin or operating cash flow generation, even with inflationary cost escalation and labor constraints producing operational headwinds across most healthcare services firms, and we expect that trend to continue,” said Mr. Loe. “Key macro factors that should facilitate margin stability include the scheduled increase in CPI-based Medicare funding increases of 6.4 per cent to 9.1 per cent next year, and the elimination of the requirement for respiratory patients to receive physician-endorsed certificates of medical necessity before actively seeking out home-based respiratory care, a long overdue initiative that should enhance Quipt’s annual patients served.”

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