IMEXHS (ASX:IME) - Chairman, Doug Flynn
Chairman, Doug Flynn
Source: IMEXHS
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • IMEXHS (IME) wins contract by the Colombia’s National Police for the outsourcing of its radiology department and use its enterprise imaging technology
  • The new contract will contribute over $1.1 million in annual recurring revenue and will be for an initial six months with an automatic three-month renewal
  • Under the contract, IME’s AQUILA enterprise imaging platform will be implemented at the main Police Hospital in the City of Bogotá
  • IME rounded off the day of trading at 99 cents

IMEXHS (IME) has been chosen by Colombia’s National Police as the preferred bidder for the outsourcing of its radiology department and the use of its enterprise imaging technology.

The new contract will contribute over $1.1 million in annual recurring revenue and will be for an initial six months with an automatic three-month renewal.

Under the contract, IME’s AQUILA enterprise imaging platform will be implemented at the main Police Hospital in the City of Bogotá.

IMEXHS and its subsidiary, RIMAB, will replace the 20-year incumbent, which also operated the radiology department of Colombia’s National Police for over 20 years.

The company replaced the incumbent in December 2019 and since then, the radiology department has significantly improved its operations in terms of its scientific practice, implementation of technology and patient satisfaction.

Co-founder and CEO Germán Arango is pleased to be selected by the Columbian Police.

“Our technology is not only user-friendly and intuitive but will also provide the Police Hospital with significant operational efficiencies and cost reductions. We expect our platform will considerably improve patient care,” Dr Arango said.

“This hospital is the main Police Hospital in the City of Bogotá and requires a highly complex imaging platform. We are excited to partner once again with Colombia’s National Police and hope to continue strengthening our working relationship across Colombia.”

IME rounded off the day of trading at 99 cents.

IME by the numbers
More From The Market Online

Week 17 Wrap: BHP-Anglo deal helps push down ASX; US data of concern but AI bulls happy

The big thematics and headlines that drove the ASX this week, plus, the headlines I think…
The Market Online Video

Market Close: ASX signs off on a sigh with all sectors red-lining

The ASX200 finished 1.3 per cent down with every sector in the red and Industrials and Real Estate brittle and bruised as bot…
The Market Online Video

Market Update: ASX on red alert with all sectors below the surface

The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has…

ResMed spikes on robust results and global growth spurt

ResMed shares have climbed following the release of the company's strong Third Quarter FY2024 results.