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Tag: Home ventilators


Casey Hoyt

Specialty Providers

Viemed comments on Philips, OIG report

August 6, 2021Theresa Flaherty, Managing Editor

LAFAYETTE, La. – The recent Philips recall on certain CPAP devices and ventilators hasn’t created a disruption for Viemed Healthcare and may even provide an opportunity for growth, said CEO Casey Hoyt during a call to discuss the company’s second quarter earnings.  “Viemed has been proactively acquiring replacement inventory from alternative manufacturers,” he said. “We have always been a device-agnostic company, focused on service rather than equipment,...

Casey Hoyt, Home ventilators, Viemed


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Casey Hoyt

Specialty Providers

Viemed: Revenue, vent patient count grow

August 3, 2021HME News Staff

LAFAYETTE, La. – Viemed Healthcare reported net revenue of $27.4 for the quarter ended June 30, 2021, a “company record” and an increase of 13% over the same quarter in 2020. Of that, $1.1 million was for contact and vaccine tracing services and product sales related to the COVID-19 pandemic.  Viemed grew its ventilator patient count to 8,103, a 5% increase over the March 31, 2021, ventilator patient count. “I am extremely pleased with our company’s ability...

Home ventilators, Viemed Healthcare


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Healthline appoints new regional director

February 7, 2020HME News Staff

WITCHITA FALLS, Texas - Healthline Medical Equipment has named Dr. Gerald "Jerry" George Mannikarote as its new regional director of ventilation & clinical marketing. He has more than two decades of health care experience, including roles at Philips Health Care, Diabetes America and VOCSN Ventilators. In his new role, Mannikarote will lead Healthline's ventilation and complex patient care efforts. “We are extremely pleased to add Jerry to our team here at Healthline,” said Michael Dick,...

Healthline Medical Equipment, Home Respiratory Services, Home ventilators


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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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