Quipt Home Medical Corp.

Description

Quipt Home Medical Corp is a provider of home medical equipment, health monitoring devices, related supplies and services to patients.

The company aims at advancing the home medical equipment industry and become a market leader.

Quipt states that the market for home medical supplies is expanding in terms of demand and there exist 6,000 suppliers for these products across the United States.

The medical supplies distributor also believes that the industry lacks innovation, and it can fill that gap by offering distribution platforms and integrating home medical supplies with state-of-the-art technology.

The firm says its solutions would reduce the travel time and expenditure for patients and labor-intensive tasks for the company. It also intends to establish a faster and smoother medical service providing experience for all.

The company has its shares listed on the TSX Venture Exchange under the symbol ‘QIPT’. It was formerly known as Protech Home Medical Corp.

The company specializes in respiratory and DME industries. Its various service offerings include:
• Oxygen therapy
• Respiratory equipment rental
• Daily and ambulatory aides
• Power mobility
• Equipment solutions
• Home ventilation
• Sleep apnea and PAP treatment

Quipt Home Medical Corp also owns different brands in multiple locations that specializes in diverse medical needs of patients. It consists of following names:
• Legacy oxygen
• health technology resources
• halsom home care
• Cooley Medical
• Coastal Med Tech
• Central Oxygen
• Care Medical
• Black Bear Medical
• Acadia Medical Supply
• West Home Healthcare
• Sleepwell
• Riverside Medical
• Resource Medical Group
• Patient Aids
• Mayhugh’s Medical

These brands provide complex medical equipment, rehabilitation services, respiratory care systems, full service home medical care equipment, power mobility devices, sleep therapy solutions, CPAP & Bi-level therapy and much more.

On May 11, 2021, Protech Home Medical Corp earlier traded on the TSX Venture Exchange under the symbol ‘PTQ’ and on the OTCQX under the symbol ‘PTQQF’.

The home medical supplier also aims at listing its common stocks on the NASDQ capital market.