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Tag: Viemed Healthcare


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People news: AAH board, Viemed board

June 15, 2021HME News Staff

AAHomecare’s membership has re-elected Bill Guidetti of Apria as chair of the board and has approved Josh Marx of Medicare Service Company as vice chair and Mike Kloos of VGM Insurance as treasurer. Members also elected six people to at-large board seats for three-year terms: Josh Britten of BritKare Home Medical, Lucy Busa of Comfort Medical, Larissa D’Andrea of ResMed, Jennifer Pederson of Lincare, Isaac Rodriguez of National Seating & Mobility, and James Russell of URS Medical. Busa...

aahomecare, Viemed Healthcare


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Casey Hoyt

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Viemed pushes back on OIG’s findings

May 25, 2021HME News Staff

LAFAYETTE, La. – Viemed Healthcare says a recent report from the Office of Inspector General shows how disconnected investigators are from CMS’s clinical protocols for non-invasive ventilators and shines a light on the lack of understanding of the critical role HME providers play in providing this life-saving care to patients.  The OIG in May published a report saying most of the Medicare claims submitted for the monthly rental of NIV by Viemed, under its original name Sleep...

non-invasive ventilators, OIG report, Viemed Healthcare


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Viemed sees ‘dramatic comeback’ 

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Viemed sees ‘dramatic comeback’ 

May 14, 2021Theresa Flaherty, Managing Editor

LAFAYETTE, La. – After weathering some of its toughest months in January and February from the dual impacts of COVID-19 and a treacherous ice storm, Viemed Healthcare saw significant patient growth in March, says CEO Casey Hoyt.  “In January and February, we were admitting 65% of our pre-COVID new patients,” he said on a recent earnings call to discuss first quarter financial results*. “March was right around 90% of pre-COVID numbers....

Casey Hoyt, Home Respiratory Services, Viemed Healthcare


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Casey Hoyt

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Viemed sees patient uploads rebound in March

May 4, 2021HME News Staff

LAFAYETTE, La. – Viemed Healthcare reported net revenues for its core business were $25.5 million for the first quarter ended March 31, 2021, a 12% increase compared to the same quarter last year.  Total revenues were $28.4 million, including $2.9 million for contract tracing services and product sales related to the COVID-19 pandemic.  “The first quarter will very likely be the quarter where things began to reopen from the COVID-19 pandemic and I am once again...

COVID-19, Financial Results, Respiratory Therapy, Viemed Healthcare


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Study: NIV at home shows benefits, but underutilized

March 2, 2021Theresa Flaherty, Managing Editor

LAFAYETTE, La. – A recent study showing positive outcomes for patients treated with non-invasive ventilation at home is a step toward closing a “data gap” that prevents more patients from benefiting from the therapy, says Dr. William Fraizer, chief medical officer for Viemed Healthcare. Patients treated with NIV at home had a 50% decrease in all-cause mortality during the study period; a 28% decline in the risk of hospitalization; and a 52% reduction in the risk of an emergency...

non-invasive ventilators, research, Respiratory Therapy, Viemed Healthcare


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Non-invasive vents decrease mortality, hospitalization, ER visits, Viemed study shows 

January 11, 2021HME News Staff

LAFAYETTE, La. – Viemed Healthcare has published a study that shows non-invasive ventilation at home improves survival and decreases health care utilization in Medicare beneficiaries with COPD with chronic respiratory failure.  “This study is the first of its kind published in the U.S. and represents a significant milestone in our mission of educating the medical community on the benefits of NIVH,” said Casey Hoyt, Viemed CEO. “The data supports...

copd, non-invasive ventilators, study, Viemed Healthcare


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In brief: Apria settles with gov’t, Viemed backs Verustat

December 21, 2020HME News Staff

NEW YORK – The acting U.S. Attorney for the Southern District of New York has announced a $40.5 million settlement with Apria Healthcare for alleged fraudulent billing practices for non-invasive ventilators. The lawsuit alleges, among other claims, that Apria submitted false claims to federal health programs, including Medicare and Medicaid, seeking reimbursement for the rental of non-invasive vents to beneficiaries who were not using the NIVs. Other claims in the lawsuit: Apria...

Apria Healthcare, non-invasive ventilators, Verustat, Viemed Healthcare


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Viemed acquires stake in Verustat 

December 21, 2020HME News Staff

LAFAYETTE, La. – Viemed Healthcare has acquired a 5% interest in Verustat for $600,000, giving it a platform to enter the remote monitoring space.  Viemed will use Verustat’s RPM solution in conjunction with its own proprietary patient engagement platform (PEP), which has shown to improve patient compliance, along with labor and workflow efficiencies, according to preliminary data.   “The pandemic has...

Remote Patient Monitoring, Verustat, Viemed Healthcare


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Viemed's new deals with Inogen, VA drive growth

November 13, 2020Theresa Flaherty, Managing Editor

LAFAYETTE, La. - Referrals bounced back in the third quarter, as Viemed sought to build out its payer networks and ink new partnerships amid the COVID-19 pandemic, company officials said during a recent earnings call. Topping the list of new deals: Viemed has an agreement to help Inogen convert leads for private insurance customers, leading to a “very robust” growth rate for oxygen of 55% quarter-over-quarter, says CEO Casey Hoyt. “Our network development team put us into a position...

Coronavirus Outbreak, Home Respiratory Equipment, Viemed Healthcare


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Viemed sees double-digit growth in core biz

November 6, 2020HME News Staff

LAFAYETTE, La. - Viemed Healthcare reported total revenues of $33.4 million for the third quarter of 2020, including $8.6 million in product sales and services related to the ongoing COVID-19 pandemic. Revenues attributable to the company's core business were $24.9 million for the quarter, a 22% increase compared to the same quarter in 2019. “This year has challenged the health care system in an unprecedented manner with the ongoing respiratory pandemic creating a strain on the acute-care facilities...

Coronavirus Outbreak, ventilators, Viemed Healthcare


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