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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 jomen1789on Jan 03, 2021 1:41am
388 Views
Post# 32210844

RE:RE:RE:RE:2020 - My take

RE:RE:RE:RE:2020 - My takeYep, the core business is going to experience superb growth in Q2 2021 for the reasons you listed.

Until then, Q1 2021 will still experience a nice tailwind from continuing covid related sales as the medical facilities and average citizens need as much PPE as possible during the contagious cold season, until the vaccine is delivered in vast quantities.

I heard that right now, there are distribution snafus; the vaccine is starting to get available but it's just not transmitted into the hands of health professionals. Maybe this is due to holidays slowing distributio and organization down.

So Q2 2021, we got from 50% of accessible hospital/clinics to 90-100%.

Coupled with the increased referral ratio from doctors who see home healthcare as the first choice, core business is going to grow very well, even better than in Q3 2020 when core business revenue grew by 8% (despite only 50% of hospitals being open to them!)
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