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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Bullboard Posts
Comment by MBAon May 05, 2020 9:34pm
397 Views
Post# 30990849

RE:Beacon raised estimate to 15.50 Canadian, was 12.50 Canadian

RE:Beacon raised estimate to 15.50 Canadian, was 12.50 CanadianYup, all looks good for VMD.  No competitive bidding for 3 years on vents, broader & stronger relationships with hospitals and others, improved processes with CMS, and Viemend now has got everything in place to move forward with the VA.  The $20 million in additional product sales for Q2 is a done deal with some potential for upside on product sales for the balance of the quarter.  Only negative was the slower growth in their core business due to the current environment (social distancing, and hestitation to travel related to hiring more RTs and training).  The latter slower growth was offset with the $21 million in additional product sales due to Covid.  Not to mention, the additional cash from the Federal Covid funding.  In summary, all good and the company continues to grow.  I would of liked more transparancy of products related to product sales however I respect the company's desire to keep this information confidential as this is a competitive marketf.  Even a modest 10% margin brings in an additional $2 million.  Record EBITDA numbers was big in terms of valuation and I'm not surprised on the improved margins.
Bullboard Posts