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IMEXHS (ASX:IME) wins new contract with Colombia’s National Police

ASX News, Health Care
ASX:IME      MCAP $25.95M
21 December 2021 16:40 (AEST)
IMEXHS (ASX:IME) - Chairman, Doug Flynn

Source: IMEXHS

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.

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