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Viemed grows vent base by 31% in Q4

March 4, 2020HME News Staff

LAFAYETTE, La. - Viemed Healthcare reported net revenues of $21.4 million for the quarter ended Dec. 31, 2019, a 30% increase over revenue less bad debt expense reported for the comparable quarter in 2018.Net income was $2.4 million, a 20% decrease.Viemed reported net revenues were $80.3 million for 2019, a 38% increase compared to 2018. Net income was $8.5 million, a 10% decrease.The company says it grew its ventilator patient base by about 31% in the quarter year over year, and 5% compared to the...

Financial Results, Net income, Revenues, Vents, Viemed Healthcare