Protech Home Medical to Participate at Virtual Investor Conferences in November
03 Novembro 2020 - 10:00AM
Protech Home Medical Corp. (the
“
Company” or “
Protech”)
(TSXV: PTQ) (OTCQX: PTQQF), a U.S. based leader in the home medical
equipment industry, focused on end-to-end respiratory
care, today announced that members of its management team will
participate in 1x1 meetings at the upcoming 9th Annual Benchmark
Virtual Discovery One on One Investor Conference on November 18th,
and the Sidoti Fall 2020 Virtual Microcap Conference on November
19th.
9th
Annual Benchmark Virtual Discovery One on
One Investor Conference
Protech will participate in the 9th Annual
Benchmark Virtual Discovery One on One Investor Conference
on Wednesday, November 18, 2020.
Benchmark is a leading financial services firm
focused on investment banking, equity research, and sales &
trading within the Technology, Media, Healthcare and Industrial
sectors. Founded in 1988, Benchmark is headquartered in New York
City with offices in Boston, Milwaukee and San Francisco.
For additional information or to schedule a
one-on-one meeting at the 9th Annual Benchmark Virtual Discovery
One on One Investor Conference on Wednesday, November 18, 2020,
please contact Vince Curatola-Director of Corporate Marketing
Services at vcuratola@benchmarkcompany.com.
Sidoti Fall 2020
Virtual Microcap Conference
Protech will participate in the Sidoti Fall 2020
Virtual Microcap Conference on Thursday, November 19, 2020,
which will be webcasted at 10:00am (EST).
The live webcast of the presentation will be
available by visiting the investors' section of the Company's
website at www.protechhomemedical.com. The webcast will also
be available for replay on the Company's website following the
event. Please visit the events section of the Sidoti & Company
website at https://sidoticonference.com to register for the
conference and schedule a one-on-one meeting.
“On the heels of closing Sleepwell, bringing our
run-rate revenue to $125 million, we continue to possess the
strongest balance sheet in our history with over $28 million in
cash and an undrawn USD$20 million credit facility with CIT Bank.
We have consistently hit revenue and EBITDA margin milestones and
have just revised our growth trajectory upward for the next five
years, making this an exciting time for our company and
shareholders,” commented Greg Crawford, CEO, and Chairman of
Protech. “Furthermore, with the recent CMS decision to cancel the
2021 Competitive Bidding Program for 13 product categories,
reimbursement rates have likely neared a floor and there is no
Medicare reimbursement rate cut risks for the foreseeable future
which truly clears the margin outlook for us, and we believe this
news, coupled with our continued strong operating performance, will
bode well for our underlying results. We look forward to sharing
our dynamic clinical respiratory company with new U.S. based
investors, in particular as we look to significantly enhance our
U.S. presence in 2021.”
ABOUT PROTECH HOME
MEDICAL
The Company provides in-home monitoring and
disease management services including end-to-end respiratory
solutions for patients in the United States healthcare market. It
seeks to continue to expand its offerings to include the management
of several chronic disease states focusing on patients with heart
or pulmonary disease, sleep disorders, reduced mobility and other
chronic health conditions. The primary business objective of the
Company is to create shareholder value by offering a broader range
of services to patients in need of in-home monitoring and chronic
disease management. The Company’s organic growth strategy is to
increase annual revenue per patient by offering multiple services
to the same patient, consolidating the patient’s services and
making life easier for the patient.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information please visit our website
at www.protechhomemedical.com, or contact:
Cole StevensVP of Corporate Development Protech
Home Medical Corp.859-300-6455cole.stevens@myphm.com
Gregory CrawfordChief Executive OfficerProtech Home Medical
Corp.859-300-6455investorinfo@myphm.com
Protech Home Medical (TSXV:PTQ)
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