Post by
LongTerm3 on Jul 05, 2022 1:24pm
Total Employees 718 up from 693 last month:
Viemed hired 25 people in one month. YTD they hired 62 people. It looks like they needed more people because they are growing, and Covid is not hindering them. It's amazing they can keep up this pace.
Comment by
LongTerm3 on Jul 05, 2022 1:30pm
One more note, as I said before these guys would not spend a $1.00 if there wasn't a need. They updated their website.
Comment by
JackLambert on Jul 05, 2022 2:06pm
1. This is enough headcount to sustain another $4,500,000 of revenue. 2. At an average of ten per month so far I would definitely think 800 is achievable by year end 3. But I fear Covid will be back soon.
Comment by
JackLambert on Jul 05, 2022 2:08pm
And 4. 60 extra implies 30 more RTs. Which is about 1200 patients. Is 10,000 patients possible by December.
Comment by
LongTerm3 on Jul 06, 2022 3:25pm
Jack, You mentioned 800 employees a while back. I didn't think it could happen by year end, but I do think it is possible.
Comment by
JackLambert on Jul 06, 2022 5:03pm
Yeah I'm hopefully. 800 staff might imply 400 RTs. At 30 patients per head would be 12,000 patients. The capacity is there.
Comment by
LongTerm3 on Jul 06, 2022 5:05pm
On the call in June he said 50 to 60 per RT.
Comment by
JackLambert on Jul 06, 2022 8:44pm
At full capacity yes. Right now seems like 30 or so per RT. The teams are certainly still being hindered by the pandemic and will be for a while yet. We have the ability to ramp up business quickly and experienced staff are building out the national network.
Comment by
stockfy on Jul 08, 2022 7:18am
Thanks for these facts. Common sense that they are growing their core revenue!