As of Jan 31st 746 emp: If you reply please just post factsThis was only an increase of three people since last month. Since the end of the 3rd quarter head count has only gone up by 24 people. That is in 4 months time. On the last call they said hiring would slow up while they were going to expand in new areas. Patient count is growing with more access after Covid.
For the last two years they have spent money on people to grow the base in all states. They always made money while hiring all these people. At this point expenses will slow down, while revenue will grow. The 8% CMS increase in January will cover any salary increases, or other costs.
The below objectives was taken from there slide presentation:
Grow active patient base while entering new target markets through geographic expansion
Communicate findings from the growing number of research studies to referral sources and payors in order to save more lives and increase market penetration
Diversify payor base – specific focus of bringing our solution to the VA and commercial payors
Expand technology capabilities in order to capture useful patient data and increase length of stay
Expand service offerings and home-based product offerings through strategic partnerships
Grow our clinical resource recruiting platform through Viemed Healthcare Staffing
Pursue strategic acquisitions and partnerships to augment strong organic growth model