Viemed provides home medical equipment and clinical care services to patients with chronic respiratory conditions in the United States. The core product is non-invasive ventilation (NIV) — devices that help patients with advanced COPD and neuromuscular disease breathe at home via a mask. Viemed's key differentiator is pairing equipment with licensed respiratory therapists who visit patients at home, manage compliance, and provide clinical education — positioning Viemed as a clinical care partner rather than a commodity equipment supplier. Beyond ventilation, Viemed provides sleep apnea management (CPAP/BiPAP rentals and consumables resupply), home oxygen therapy, maternal health products (breast pumps and lactation supplies), and healthcare staffing. Viemed generates revenue primarily through monthly equipment rentals billed to Medicare, Medicaid, and commercial insurers. The active patient census is the primary revenue driver, as each new patient generates recurring monthly rental revenue for the duration of therapy. Ventilation rentals are uncapped and represent the highest-margin product line. Sleep resupply and staffing are more capital-light, requiring minimal equipment investment. Viemed grows organically by expanding its sales force into rural, COPD-prevalent markets in the South and Appalachia, and through bolt-on acquisitions that add new service lines or geographic reach. The company funds CapEx from operating cash flow and targets a conservative balance sheet.