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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

Post by SBAASTOCKS11on Jul 27, 2021 8:59am
579 Views
Post# 33609252

USA Today Article

USA Today Article

Breathe easier, stay healthier with Quipt Home Medical respiratory care

Company delivers equipment such as ventilators and CPAP machines to individual doorsteps

Quipt Home Medical helps treat health issues with in-demand services, specializing in providing ventilators and breathing aids, such as CPAP machines to help sleep apnea patients.

Confronting a global pandemic has brought the importance of health to the forefront of our everyday lives. Over the past year, the well-being of our families, the region and our country carried critical significance. Today, ensuring good health continues to be essential and that begins at home.

One home medical company stands out in an industry that rarely sees innovation. Quipt Home Medical, formerly ProTech Home Medical, is there to provide the equipment people everywhere need to breathe easier.

As demand continues to rise, the company is poised to become a leader in the home respiratory market as thousands of providers are actively consolidating.

Find out more about how Quipt Home Medical is working to become a national provider and energize a stagnant industry — at just the right time.

Meeting today’s health care needs

Our post-pandemic future means some things will stay the same. Namely, patients will continue to seek out telehealth options, traveling less and staying home more because of effective home care. And as serious health conditions, such as chronic obstructive pulmonary disease and obesity, that require respiratory aids continue to increase in the United States, along with a growing number of elderly patients, medical equipment has never been in higher demand.

From mobility assistance to airway management equipment, the many health challenges that patients and health systems face can be solved with a single solution for their equipment needs: Quipt Home Medical is there to help treat health issues with in-demand services.

Quipts strong customer base results in the delivery of nearly 250,000 pieces of medical equipment.

As the need for respiratory equipment continues to grow, Quipt specializes in providing ventilators and breathing aids, such as CPAP machines to help sleep apnea patients. This increasingly common condition has increased as much as 70% over the past 25 years and continues to be a subject of research by the National Institute of Neurological Disorders and Stroke.

Obesity remains an underlying factor in the development of breathing disorders and as the epidemic continues its ascent in the United States, so does the number of patients in need of respiratory help. According to the Centers for Disease Control and Prevention, obesity and excess weight will continue to be a risk factor for severe illness from COVID-19, requiring breathing aids, such as emergency ventilators.

COPD is another rapidly growing health issue requiring oxygen therapy at home. Quipt Home Medical provides rental equipment — from BiPAP and CPAP machines to oxygen concentrators and ventilators — maintained to the highest quality standards.

Quipt uses subscription-based model and the companys platform leverages technology to provide an efficient ordering process that sets patient satisfaction as its No. 1 goal.

Quipt’s flexible rental options enable patients to obtain equipment without any upfront investment. Quipt also does not require patients to secure the services of a respiratory therapist to obtain necessary equipment. The company also has the capability to provide ventilators for a wide range of facilities — from a 25-bed nursing home wing to any place that requires a ventilator on hand for emergencies.

Quipt’s flexibility is just another way this top respiratory health provider will continue meeting the needs of today’s customer.

How Quipt is different

Headquartered in Wilder, Kentucky, Quipt Home Medical became a premier provider of clinical respiratory equipment thanks to its in-demand offerings, efficient delivery costs and innovative technology. Serving 130,000 patients across the region, the company’s goal to become a national provider is within reach.

Its growing network consists of more than 17,000 referring physicians across the country and abroad. Annually, this strong customer base results in the delivery of nearly 250,000 pieces of medical equipment. Consistent, reliable revenue is generated with a subscription-based model and the company’s platform leverages technology to provide an efficient ordering process that sets patient satisfaction as its No. 1 goal.

That’s another reason why thousands of physicians, who are seeking to improve clinic efficiency without sacrificing patient care, are turning to Quipt. In today’s health care environment, meeting needs at home will remain a top priority as the country shifts its focus on post-pandemic care and continued wellness.

Discover why so many are choosing to invest in Quipt Home Medical, a durable medical equipment provider that is poised to capture this profitable market.

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