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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 Sep 20, 2024 7:30pm
121 Views
Post# 36234199

RE:RE:QIPT-VMD

RE:RE:QIPT-VMDThere really is no basis for this belief.  Its more of a "hope".  We don't really know the scope of the potential issue.  We do know the company is spending a lot on legal fees and that this has been going on for ~9 months now...so clearly the DOJ is doing a lot work.  Given QIPT has debt, it makes it an issue as these types of judgements/settlements are usuallly triggers in a credit agreement.  perhaps you should read it!
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