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Viemed ‘kicks off’ with strong Q1 

Viemed ‘kicks off’ with strong Q1 

Casey HoytLAFAYETTE, La. – Viemed Healthcare reported revenues of $50.6 million for the first quarter of 2024, a 28% increase over the prior year. 

Net income for the quarter totaled $1.6 million; and adjusted EBITDA totaled $10.1 million, a 21% increase. 

"I am tremendously enthusiastic about the company's performance, as we kick off 2024 with strong momentum," said Casey Hoyt, CEO. "Our steadfast investments in personnel and operational enhancements are yielding substantial outcomes, propelling our growth trajectory to new heights. The recent successes in restructuring our salesforce and executing on our acquisition strategies have bolstered our determination to explore fresh avenues for expansion, exemplified by our innovative hospital joint venture strategy. Leveraging our competitive advantage as a leader in high-touch, high-tech health care in the home, we believe we are poised to revolutionize traditional healthcare delivery models and unveil unprecedented opportunities." 

Viemed recently finalized its strategic partnership with East Alabama Health, providing Viemed with the controlling interest of East Alabama HomeMed. 

The company expects to generate net revenues of approximately $53.8 million to $54.8 million during the second quarter of 2024. 


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