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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

Comment by besttobeon May 29, 2021 8:05am
142 Views
Post# 33292132

RE:RE:RE:RE:RE:History behind last rate cut, when inspector general whined.

RE:RE:RE:RE:RE:History behind last rate cut, when inspector general whined.IMO..What CMS's decision is regarding the audit results remains in limbo. The audit is material, thus why VMD released the NR regardng it's findings. I assume if CMS planned to do nothing, and it was a non issue, the company would want that in writing from CMS, than release an NR to end all doubt and confusion. It is material.

The mere fact you guys are discussing whether it is an issue or not, demonstrates it is still in limbo. Plus the RBC report said it was in limbo and expect volitility. (re read their report.) The gov't works and makes decision very slowly. i assume they are reviewing all aspects of the audit to respond to it. Once the review is completted , their decision will be made public. Then I assume, VMD will release an NR. So this could take awhile, before a decision is made and this issue is resolved. For now it is in limbo and will cause volitility, due to market dislike of uncertianty...IMO
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