Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare Medical Care

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It 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.

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Quipt Home Medical Corp > CMS SHARES BID PRICING FOR ROUND 2021

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Post by lscfaon Jan 18, 2021 3:47pm

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Post# 32322037

re: CMS SHARES BID PRICING FOR ROUND 2021

Wow, no replies to this news. My 2 cents.....

CMS finally revealed the 2021 bidding results last friday. The market bids were way above currently approved reimbursement rates. No wonder the SOBs decided to not proceed. I suspect vent bids were probably above approved reimbursement rates too. I expect the industry is going to lobby for increases to reimbursement rates on the grounds that current rates are below market rates which will cripple small operators and reduce access to care by patients.

https://www.hmenews.com/article/cms-shares-bid-pricing-for-round-2021

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