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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 HatrikSeLaineon Nov 22, 2021 11:36am
438 Views
Post# 34153071

Love this transaction and update on Credit Facility!

Love this transaction and update on Credit Facility!This is a great news story all around.   4 new states, under a nice tuck in which is every bit as accretive as prior announcements of last week.   I also in particular like the mention of seeking $100 M in total credit facility.   This should all but eliminate concerns about the recent shelf prospectus.   They seem to be very determined to NOT further dilute the stock or to enter unfavourable financing terms in order to fuel forseeable acquisitions.  They'll only tap into the prospectus if the ultimate 'transformative' opportunity comes along.   Well done Crawford and team!
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