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Viemed Healthcare Expands with New Strategic Acquisition

Viemed Healthcare Expands with New Strategic Acquisition

Viemed Healthcare US (VMD) has released an update.

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Viemed Healthcare has announced its acquisition of a majority stake in East Alabama HomeMed, LLC, cementing a strategic partnership with East Alabama Health and aiming to boost the quality and reach of home medical services. This move is part of Viemed’s growth strategy involving hospital joint ventures, which is expected to generate an additional $4 million in annualized revenue. The partnership is aligned with East Alabama Health’s mission to deliver compassionate, high-quality patient care.

For further insights into VMD stock, check out TipRanks’ Stock Analysis page.

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