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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 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 Trademark11on Feb 06, 2018 8:59am
85 Views
Post# 27509680

RE:Telehealth generates $3000 US per Patient

RE:Telehealth generates $3000 US per Patient Thank you for that post 2j3kl.  Great find!

This statment is of particular interest:

“The study found that for each episode of acute respiratory infection, the cost of telehealth services were about 50 percent lower than a physician office visit and less than 5 percent the cost of a visit to an emergency department,” the RAND researchers said. “However, the savings from substitution was outweighed by increased spending on the new use of medical services. The study estimates that net annual spending on acute respiratory illness increased by $45 per telehealth user.”


They authors are speaking to overall savings to the American health care system.  PHM (and as a corollary VMD) will be the provider that is  both benefiting from the ecomonics of  telelhealth to improve margins, and also be the one to further supply the extra $45 increase in annual spending per telehealth user on new medical services..  A double win so to speak.

Excellent research 2j


Bullboard Posts