Globe & Mail 08:03 AM EDT, 04/04/2023 (MT Newswires) -- Quipt Home Medical Corp. (QIPT.V), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, on Tuesday announced that it has executed a national insurance contract with a top five health insurer based on membership in the United States. This represents the second national insurance contract the company has signed since April 2022.
According to Quipt, the company is currently providing cost-effective patient care to over 270,000 active patients across the nation. "Looking across the entire company, I am very pleased with the continued momentum that we are experiencing in the wake of our biggest acquisition to date, which has assisted us in achieving Annualized Revenue of $220 million and Anticipated Annualized Adjusted EBITDA of $49 million," said Greg Crawford, Chairman and CEO.