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.

TSX:QIPT - Post by User

Quipt Home Medical Corp > Raymond James expects 30mil equity raise - dilution coming?

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Comment by lscfaon Jan 10, 2023 2:50pm

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Post# 35214051

RE:RE:RE:RE:RE:RE:RE:RE:Raymond James expects 30mil equity raise - dilution coming?

Beacon comment:

The CPI positive price adjustment of ~8% on Medicare and contracts tied

to Medicare that took effect January 1, 2023. This will impact ~40% of QIPT’s revenue but also ~35-40% of Great Elm’s business. 8% of $220 million equates to $6-$7 million of incremental revenue over-and-above that $220 million level. Given the higher costs (ie. labour, equipment) have already been reflected in its FY22 results, such incremental revenue should have a very high flow through to EBITDA.

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