RE:News release just out News releases bring investors' attention to the company and its potential for growth in these times.
VMD needs new investors after alienating its hard earned investor base by missing guidance and self-enrichment by management incentive plans.
This opportunity of moving towards virtual care is a blessing in disguise. It allows RTs to service a larger base of patients because travel time is reduced. Patients prefer it to allow them to be better self-isolate except in an emergency. Virtual care will become a new normal and any organization without, the brick-and-mortar, can shift to that easily.
I see hospitals trying to address the crisis by erecting tents on hospital grounds. Yikes. That is such a short-term fix that will eventually lead to virtual home care. Viemed is already there.
A rising share price will also allow VMD to stand out to investors looking to an alternative to other sectors that will suffer in the short term.