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InteliCare Holdings Limited ( (AU:ICR) ) has issued an update.
InteliCare Holdings Ltd has entered into a commercial agreement with mecwacare to trial its InteliCare solution at the Trescowthick Centre in Prahran, Victoria. This trial is part of mecwacare’s digital transformation strategy to become a leading technology-enabled care provider in Victoria. The three-month trial, which involves a $212k investment in hardware and implementation services, aims to assess the potential for broader deployment across mecwacare’s facilities. The collaboration is expected to enhance mecwacare’s service delivery and provide valuable insights into resident care, aligning with InteliCare’s commercialisation strategy and strengthening its position in the aged care sector.
More about InteliCare Holdings Limited
InteliCare Holdings Ltd is an Australian technology company specializing in predictive analytics hardware and software systems for the aged care and health industries. The company offers solutions that utilize smart sensors and artificial intelligence to enable individuals to remain in their homes longer while enhancing the quality and efficiency of healthcare services.
Average Trading Volume: 625,597
Technical Sentiment Signal: Buy
Current Market Cap: A$3.42M
Find detailed analytics on ICR stock on TipRanks’ Stock Analysis page.