Viemed acquires majority stake in East Alabama HomeMed; expects ~$4M annual revenue

VIEMED HEALTHCARE, INC.

Transaction closed April 1, 2024; Viemed gains controlling interest and managerial control of HomeMed.
East Alabama Health (EAH) retains minority non-controlling interest; partnership with 380-physician network.
Incremental annualized revenue expected approximately $4 million from acquired operations.
CEO Casey Hoyt says this is a replicable blueprint for hospital joint ventures.

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