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Tag: Casey Hoyt


Specialty Providers

Pandemic prep backstops hurricane response

November 2, 2020Theresa Flaherty, Managing Editor

While the COVID-19 pandemic has dominated headlines in 2020, HME providers still face challenges from natural disasters like Hurricane Laura, which blew ashore Aug. 27 in Louisiana as a Category 4 with winds of 150 mph. Both events have shined a light on the need for technology in the home to care for patients, says Casey Hoyt, CEO of Lafayette-based Viemed Healthcare. HME spoke with Hoyt about his company's response to the storm and how the pandemic helped it weather the hurricane. HME News: How...

Casey Hoyt, coronavirus outbreak, ventilators, Viemed Healthcare


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Viemed posts record-breaking revenues, EBITDA

August 6, 2020HME News Staff

LAFAYETTE, La. ­- Viemed Healthcare reported second quarter net revenue of $42.9 million, an increase of 111% compared to the second quarter 2019. Of that, approximately $19.7 million was from product sales related to the ongoing COVID-19 pandemic. Net income for the quarter was $19.4 million, a company record, compared to $1.3 million the same quarter in 2019. “We have once again demonstrated our ability to create value while serving as a resource for those in need during the COVID-19 pandemic,”...

Casey Hoyt, ventilators, Viemed Healthcare


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Providers

Earnings round-up: AdaptHealth, Viemed report increases in 1Q 2020

May 5, 2020HME News Staff

PLYMOUTH MEETING, Pa. - AdaptHealth reported net revenue of $191.4 million for the first quarter of 2020, a 60% increase over the same quarter one year ago.Patient Care Solutions, which the company closed on in January, generated net revenue of $33.9 million.The company reported that net loss for the quarter was $0.2 million compare to $5.8 million in the first quarter of 2019. Adjusted EBITDA was $17.5 million."Despite significant and sudden challenges brought on by the COVID-19 pandemic, our strong...

AdaptHealth, Casey Hoyt, home respiratory equipment, Luke McGee, Viemed Healthcare


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Specialty Providers

Viemed's Casey Hoyt on the RTs behind the vents

April 3, 2020Theresa Flaherty, Managing Editor

LAFAYETTE, La. - Viemed Healthcare has been supplying ventilators to healthcare facilities around the country and educating them on using the high-tech devices, even as it maintains its own role in treating patients in the home to free up hospital beds for COVID-19 cases.“This is shining a light on how important of a need we have, not only for this technology but also the understanding of how to use it,” said CEO Casey Hoyt. “We have eight to 10 variations of vents moving around...

Casey Hoyt, coronavirus outbreak, ventilators, Viemed Healthcare


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Viemed reports 'record' growth

May 9, 2018HME News Staff

LAFAYETTE, La. - Viemed Healthcare reported revenues of $14.1 million and gross margin of $10.6 million for the quarter ended March 31, 2018, increases of 41% and 45%, respectively. The company had a working capital balance of $5.2 million and a $5 million line of credit. Adjusted EBITDA for the quarter totaled approximately $3.8 million or 27%. Viemed grew its ventilator patient count by approximately 38% compared to the same quarter in 2017. The company also completed an ongoing CMS audit. “Our...

Casey Hoyt, home ventilators, Viemed Healthcare


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Providers

Viemed ready to stand alone

March 16, 2018Theresa Flaherty, Managing Editor

LAFAYETTE, La. - With its corporate split in the rearview mirror, Viemed Healthcare has hit the ground running, company execs told investors on a recent earnings call.“We expect strategic acquisitions, new payer contracts and favorable market conditions to play the biggest role in our organic growth,” said CEO Casey Hoyt. “We are always searching for opportunities to bring incremental growth to our company.”Viemed reported revenues of $13.5 million for the fourth quarter of...

Casey Hoyt, non-invasive ventilators, Viemed Healthcare


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