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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

Comment by HatrikSeLaineon Sep 02, 2021 12:47pm
317 Views
Post# 33801113

RE:Something To Ponder

RE:Something To PonderIts definitely something I continue to come back to as well having owned the original PHM since 2013 and benefiting tremendously from the spin off of VMD + PTQ.  They are both growing revenue in the areas of; oxygen therapy, CPAP, ventilators, at home treatment of chronic illnesses, enhanced technology, seeking new partnerships with VA/local clinics etc.  QIPT is also slowly moving away from the durable equipment arena which VMD has more or less already accomplished.  VMD has the geographic footprint expanded to many more states, and QIPT has publically indicated their interest to grow through their geography via acquisitions/contracts into new states.   Its an obvious fit with lots of easy synergies if they could ever make it work.   My feel is that they either come up with the deal on their own one day, or they inevitably end up merging anyhow through a bigger player taking both of them out in due course.    Either way, both companies have a bright future with many opportunities to gain efficiencies along the way.
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