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Tag: Quipt Home Medical


Providers

Quipt readies for ‘pivotal time’

June 3, 2021Theresa Flaherty, Managing Editor

CINCINNATI – With a toehold in Florida and $27 million in cash on hand, Quipt Home Medical is serious about growth, company execs said on a recent earnings call.  “We are looking for turnkey respiratory companies that can be seamlessly integrated,” said Hardik Mehta, CFO. “We have a number of targets in sight – 15-plus with a cumulative value in the broad range of $75 million to $150 million.”  A top priority: Leveraging the acquisition of Jacksonville,...

Home Respiratory Equipment, Quipt Home Medical


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Providers

Quipt rides ‘tailwinds’ to revenue growth

June 2, 2021HME News Staff

CINCINNATI – Quipt Home Medical reported revenue of $24.2 million for its second quarter of fiscal year 2021, a 36% increase compared to the same period in 2020. Adjusted EBITDA was $5.4 million vs. $4.2 million. “As evidenced by our results, home health continues to experience structural tailwinds, which we expect to provide our business extraordinary opportunity for years to come,” said CEO and Chairman Greg Crawford. “With our rebranding process behind us, we are...

Home Medical Equipment, Quipt Home Medical


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News

In brief: Brooks-LaSure confirmed, SuperCare contract renewed, telehealth monitoring warranted

May 28, 2021HME News Staff

WASHINGTON -- The Senate on Tuesday confirmed Chiquita Brooks-LaSure to head CMS. Brooks-LaSure served in the Obama Administration, where she helped guide the Affordable Care Act through passage and implementation. She also worked as a Democratic staffer for the Ways and Means Committee in the House of Representatives. “AAHomecare congratulates Chiquita Brooks-LaSure on her confirmation as CMS Administrator,” said the association. “Her experience in roles at CMS, HHS and on...

Chiquita Brooks-LaSure, Fisher & Paykel Healthcare, NSM, Quantum Rehab, Quipt Home Medical, SuperCare, Viemed


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Also Noted

Quipt begins trading on Nasdaq

May 27, 2021HME News Staff

CINCINNATI – Quipt Home Medical’s shares have begun trading on the Nasdaq under the symbol QIPT. “This Nasdaq listing is an incredible achievement for our company and its shareholders, as we continue our mission of providing superior patient care for at home respiratory patients across the United States,” said Greg Crawford, CEO and chairman. “This listing reflects the substantial organizational growth experienced by our company and our evolution as a...

Home Medical Equipment, Quipt Home Medical


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News

In brief: Medline acquisition, BOC honor, Brightree integration

May 21, 2021HME News Staff

NORTHFIELD, Ill. – Medline plans to acquire a significant portion of the Hudson RCI brand of respiratory products from Teleflex, in a bid to strengthen its offerings in light of the COVID-19 pandemic. Hudson RCI’s oxygen and aerosol therapy, active humidification and pulmonary hygiene products will complement Medline’s respiratory portfolio; will add two manufacturing facilities in Arlington Heights, Ill., and Nuevo Laredo, Mexico; and will add 1,000 employees. “Hudson...

BOC, Brightree, Medline, Quipt Home Medical, Vents


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Also Noted

Quipt Home Medical files form with SEC

May 17, 2021HME News Staff

CINCINNATI – Quipt Home Medical has filed a Form 40-F Registration Statement with the U.S. Securities and Exchange Commission, marking a significant milestone in the process of the company listing its common share on the Nasdaq. “Quipt’s rapidly growing operations are completely based in the United States, making the filing of our Form 40-F a significant steppingstone for the company,” said Greg Crawford, CEO and chairman of Quipt. “We are...

Nasdaq, Quipt Home Medical, SEC


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Also Noted

Protech Home Medical to change name

May 11, 2021HME News Staff

CINCINNATI – Protech Home Medical plans to change its name to Quipt Home Medical and consolidate its common shares on the basis of one post-consolidation common share for every four pre-consolidation shares, pending regulatory approvals, including TSX Venture Exchange approval. The company expects to complete the name change and consolidation on May 13, and to begin trading on the TSXV under the new symbol QIPT on that day. Protech also expects to get listed on the NASDAQ...

Nasdaq, Protech Home Medical, Quipt Home Medical, Trading


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