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Global Health (ASX:GLH) wins three new contracts

ASX News, Health Care
ASX:GLH      MCAP $5.805M
30 May 2022 17:50 (AEST)

Source: The Borgen Report

Global Health (GLH) has secured three new contracts with Arcadia Healthcare, Matilda Nepean Private Hospital, and Waikiki Private Hospital to implement a range of its solutions.

The contracts represent a total value of $185,400 in annual recurring revenue (ARR) and $110,000 in professional services.

The company said it will see the use of its MasterCare Patient Administration System (PAS), In patient Electronic Medical Records (EMR), Discharge Summaries, cloud hosting and its digital engagement platform to inspire patients to engage in their health care.

GLH attributes these new contract wins to its strong sales and marketing progress and believes it will provide the framework to target further opportunities.

CEO Michael Davies said it is exciting to work with high-quality hospitals focused on improving patient outcomes and wellbeing.

“Our range of solutions will enable our clients to streamline patient services; digitise electronic medical records reducing cost and risk; empower doctors and nurses with improved user experience and tailored workflows as well as providing a solution to better engage with patients and clients’,” he said.

Shares were trading 5.36 per cent higher today at 29.5 cents at market close.

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