Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD), a national leader in respiratory 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. The transaction closed on April 1, 2024, with Viemed acquiring a majority ownership interest and assuming managerial responsibilities of HomeMed. EAH will retain a minority, non-controlling interest in the entity.
Read the full article: Viemed Announces Acquisition of Majority Interest in HomeMed, Forging Partnership with East Alabama Health //
Source: https://www.globenewswire.com/news-release/2024/04/02/2856026/0/en/Viemed-Announces-Acquisition-of-Majority-Interest-in-HomeMed-Forging-Partnership-With-East-Alabama-Health.html