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Viemed Healthcare, Inc. Common Shares - VMD STOCK NEWS

Welcome to our dedicated page for Viemed Healthcare Common Shares news (Ticker: VMD), a resource for investors and traders seeking the latest updates and insights on Viemed Healthcare Common Shares stock.

Viemed Healthcare, Inc. (VMD) is a leading provider of respiratory disease management and medical equipment, focused on enhancing the quality of life for patients with respiratory illnesses. The company’s mission is to educate, nurture, and inspire its patients to lead better lives through a highly effective home treatment model. This model integrates seamlessly with the processes of referral partners to efficiently transition patients from the hospital to their homes or other long-term care settings.

Viemed’s team of respiratory care practitioners, who are trained as COPD educators, deliver therapy and counseling directly to patients in their homes using the most advanced technology available. In parallel, their care consultants collaborate with hospitals, ACOs, SNFs, and other referral sources to simplify the administrative aspects of transitioning patients to home care. This approach has led to industry-leading outcomes in hospital readmissions and patient satisfaction, establishing Viemed as one of the largest providers of home non-invasive ventilation in the United States.

Beyond respiratory disease management, Viemed offers a comprehensive suite of services including neuromuscular care, in-home sleep testing, sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services. The company’s revenue primarily comes from medical equipment rental, sales, and supply.

Viemed is continually making strides in its field, as reflected by its regular conference calls where they discuss quarterly and annual financial results. For instance, Viemed will host a conference call to discuss second quarter results on August 10, 2023, third quarter results on November 2, 2023, fourth quarter and year-end results on March 7, 2024, and first quarter results on May 7, 2024. These calls offer an in-depth look at the company's performance and future outlook.

For more information or to access these calls, interested parties can visit the company’s website or contact:

Glen Akselrod
Bristol Capital
905-326-1888
glen@bristolir.com

Todd Zehnder
Chief Operating Officer
Viemed Healthcare, Inc.
337-504-3802
investorinfo@viemed.com

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Viemed Healthcare, Inc. will participate in the Stifel 2023 Healthcare Conference on November 15, 2023, in New York, New York. Casey Hoyt, CEO, and Todd Zehnder, COO, will conduct a presentation covering key areas of Viemed’s business at 1:15pm EST. Investors can request one-on-one meetings with management, and the presentation webcast and slides will be available live and for replay.
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Viemed Healthcare, Inc. reported its financial results for Q3 2023. Net revenues reached a record $49.4 million, a 38% increase compared to Q3 2022. Net income totaled $2.9 million, a 177% increase. Adjusted EBITDA was $12.1 million, a 73% increase. Ventilator patient count grew by 12%. The company has a cash balance of $10.1 million and $51 million available credit. Q4 2023 net revenues are expected to be $49.8 million to $51.0 million.
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Viemed Healthcare, Inc. will host its Quarterly Conference Call on November 2, 2023 at 11:00 a.m. ET. Interested parties may participate in the call by dialing the provided numbers. Financial professionals can pre-register to ask questions.
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Viemed Healthcare, Inc. to participate in investor conferences
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Viemed Healthcare, Inc. reported its financial results for the three and six months ended June 30, 2023. Net revenues reached a new record of $43.3 million, a 31% increase compared to the same quarter last year. Net income for the quarter was $2.3 million, and adjusted EBITDA totaled $9.8 million, a 52% increase. The company completed its acquisition of Home Medical Products, Inc. for $28 million in cash. Viemed expects to generate net revenues of approximately $49.0 million to $50.2 million in the third quarter of 2023.
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Viemed Healthcare, Inc. (VMD) to Host Quarterly Conference Call on August 10, 2023. Financial professionals can pre-register to ask questions. Live webcast and replay available on company's website.
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Viemed Healthcare has announced its upcoming Quarterly Conference Call scheduled for May 9, 2023, at 11:00 a.m. ET. Participants can join the call by dialing 877-407-6176 for US callers or +1 201-689-8451 for international participants. Financial professionals interested in asking questions must pre-register by emailing investorinfo@viemed.com by 12:00 p.m. ET on May 8, 2023. Additionally, a live audio webcast of the call will be available online. Following the event, a replay will be accessible in the Investor Relations section of the company’s website, www.viemed.com. Viemed is a leader in providing in-home medical equipment and respiratory healthcare services, leveraging technology to offer effective treatments.

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FAQ

What is the current stock price of Viemed Healthcare Common Shares (VMD)?

The current stock price of Viemed Healthcare Common Shares (VMD) is $8.54 as of November 20, 2024.

What is the market cap of Viemed Healthcare Common Shares (VMD)?

The market cap of Viemed Healthcare Common Shares (VMD) is approximately 329.0M.

What is Viemed Healthcare, Inc.?

Viemed Healthcare, Inc. is a company that specializes in respiratory disease management and provides medical equipment and home therapy for patients with respiratory illnesses, sleep apnea, and more.

What services does Viemed Healthcare offer?

Viemed offers respiratory disease management, neuromuscular care, in-home sleep testing, sleep apnea treatment, oxygen therapy, respiratory equipment rentals, and healthcare staffing services.

How does Viemed support patients?

Viemed supports patients through a home treatment model that includes therapy and counseling delivered by respiratory care practitioners and administrative support from care consultants for transitioning from hospital to home care.

What are the recent achievements of Viemed Healthcare?

Viemed has achieved industry-leading outcomes in hospital readmissions and patient satisfaction, making it one of the largest providers of home non-invasive ventilation in the USA.

How can I participate in Viemed's conference calls?

You can participate in Viemed's conference calls by dialing the provided numbers or accessing the live audio webcast links available on the company's website.

Who can I contact for more information about Viemed Healthcare?

For more information, you can contact Glen Akselrod at Bristol Capital or Todd Zehnder, Chief Operating Officer at Viemed Healthcare, Inc.

What is the primary revenue source for Viemed Healthcare?

The primary revenue source for Viemed Healthcare is from medical equipment rental, sales, and supply.

How does Viemed integrate with its referral partners?

Viemed integrates with its referral partners by working with hospitals, ACOs, SNFs, and other sources to simplify the administrative process of transitioning patients from hospital to home care.

What is Viemed’s approach to respiratory care?

Viemed’s approach includes providing therapy and counseling at home using advanced technology, delivered by trained respiratory care practitioners.

How can I access recordings of Viemed's conference calls?

Recordings and transcripts of Viemed’s conference calls can be accessed on the company’s website after the calls have concluded.

Viemed Healthcare, Inc. Common Shares

Nasdaq:VMD

VMD Rankings

VMD Stock Data

329.01M
34.01M
12.63%
66.74%
0.93%
Medical Devices
Services-misc Health & Allied Services, Nec
Link
United States of America
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