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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

Post by LongTerm3on Aug 10, 2023 9:21pm
201 Views
Post# 35583029

Employee Count: 993

Employee Count: 993As of July 31st Viemed has 993 employees, which is up from 974 last month.

This company can't slow down. They grew the company while making the acquisition of HMP.

I think on the call, they said they are up to 113 sales reps.

They will cross sell with HMP. Train HMP employees the Viemed way.

No supply chain issues.

VA is hiring from the Staffing division.

More accreative acquisitions on the horizon.

Competitive bidding should be a non issue through 2025.

No worry about recession. Healthcare is reccession proof.

Only 60% vent revenue, and going down more. More Products.

Revenue higher than Expenses.

Expenses paid from Cash Flow.

Paying down debt, even though small number.

Partnerships with hospitals.

Oxygen, Sleep, and Staffing growing bigger.

Great Organic growth continuing, with 700 more patients from last quarter. About half came from HMP.

EBITA up 52%.

Estimated 50 million in revenue the next quarter, and growing.  

I'm Longterm.


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