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Beamtree Secures $1M Contract with Singapore’s Ministry of Health

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Beamtree Secures $1M Contract with Singapore’s Ministry of Health

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Beamtree Holdings Ltd ( (AU:BMT) ) has issued an announcement.

Beamtree Holdings Limited has secured a $1 million contract with the Ministry of Health in Singapore to conduct a clinical coding and documentation audit across 20 hospitals. This project, which highlights Beamtree’s expertise in the hospital clinical coding market, will utilize their key software products, PICQ and RISQ, to enhance data quality and management. The contract is expected to contribute significantly to Beamtree’s revenue and further solidify its position in the global healthcare sector.

The most recent analyst rating on (AU:BMT) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Beamtree Holdings Ltd stock, see the AU:BMT Stock Forecast page.

More about Beamtree Holdings Ltd

Beamtree Holdings Limited is a leading provider of AI-enabled decision support and data insights solutions for the healthcare sector. The company focuses on improving patient outcomes by turning data into actionable insights through automation. Their product offerings span diagnostic technology, clinical decision support, coding assistance and data quality, and analytics and knowledge networks.

Average Trading Volume: 199,283

Technical Sentiment Signal: Buy

Current Market Cap: A$78.45M

For an in-depth examination of BMT stock, go to TipRanks’ Overview page.

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