RE:RE:RE:RE:Podcast on Viemed: I think the plan is the Covid cf gets quickly replaced with COPD4 cf. the headcount suggests that's where they are positioning.
one thing I did like about Andrew leafs comments was the low capital nature of the model. Just put a few respirators in the RTs cars and give them the list we got from local physicians. Slick and quick. I also like the recognition that this is a service not a DME sale. So it's a relationship. Hence the need for social workers to follow up as part of the VMD team.
What caught my attention most is that this is all becoming a general home medical service. Not bound to COPD necessarily. And 35000$ cheaper than in hospital - whatever those numbers are currently. To the Canadian eye the real benefit does not leap of the page - but in the US the HMO / private physicians network make perfect sense.
I continue to not understand the PE level today. The growth rate might not be 40 over time but is still robust- in an unserved market where there is no effective competition.