Viemed Healthcare Inc VMD

Healthcare Medical Care

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).

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Viemed Healthcare Inc > Great st Quarter Results:

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Comment by lscfaon May 09, 2023 11:41am

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RE:RE:Great st Quarter Results:

As usual explanations are left to the Conf. call when analysts drill mgmt for answers. This is a bozo IR practice. Apparently commissions to sales people are a one-time expense in the month the sale is made so Q1 SG&A is high due to a lot of sales activity.

lscfa wrote: SG&A up over $2 million from last qtr with only 22 new employees. What the hell else are they spending money on? Mgmt explanation is inadequate.