Viemed Healthcare Inc. is a US-based respiratory equipment and home therapy service provider for patients suffering from various respiratory diseases such as Chronic Respiratory Failure, Chronic Obstructive Pulmonary Disease (COPD) and other neuromuscular diseases. The company provides equipment to support the quality of life of patients suffering from respiratory diseases, helping them transition from hospital care to home care. Nearly 25 million Americans have reportedly been diagnosed with COPD.
The COPD Management Program, one of Viemed’s offerings, is a patient-centric therapy. It also claims to be the largest non-invasive ventilation (NIV) therapy provider in the US.
The healthcare firm provides home-based treatments and focuses on improving the quality of care and comfort of breathing with constant monitoring by its staff and certified respiratory therapists and pulmonologists.
Founded in 2006 by Casey Hoyt and Michael Moor, the company’s operations initially involved sleep management, and later began providing NIV therapy in 2012.
In 2014, the company was rebranded as Viemed, followed by listing on the Toronto Venture Exchange (TSXV) in 2017. It graduated to the Toronto Stock Exchange (TSX) in 2018. Trades under the ticker symbol ‘VMD’.
This healthcare company offers customized respiratory programmes for all patients and is reportedly said to have achieved a 42 per cent reduction in hospital re-admissions. The company provides day-and-night customer care service to reach out to respiratory therapists.
The company range of equipment and services include:
• Neuromuscular care
• Respiratory disease management
• Oxygen therapy and ventilators
• Cough Assists
• Home sleep testing
• Compression therapy
• Percussion vests
• Sleep apnea treatment
The company also aims to expand its base in the United States to increase its brand awareness and pursue sustainable growth. Information regarding different healthcare services, COPD resources, neuromuscular disease resources and investment highlights are available on the official website.