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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 LongTerm3on Mar 13, 2023 6:39pm
109 Views
Post# 35336211

RE:Monday Markets

RE:Monday MarketsFirst, it was a flight to quality healthcare companies like Viemed. COPD cases go up every year. 

Next quarter is about seven weeks away. They are helping the VA with staffing at a second location. That says alot about the relationship between Viemed and the VA. Organizations like the VA are slow, but the fact that they have another location is great. The VA has to do something. I had to mention this.

Next is the acquistion that they hired two guys, who have done over 150 deals. Management told them what they are looking for, and prices are coming down. They have been looking for almost eight months, and from the conference call they are getting a lot closer.

To answer your question, it seems every quarter the revenue per patient goes up as they supply more products. At the beginning they were 100% vents. I think last quarter they were 66 percent vents. I assume that maybe they can get to the patient sooner with oxygen, and then move onto vents and other supplies. This way the patient could be with Viemed longer. I am not an expert, but this could be happening.

People don't realize that Viemed Healthcare Staffing is like a second company. They are up to 22 employees. My parents had an employment agency 40 plus years ago, and there is money in that business.

They didn't say there will be a big increase in revenue because the first quarter people can change insurance. I  think they will have higher numbers than they said, but are being careful.  

They own small pieces of other companies they work with so we will see the results. These guys move quickly and are involved with so many things, it is hard to guess what else they will get into.

I guess the two really big things are the VA and buying another company. Both of these can be huge. They lined up the money in advance. 90 million is not a small amount to raise. That shows how they built relationships.




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