ilya zubkov's questions to VIEMED HEALTHCARE (VMD) leadership • Q2 2025
Question
Ilya Zubkov from Freedom Broker asked about the factors contributing to the significant uptick in sleep therapy patient counts and requested an explanation for the sequential revenue decline in the staffing business during the second quarter.
Answer
COO & Director Todd Zehnder attributed the strong sleep therapy growth to an expanded sales force, operational efficiencies, and a potential indirect positive effect from GLP-1 adoption increasing patient health awareness. CFO Trae Fitzgerald added that a lag between new patient setups and resupply revenue points to future growth. CEO & Director Casey Hoyt explained the staffing business's sequential slowdown resulted from softened labor demand from state agencies but noted optimism for the second half of the year due to newly secured contracts.