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BRIEF-Viemed Healthcare Comments On Competitive Bidding Announcement

Published 2019-03-12, 08:24 a/m
Updated 2019-03-12, 08:30 a/m
© Reuters.  BRIEF-Viemed Healthcare Comments On Competitive Bidding Announcement

March 12 (Reuters) - Viemed Healthcare Inc VMD.TO :

* VIEMED HEALTHCARE COMMENTS ON COMPETITIVE BIDDING ANNOUNCEMENT

* VIEMED HEALTHCARE INC - IT APPEARS AS THOUGH CURRENT SUSPENSION OF CBP PROGRAM WILL CONTINUE UNTIL 2021

* VIEMED HEALTHCARE INC - 130 AREAS THAT WERE INCLUDED IN LATEST ROUNDS OF CBP ARE GOING TO BE AREAS INCLUDED DURING 2021

* VIEMED HEALTHCARE - CURRENTLY SERVING CMS PATIENTS IN 39 OF THESE CBP AREAS, AND IT CURRENTLY EXPECTS THAT IT WILL CONTINUE TO EXPAND ITS PATIENT BASE

* VIEMED HEALTHCARE INC - ESTIMATES THAT LESS THAN 25% OF ITS REVENUE IS CURRENTLY INSIDE OF CBP AREAS

* VIEMED HEALTHCARE - AWARE OF RECENT ANNOUNCEMENT BY CMS THAT NON-INVASIVE VENTILATORS WILL BE INCLUDED IN NEXT ROUND OF CBP EXPECTED TO BEGIN IN 2021

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