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1st Group Ltd. ( (AU:VFX) ) has provided an announcement.
Visionflex Group Limited has partnered with BHP to implement its advanced telehealth solution across 13 medical centers and one Helicopter Emergency Medical Service (HEMS) aircraft in Western Australia. The contract, valued at $0.4 million for the first year, includes both hardware and software subscription revenues and is expected to enhance healthcare delivery at BHP’s remote locations. This initiative is anticipated to improve medical service access, streamline operations, and enhance safety for BHP’s workforce by reducing the need for medevac flights and minimizing travel costs. Visionflex’s CEO, Josh Mundey, highlighted the partnership as a significant endorsement of their virtual care platform and a milestone in making high-quality care accessible to remote communities.
More about 1st Group Ltd.
Visionflex Group Limited is a leader in real-time telehealth and diagnostic technology solutions. The company provides an integrated hardware and software platform that enables healthcare providers to deliver comprehensive, collaborative care in real time, regardless of location. Visionflex aims to reshape healthcare delivery by connecting healthcare teams with the necessary tools and technology to provide effective, efficient, and high-quality care.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.74M
For an in-depth examination of VFX stock, go to TipRanks’ Stock Analysis page.