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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 KarlGibbonson May 19, 2024 8:26pm
79 Views
Post# 36048247

RE:Question

RE:QuestionQIPT will be responsible if there is any wrongdoing.  That is part of due diligence.  There are indemities associated with deals but usally short term (< 12 months) and once expired, offer no recourse.  This is a core part of due diligence in this sector when doing M&A so the onus was on QIPT management.  Unfortunately, the broad shareholder base is paying the legal fees, not management or board members.


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