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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Comment by ramman1on Apr 20, 2024 9:23am
111 Views
Post# 35999433

RE:RE:Fundamentals

RE:RE:FundamentalsAgree 100 % .---------   Bagholders here think that any observations are bashing ,they can't see anything other than what the investment houses say ,as they get ''walked down the garden path''.------  Reality is, and I don't know how one calls it bashing , (1)  Costs ''away from operating'', are 20-25% too high. Management wages/benefits/ rent costs for example . (2)  Company is not concentrated enough, too rural ,strung out . Servicing only 250000clients in 26 states runs up operating costs sky high to cover that geography with that few clients.---  This business is not Amazon, where a piece of medical equipment ''just arrives at the door''.  Every adjustment , every new piece,  or medical device part has to be administered by a qualified individual. That costs a lot of money ,when a tech drives 50 miles to replace a $10 part. --Thats REALITY  , and that's not bashing .
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