- Quipt Home Medical is a premier provider of clinical respiratory care in the home setting throughout the U.S.
- Through its efforts to expand to regions with high rates of COPD patients, the company now operates 115 locations in 26 states
In the U.S., 80% of adults aged 65 and older have at least one chronic condition. This means that the majority of older adults are dealing with health issues that require ongoing care and management. Some common chronic conditions among older adults include arthritis, hypertension, heart disease, diabetes, and respiratory diseases.
This is where Quipt Home Medical Corp. (TSXV:QIPT) comes in. With a mission to improve patient outcomes and healthcare efficiency, the company was named one of this year's Venture 50 winners – this is the second time the company has received this recognition in the previous four years.
The company is a medical device company focused on developing and commercializing innovative products for the home healthcare market. Its technology offers safe, effective, and easy-to-use medical devices that allow patients to manage their own care at home. The following are Quipt Home Medical's available services:
- Sleep apnea and pap treatment: using a simple, comfortable and convenient sleep testing system to allow their patients to test at home and mail the results back
- Home ventilation: specializing in the provision of ventilator equipment and aids that enable the ventilator-dependent patient to have as much normalcy as possible in their life while still receiving complex medical treatment
- Equipment solutions: offering a one-solution opportunity for patients, hospitals, and physician groups for an overall improved and easier experience
- Daily and ambulatory aides: offering a wide range of simple and practical aids for everyday activities like eating, dressing, bathing and walking
- Power mobility: committing to offering a wide variety of complex power wheelchair options, each incorporating specific items and components to address the patient’s specific needs
- Respiratory equipment rental: providing BiPAP and CPAP machines as well as oxygen concentrators and ventilation systems
- Oxygen therapy: offering geographical distribution alongside respiratory therapists trained in reducing readmissions from disease-state complications
Over the past year, Quipt Home Medical has made several noteworthy accomplishments, including the expansion of its robust patient-centric ecosystem and the achievement of sizeable scale through accretive acquisitions and organic growth. These developments have all contributed to the company's strong and reliable financial and operational performance.
Learn more about Quipt Home Medical Corp.’s work in the healthcare space by visiting their website here.
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The 2023 TSX Venture 50 is a ranking of top performers on TSX Venture Exchange over the last year. The ranking is composed of 10 companies from each of the five industry sectors and are selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
For the full 2023 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50
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