Viemed Healthcare, Inc. (NASDAQ: VMD)

Viemed Healthcare, Inc. is a provider of home medical equipment and post acute healthcare services in the United States with a focus on respiratory chronic care and women s health products and services. The company delivers in home treatment through clinical practitioners who provide therapy and counseling to patients using technology enabled solutions. Its goal is to increase the number of patients served and the level of care delivered through a technology enabled home based clinical care and chronic disease management model. Viemed s services aim to treat patients at home for lower total cost and higher quality of care.

The company generates revenue primarily from the rental of home medical equipment such as ventilators BiPAP CPAP devices oxygen concentrators and related supplies as well as from the sale of associated supplies and from women s health products like breast pumps and lactation equipment. Additionally Viemed provides healthcare staffing and recruitment services to third party health care facilities. Customers include patients receiving care at home and health care organizations that procure staffing solutions. Reimbursement comes from Medicare Medicaid private insurance and direct billing to patients.

Viemed is recognized as one of the leading providers of non invasive ventilation and related services in the United States. The company competes with other national and regional home medical equipment providers as well as with specialized respiratory care firms. Its competitive advantages include a technology enabled care model a large network of licensed respiratory therapists and a focus on delivering cost effective high quality home based care that reduces hospital readmissions.

The company serves patients who require home based medical equipment and clinical therapy including individuals with chronic obstructive pulmonary disease neuromuscular conditions and women needing lactation support. It also provides staffing services to hospitals long term care facilities and other health care providers. No single customer accounts for ten percent or more of total revenue.