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Stock impact report

Viemed Announces Acquisition of Majority Interest in HomeMed, Forging Partnership With East Alabama Health [Yahoo! Finance]

Viemed Healthcare, Inc. - Common Shares (VMD) 
Company Research Source: Yahoo! Finance
care and technology-enabled home medical equipment services, announced the finalization of its strategic partnership with East Alabama Health (“EAH”), providing Viemed with the controlling interest of East Alabama HomeMed, LLC ("HomeMed"). HomeMed provides home medical equipment services to patients within the EAH network as well as those in the surrounding areas of Eastern Alabama. "We are thrilled to join forces with the exceptional team at East Alabama Health to deliver best-in-class home medical services to their patients and expand HomeMed's business through the strategic partnership," said Viemed Chief Executive Officer Casey Hoyt. "This marks a significant milestone in our ongoing growth strategy, which includes hospital joint ventures and institutional partnerships. We view this transaction as a blueprint that can be replicated nationwide, enhancing care quality while simultaneously creating value for healthcare systems." Laura Grill, President and CEO of EAH, emphasized t Show less Read more
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