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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 ramman1on Nov 22, 2022 1:56pm
211 Views
Post# 35119367

RE RE ; Analyst comment

RE RE ; Analyst comment Generally well run ,however just too much geography between clients in many of the operating areas . Looking into the situation as I have found out , there are many instances where support staff and technicians drive 80- 100 km  to repair/replace $ 10  diaphrams or small scale items,whether it be respiratory or mobility . . The ''tuck-in '' mode has worked well to diversify and move into new areas , however the  large client concentration in many of those areas still has not developed. You just cannot make money employing a technicial with vehicle for half day to repair $ 10  client items. --The way I see it . Exited my remaining small position , making money along the way , ''albeit'' ,not to the potential I had wished. 
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