Viemed posts record-breaking 2024
By HME News Staff
Updated 9:52 AM CDT, Tue March 11, 2025
LAFAYETTE, La. – Viemed Healthcare reported record net revenues of $60.7 million for its fourth quarter 2024, an increase of 20% over the same quarter in 2023.
Total net revenues for the year were a record $224.3 million, an increase of $41.2 million, or 23% over the prior year. Adjusted EBITDA for the quarter and the year were $14.2 million and a record $51.1 million, respectively.
“We once again demonstrated our value as a vital link between patients, providers, and payers for complex respiratory services with fourth quarter results meeting the high end of our expectations and maintaining a track record of strong organic growth and profitability, while at the same time enhancing the balance sheet,” said CEO Casey Hoyt. “The sequential improvement in our operational metrics throughout 2024 reinforces the momentum we have established with hard-won improvements in our sales force and diversification of the business. Likewise, the continued demand for our high-touch, technology-enabled clinical approach in a regulatory environment that stresses efficiency, home care, transparency and compliance gives us greater confidence in our value proposition.”
Viemed released the following guidance for 2025:
-
Net revenue for the year is expected to be in the range of $254 million to $265 million.
-
Adjusted EBITDA for the year is expected to be in the range of $54 million to $58 million.
Comments