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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

Post by lscfaon Mar 04, 2021 2:25pm
260 Views
Post# 32716983

Commonwealth ACO

Commonwealth ACOViemed says it has 27,000 patients (7892 vent patients).  Commonwealth has 10,000 patients eligible for Viemed care. That's a big increase not built into Q1 guidance. Maybe it starts in Q2.


One example of new business is the Commonwealth ACO contract signed in the fourth quarter. Commonwealth is a collaboration of independent providers, who are actively seeking to improve the quality of healthcare and decrease the costs for patients living inside of Arizona.

 

ACO is approximately 10,000 patients within their network, and will specifically lean on Viemed to coordinate and deliver care inside of the home to reduce readmission rates. A partnership with an ACO has been a long time goal of the company, and would not have been possible to fulfill had we not had the quality data metrics to present to them.


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