Viemed obtains $5 million line of credit

Thursday, February 22, 2018

LAFAYETTE, La. – Viemed Healthcare has secured a two-year loan for $5 million from Whitney Bank, it announced today. The loan provides Viemed, a provider of post-acute respiratory services, with “liquidity and flexibility, giving us quick access to non-dilutive capital should we need to bridge any working capital requirements during a period of significant growth for our company,” said Casey Hoyt, CEO, in a release. Viemed was split off from Patient Home Monitoring in late 2017.