Viemed Healthcare Inc VMD

Healthcare

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

Viemed Healthcare Inc > Foot in the door

<< Previous

Bullboard Posts

Next >>

Comment by lscfaon Jul 07, 2021 3:22pm

180 Views

Post# 33506558

RE:Foot in the door

from Rotech prospectus:

Contracts with the VA that generated approximately 12.4% of our revenue in 2020 will expire in 2021 unless further extended.

lscfa wrote:

Viemed's contract with VA may be bigger deal than first thought. FYI, Rotech does $750 million in revenue per year.

Rotech has provided Home Oxygen and Durable/Home Medical Equipment services under contract to the Department of Veterans Affairs for over 20 years. Rotech’s longstanding relationship with the VA gives them the opportunity to partner with Avenue Mori Medical Equipment, Inc., a Joint Commission-accredited and Service-disabled veteran-owned Small Business. The two companies have established a partnership to service VA contracts under a Small Business Administration-approved mentor-protg/Joint Venture agreement.

https://www.rotech.com/joint-venture/