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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 Oct 06, 2021 4:05pm
113 Views
Post# 33974887

RE:RE:RE:question

RE:RE:RE:question

This downslide can all be reversed with some major contract wins. VMD has only 8,000 vent patients. 

 

Doug Cooper:
Okay, finally just a couple things and maybe Casey on the VA. Can you just remind us how many patients are in the VA that could be applicable for your therapy?
 
Casey Hoyt:
We don’t have an exact number on the COPD patients in there Doug, but I know there’s 9 million patients that are inside of the VA system, so when it gets down to how many COPDers, that’s that number that we’re missing, but we’ve always kind of just pulled off a swag that anywhere between 200,000 and 600,000 of our patients are probably inside of the VA that need it. I mean for sure we can see it with our boots on the ground that they have problem right now with these patients going in and out of the hospital being placed in BiPAP and really being incorrectly treated and it’s just a revolving door of admissions.
We can see the problem; there’s not much parking spots in the parking lot. We have a solution for their parking problems, and we just have to get out there and communicate it and make sure that the clinicians know that this service is available for them.


JackLambert wrote:

Excellent slide.  Points well made. 

But as Chuck Noll once said - when you're losing all the bad things they say about you are true.  

Give it a while. 



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