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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

Comment by LongTerm3on Jan 02, 2021 1:06pm
1169 Views
Post# 32209566

RE:2020 - My take

RE:2020 - My takeI am only going to go over your negative comments. I agree with your other stuff you said. Let's set the record straight:

Core growth for the last year during Full Covid was increasing:

Dec 2019 Quarter       21.4M

March 2020 Quarter   22.8M

June 2020 Quarter     23.1M

Sept 2020 Quarter     24.9M

Dec 2020 Quarter      26M    estimate

The "track record of growth was never on life support" as you can see above. This company is growing during Covid and started getting into selling vents, PPE supplies, Remote Patient Monitoring, and Contact Tracing. Most companies' revenues went down, Viemeds didn't but only grew. They adapted into other areas.

I see no slowdown in core business, and over 32 Million in Cash. 

The stock price is being manipulated and there is nothing the company can do. Some companies put out lots of meaningless press releases, and some don't. Viemed doesn't which is frustrating.  The employee count just keeps on growing as the cash grows. These guys don't waste money, except on their high salaries. 

They were not doing a Shelf offering. If they were, they would put out a release. Lots of companies file shelf registrations to use down the line. This registration could have been part debt so they don't dilute the stock. After they filed the shelf offering people panicked , and the next quarter they explained it was for an acquisition. That is a plus. I'm sure there are companies that they can buy on the cheap because they didn't get int other areas, and technology.

I expect vent sales may go on another six months into 2021, but maybe at a slower rate. I think PPE sales could go on all during 2021.

Someone mentioned they don't use gloves during giving vaccines. I checked with a friend who is a doctor, and the person giving him the shot wore gloves.

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