Post by
LongTerm3 on Aug 10, 2023 9:21pm
Employee Count: 993
As of July 31st Viemed has 993 employees, which is up from 974 last month.
This company can't slow down. They grew the company while making the acquisition of HMP.
I think on the call, they said they are up to 113 sales reps.
They will cross sell with HMP. Train HMP employees the Viemed way.
No supply chain issues.
VA is hiring from the Staffing division.
More accreative acquisitions on the horizon.
Competitive bidding should be a non issue through 2025.
No worry about recession. Healthcare is reccession proof.
Only 60% vent revenue, and going down more. More Products.
Revenue higher than Expenses.
Expenses paid from Cash Flow.
Paying down debt, even though small number.
Partnerships with hospitals.
Oxygen, Sleep, and Staffing growing bigger.
Great Organic growth continuing, with 700 more patients from last quarter. About half came from HMP.
EBITA up 52%.
Estimated 50 million in revenue the next quarter, and growing.
I'm Longterm.
Comment by
westcoastlogger on Aug 11, 2023 8:58am
Yessireee. Like I've always said. Buy and hold. Some posters around here cant come to grips with that and have hissy fits when the stock falters. Cant see past the end of their noses as far as I'm concerned.
Comment by
westcoastlogger on Aug 11, 2023 9:59am
On the VA front Hoyt mentioned that they were hiring staffing and that aspect was positive I suppose, but the VA is the VA and its government and it plods along like Biden at its own pace is the feeling I get he was trying to convey.