08:24 AM EDT, 03/24/2025 (MT Newswires) -- Quipt Home Medical ( QIPT ) , a U.S. based home medical equipment provider, on Monday said it aims to accelerate growth in 2025 by expanding its De Novo footprint and referral networks.

The company said that following the opening of two locations in Florida and Alabama, Quipt plans additional site launches in strategic markets and is reinforcing relationships with physicians, hospitals, and healthcare providers to boost patient numbers.

Quipt, which is also adding new sales representatives in targeted regions, will carry new respiratory product offerings.

The company is in talks to form potential joint ventures or engage in strategic acquisitions, to generate opportunities to integrate home-based care within larger healthcare ecosystems, the statement added.

"2025 marks a pivotal year for Quipt as we double down on our commitment to augment organic growth and prioritize a disciplined capital allocation strategy while maintaining strong margins," said Gregory Crawford, chief executive. "We are also dedicated to strategically deploying capital through targeted share repurchases aimed at maximizing shareholder value, while adopting a refined approach to our historical M&A strategy.