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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

Bullboard Posts
Comment by Beeker77on Nov 13, 2016 4:43pm
212 Views
Post# 25454836

RE:Help

RE:HelpThe company at present time is being pulled in two totally different directions, the sleep and monitoring divisions and the patient aid division.  The original idea of a lot of the prior acquisitions was to gain patient lists.  In the US it is unlawful to contact new patients, you can only contact people if you have had business with them in the past.  Extremely hard to get customers if you can't even send them a flyer in the mail.  So when they did the acquisitions they also get the client list, therefore organic growth.  It worked at the time, but now the logistics are just to great deal with.  Makes lots of sense in the end, especially since the sleep division is growing so fast.
Anyway jmho
Bullboard Posts