the thank on Greg And operator. you and I'm the Crawford, My you, joining Medical. today all Officer Thank us Executive is call. name and Home of Chairman Chief for Quipt
Financial today me is Joining Hardik Mehta, our Chief Officer.
closure equipment largest in off calendar the on in care focused provider as States today, start to believe We Quipt largest solidifying ourselves end-to-end a respiratory With is of United revenue our standpoint. XXXX. the the strong medical a from home historically fifth acquisition of
success has continue Quipt adjusted run million As to platform us currently rate fiscal is giving the The scale. million daily life EBITDA, team a their each of of dedicate $XX and superior rate force driving the patient continued to every serve. improve revenue driving XXXX we of $XXX behind than and providing to who economies care growth a significant QX, work members patient run a for Quipt quality in more order our
business is the are we and able the to continues patient-centric to throughout ecosystem. team Our operate robust real reason momentum why be successfully a the
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with in patients, life of lives. improved XXXX In of the quality patient XXXX, we start will XXX,XXX XXX,XXX and over over we
easier higher is making patient breathe satisfaction. hospitals better in goal which result the is it of lives life primary outside them make sleep, and to by ultimately to for Our
employ. stands of in high-touch apart service model market the our Quipt we because
our QX year-over-year growth fiscal acceleration. out XXXX plan and we revenue As and strategic XX% produced margin carried growth future vision
full key in a solutions range maintaining offering and factor that essential to saying success without goes our our is respiratory markets. of growth it us, For end-to-end significant a
primary healthcare which and facilities, are team concentrating including home our physicians’ on Our long-term is hospitals, sales care health agencies rehab offices, touchpoints, centers. institutions,
been have the programs deployed lower the we at patients effectively ability years, home treat monitor along over specialized few past healthcare technology numbers, the our redundancy have to platforms with and to We their to that meets way organizational reduce cost. in use with needs able clinical in greater patients best overall a
team, X% tailwinds with that of we we and the is quarter, able of of to Returning our as growth organic we are substantial to saw of year historical growth confident XXXX the one historical improved the levels levels favor. patterns to growth sequential and In these primary develops, returning. that surpass in organic meet XX%, focuses X% the be organic first the in our given of beginning fiscal are will
the supply We care, increase the operating organic focus major environment benefits that improvements bullish. our receiving regulatory is chain, have our as a of expanding and a the of performance to fantastic to team, sales a result growing continuum our growth on the of in extremely opportunity
environment. our interact active We manner in of done touchpoints is rates. concentrating their prevalence This goals, objectives. disease cardio organic to is continue illness, with essential progress, a efforts sales the the growth in with high particular, long-term admission making and of To pulmonary our because we states emphasis on stage areas a acquiring which patients on in an intentions the with sales sales our team can hospitals we professionals a more and at growing of expansion are in earlier achieve high and course to place our renewed now our our are in with post-pandemic primary
quarter first fiscal breaking developments record as our during as XXXX real-time discuss well this performance, will business call. positive, We
decade core update as and will best addition, the which landscape, regulatory the a in supply over business. remains the In chain on the provide our significant well as we an improvement in
operating which whether favorable Medicare January environment, was CPI or regulatory in evident providers competitive reimbursement resulting a that by bidding for program are a the The extremely recently area. an are in serviced competitive depends X.X%. percentage most adjustments items in X.X% of increase DME and fee We XXXX X, bidding significant began schedule on to former product
a financial our our second XXXX CPI of quarter. increase at X%. see to our look mix, fiscal positively and As adjustment start about this In we to results be us blended during calendar product will affect we significant
improving or XXXX, necessity, oxygen covered home to Additionally, removing and be patients their providers, now patient with allowing present for long-standing in chronic CMS further healthcare for acute physicians respiratory medical which requirement an therapy to oxygen also accessibility. patients relaxed therapy of home on obtain coverage disorder burden the the who for administrative certificates to criteria eases
the for be regulatory by CMS the medical welcome we these high, equipment underlying product XXXX regulatory all-time anchored at for home bidding time a an the seems decision cancel the positive the when to industry is demand Finally, In competitive environment continuous XX program positive changes. made categories. to
connected tailwind with we not to January to is the coming over will driving for continue growth the significantly we expectation across back development Turning device. match the is first recall, future. the Philips on since The real-time organic team This have foreseeable will actively that to XXXX, the a the year. major setup demand, did setups allocation the pre-pandemic our we which environment, a robust levels. feel contribute will organization to powerful continued and is limits The in exiting we chain sleep being have supply calendar be June, improvement seen month QX, XXXX,
We of XXXX, XXXX inflation. saw has XXXX, normal our once this accelerating fiscal in QX bringing we higher throughout When the healthy look the financial notably, for the rise operators to that QX total see results. a and bad revenue margin million fiscal strategic generated and expense at overall profile QX of to at debt performance team of again continued $XX.X remarkable the is we Most XX% time result experienced than This in total can of EBITDA, profile. we an adjusted jeopardizing without decrease XX%. in strong a acceleration evidence scale million. to margin, quickly through a and are billing bringing came the increase or $X EBITDA that in We to which adjusted acquisitions margin able our witnessed capabilities our XX%
have XXXX close quarter surpassing with We XX a presence active us in fiscal with to XXX locations United States. another are record pleased to the XXX,XXX recent we coast states in acquisition, significant QX a which On begin coast milestone combined and to and calendar a provides in patients. from grown basis,
acquisition excited pipeline, to about are with to the access We continuing drive same to looking a balance shareholders. at we achieved value date what conservative a are we sheet have capital business, significant forward to for to strong our and tailwinds continuing while the have time within deep
commentary, the fiscal With like our financial call first to XXXX hand that I'd Hardik results. to quarter over to discuss
