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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 lscfaon Apr 13, 2021 8:13pm
703 Views
Post# 32990259

RE:Ifsca; I'm not so sure you "found it"

RE:Ifsca; I'm not so sure you "found it"

You misread my post. The question was about quantifying the impact of an increase in oxygen reimbursement rates. The answer by Crawford in the Sidoti Conf. was a few hundred thousand dollars. Using his own no.s it could be closer to 1/2 million dollars. Also, he did not mention that private insurers usually follow CMS' lead.  

23% oxygen x 40% medicare x 5% rate increase x ~ $100 mil/yr revenues => $460,000. 


gibbonsj wrote: "It" being the reason why sp has pulled back. Sidoti Conf was March 24/25. Are you thinking it took the market 2-3 weeks to respond? Volume and sp action after Sidoti was very favourable, was it not the  begining of the longest sustained OTC volume run in our US side history?

I think the answer is so much simpler, sp got ahead of itself and low volume unil approx 11am session after session made it all too simple to knock sp around and in many cases end the day with a sell signal. Besides VMD has been pulling back as well.

 

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