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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 lscfaon Aug 04, 2021 6:55pm
292 Views
Post# 33652498

RE:CC transcript

RE:CC transcript

Sounds like Q3 guidance is conservative to me...
 

Brooks O’Neil
Great, and would you say—and maybe just following up on the last set of questions, would you say your guidance, does it feel conservative to you, or do you think it's a realistic guidance for the back half given what you're seeing in the marketplace now?
 
Todd Zehnder
Well, it feels realistic right now, Brooks. I mean, obviously, the pandemic changes every day. We all know that, so we have to factor that into our expectations. With that said, June was the highest month of patient upload—or for—I'm talking vent specifically—patient uploads since the pandemic began, and July outpaced that probably by about 3%, so July is the highest patient upload that we've seen, I think, since either January 2020 or December 2019, so those are very positive trends. If you stack up 5% patient growth—I'm not saying we're going to do that in the third quarter, necessarily, but seeing that in the second quarter, that gets you back in line to our historical numbers when you start going like that sequentially. So, we put a lot of different factors into our guidance. I'm not saying it's sandbagging by any means. We just have to factor in the surges that are happening around the country right now, which we hope are going to be, I guess, under control with some of the precautionary measures that are being taken.




 

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