Viemed Healthcare Inc VMD

VMD publishes study demonstrating the benefits of NIVH

[davgro]

LAFAYETTE, La., July 05, 2022 (GLOBE NEWSWIRE) -- Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD and TSX:VMD.TO), a national leader in respiratory care and technology-enabled home medical equipment services, announced a third peer-reviewed and published study demonstrating the benefits of non-invasive ventilation at home (“NIVH”). The study, titled “Early Initiation of Non-Invasive Ventilation at Home Improves Survival and Reduces Healthcare Costs in COPD Patients with Chronic Hypercapnic Respiratory Failure: A Retrospective Cohort Study” was published in Respiratory Medicine, an internationally renowned scientific journal devoted to respiratory medical research.

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https://www.globenewswire.com/news-release/2022/07/05/2474404/0/en/Viemed-Announces-Publication-of-Peer-Reviewed-NIVH-Study-Finding-Treatment-Reduces-Healthcare-Costs-and-Saves-Lives.html

[Tropicalsun]

So this is the third published study where measureable medical research shows that lives are saved, hospital readmission is reduced and money per patient is saved. Now it may not be a huge amount of money being saved, but the main objective should be that it saves lives and keeps these patients out of the hospital. Can someone explain to me what Viemed is expecting to achieve with these studies

[lscfa]

Co. should be doing a study of NIVH vs BiPaP if it wants more docs to prescribe NIVH.      Throughout its comments Sleep Management contends that the NHV is inherently better than other devices at providing respiratory assistance, but studies have shown that an NHV is not medically necessary in many circumstances. [footnote 45] Medicare requirements obligated our medical

[besttobe]

Tropic wrote "Can someone explain to me what Viemed is expecting to achieve with these studies? " Too justify their core revenue NIV for growth.  Also to avoid the penalty they continue to face now and in the future for over subscibing NIV per OIG report. They are still exposed to losing approx/est of $9 mil cash in penalties for over subscribing now. At this time, they are waiting

[LongTerm3]

By the last three posts, you guys have a complete understanding of what Viemed does.  Disclosure - I am long for years. Why don't you short the stock for your account?

[Tropicalsun]

LongTerm3, is there a problem with my post? I was being sarcastic about how many of the same studies have to be written before people understand the benefits to non invasive vent treatment.  Disclosure - I am long on the stock also, who really cares how long either of us hold the stock? You clearly have a huge bias towards the company, any negative comments and you quickly get your panties

[JackLambert]

Tomorrow we might see $6US and $8 Canadian. 

[stockfy]

The purpose is two fold. This report is another key argument that supports VMD during the OIG report. Additionally, it opens the road for new contract wins.