MASHINIi

Quipt Home Medical Corp..

QIPT.US | Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles in specialized stores

Quipt Home Medical Corp. provides in-home monitoring equipment, supplies, and respiratory equipment to patients in the United States. The company offers various products and services, including respiratory equipment such as ventilators, oxygen concentrators, CPAP and BiPAP machines, and related supp...Show More

Ethical Profile

Mixed.

Quipt Home Medical Corp. (QIPT.US) presents a mixed ethical profile. While its core business of providing durable medical equipment for chronic conditions fundamentally supports better health outcomes, concerns regarding honest and fair business practices have emerged. Quipt Home Medical restated interim financial reports for fiscal year 2024 due to a transition from IFRS to U.S. GAAP. Furthermore, the Schall Law Firm initiated an investigation into potential securities law violations related to allegedly false or misleading statements or failure to disclose pertinent information. In terms of technology, while Quipt conducts regular security training and vulnerability assessments, reports suggest the company was impacted by the Change Healthcare cyber-attack, affecting eligibility determination. Limited information is available on environmental practices, fair pay, or ethical sourcing.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Quipt Home Medical Corp. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Quipt Home Medical Corp. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess Quipt Home Medical Corp. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Quipt Home Medical Corp. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-40

The company restated interim financial reports for the fiscal year ended September 30, 2024, to transition from IFRS to U.S. GAAP.

1
As of February 3, 2022, the board of directors was expanded to four members, with three identified as independent.
2

Kind to Animals

0

No information relevant to the ethical value 'Kind to Animals' for QIPT.US was found in the provided articles.

1
Both articles explicitly state that no data points could be extracted for the requested categories.
2

No War, No Weapons

0

No evidence available to assess Quipt Home Medical Corp. on No War, No Weapons.

Planet-Friendly Business

0

The provided articles do not contain any specific, quantitative data points regarding Quipt Home Medical Corp.'s environmental performance.

1
While general ESG risk ratings are mentioned, no information is available on metrics such as greenhouse gas emissions, renewable energy usage, water consumption, waste diversion, or any other environmental initiatives or compliance records.
2
The articles explicitly state a lack of quantitative data for environmental and social performance.
3

Respect for Cultures & Communities

0

No evidence available to assess Quipt Home Medical Corp. on Respect for Cultures & Communities.

Safe & Smart Tech

0

The company has reported no material cybersecurity incidents in the last three fiscal years.

1
Its Chief Compliance Officer (CCO) holds a Certified HIPAA Professional (CHP) certification.
2
All employees receive annual privacy and security training, which includes cyber threat awareness, password hygiene, and incident reporting, and phishing tests are conducted.
3
The company also conducts regular network and endpoint monitoring, vulnerability assessments, penetration testing, and tabletop exercises.
4
No specific incidents of unauthorized data use have been reported, and data access controls are in place.
5
Compliance with HIPAA is implied through the CCO's certification.
6

Zero Waste & Sustainable Products

0

No specific, concrete evidence was found in the provided articles regarding Quipt Home Medical Corp.'s performance on any of the 'Zero Waste & Sustainable Products' KPIs. The articles primarily discuss the company's business strategy, financial performance, acquisitions, and corporate governance, or refer to other companies' sustainability efforts.

1

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.