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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

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.


TSX:QIPT - Post by User

Comment by Desi2019on Jan 31, 2021 10:33am
191 Views
Post# 32431087

RE:RE:RE:RE:RE:RE:Some hope

RE:RE:RE:RE:RE:RE:Some hopeTo analyse this objectively though, now in hindsight Nobilis had no predictable business value. As a marketing company supplying patients to surgeons (I'm guessing mostly cosmetic), why would they have a competitive edge than the service providers themselves? It's just not a good business proposition in my view and can easily be replaced or I can see a lot of problems with physician satisfaction of such services. 

Home care is more bread and butter health care - these products and services are ESSENTIAL. It's also very service heavy and not easy for a new player to enter and compete. The worst that can happen with such companies is they grow slower or stop growing. But bankruptcy is just much less likely. Fraud is another issue and not one can predict that of any company successful or otherwise.
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