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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

Post by westcoastloggeron Sep 20, 2024 10:18am
174 Views
Post# 36232967

QIPT-VMD

QIPT-VMDIn May of 2021 the OIG in the US opened an investigation of VMD on questions over billing and Hoyt said see you in court and for the next 10 months the stock meandered down from the 10-11 range to the 3.50ish area. When VMD was cleared of the charges 10 months later the stock then meandered back up to the 11-12 dollar range over the following year. The exact same thing is happening with QIPT and the DOJ take their sweet time with these investigations. Nothing we can do about it other than accept the gift and buy, buy, buy at these levels. In my opinion of course. 
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