AI assistant
IMEXHS LIMITED — Capital/Financing Update 2019
May 27, 2019
65120_rns_2019-05-27_3daf3aa8-bd51-490a-83bd-d281773a4b31.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ASX ANNOUNCEMENT
COMPANY ANNOUNCEMENT
IMEXHS supplements and extends a 6-year contract with Clínica Las Americas and includes IMEXHS’s first integrated Cardiology software module
HIGHLIGHTS
-
Clínica Las Americas, one of the leading private hospitals in Colombia, amends and extends HIRUKO RIS/PACS multi-site contract for an additional 6 years.
-
The agreement adds ~A$1,579,000 to TCV.
-
The contract also introduces the first VNA based integrated Cardiology module from IMEXHS’ prerelease Cardiology suite, which will deliver the first client and revenue from upcoming “Anteros” Cardiology imaging product line.
Sydney — 28 May 2019 — IMEXHS Limited [ASX: IME ] today announces a major new contract with Promotora Medica De Las Americas S.A. - “Clínica Las Americas”, a prominent privately-owned hospital in Medellin, Colombia.
This renewal extends and expands the existing managed services contract with Clínica Las Americas for a further six years, which covers Hiruko’s suite of imaging products in Radiology, Pathology and now Cardiology. The proven success of IMEXHS’s deployment has led to the expansion of services from Hiruko’s RIS/PACS into other practices in the hospital, utilising Hiruko’s VNA solution (Vendor Neutral Archive), and will continue helping with productivity and workflow improvements in the hospital and the enhanced functionality and quality of diagnostics of the medical Imaging services.
The TCV for IME is ~A$1,579,000 over the next six years and the contract extension is otherwise on the same terms and conditions as the existing contract.
Clínica Las Americas currently performs more than 120,000 studies per year and is in the process of expanding its imaging services to ensure it can scale its operations in order to cater for anticipated increases in imaging volumes. Hiruko’s suite of products now integrates all their 27 DICOM modalities across multiple sites of the hospital and provides the imaging workflow with a more efficient working environment.
As part of the integrated solution IME has provided a complete SaaS and PaaS Solution which includes the multidisciplinary imaging SaaS offering, imaging storage, advanced workstations and digitizing technologies. The capex required for the fulfillment of this contract is ~A$211k and has been funded from cash reserves.
ImExHS Limited ACN 096 687 839 122 O’Riordan Street, Mascot NSW 2020 Tel: +61 2 9030 0040
Dr. German Arango, IMEXHS CEO, said “The extension of this contract demonstrates the confidence and strength of the relationship with one of our most important customers and represents the expanding capabilities of our products to support the growing operations of one of the best clinics in the region. We are also pleased to have Clínica Las Americas select our first Cardiology module as part of their capabilities”.
ENDS-
For more information, please contact:
Australian Media and Business Enquiries Investor Relations
Tom Pascarella - Chairman Michael Brown - CEO ImExHS Limited Pegasus Corporate Advisory M: +61 (0)407-890-933 M: +61 (0)400-248-080 E: [email protected] E:[email protected]
ABOUT IMEXHS
IMEXHS Limited [ASX: IME] is a leading imaging Software as a Service (SaaS) and ancillary solutions provider. Founded in 2012, IMEXHS is known for its innovation in the imaging services market, offering flexible and scalable imaging solutions via its Hiruko branded suite of solutions for next generation Picture Archiving and Communications System (PACS) and integrated Radiology Imaging System (RIS). The Hiruko system is completely cloud based, vendor neutral and zero footprint with no need for installed software. Enhanced features such as a fully web-based voice recognition option and a zero footprint DICOM viewer are some of its advanced features. In addition to PACS and RIS, imaging technology and management systems can be provided on a Platform as a Service (PaaS) basis when packaged with equipment. The IMEXHS products are designed to increase productivity and save money for the users, with a scalable platform that is configured for the future, while enhancing patient outcomes. Please see www.imexhs.com
ABOUT CLINICA LAS AMERICAS / Grupo AUNA
CLINICA LAS AMERICAS is based in Medellin, Colombia and is a modern, specialist hospital with more than 340 beds, specialized medical imaging service, intensive care, neonatal care unit with microbiological protection, and more than 500 healthcare specialists covering a range of other services. Since 1993, Clínica Las Americas has offered high-quality healthcare services in Colombia, and has developed into one of the most important healthcare reference institutions in Latin America. In September 2018, Clínica Las Americas was purchased for ~US$193m by Grupo AUNA as part of its growth strategy for the Andean region. Founded in 2008, Grupo AUNA is based in Lima and owns and operates medical clinics and hospitals.
ImExHS Limited ACN 096 687 839 122 O’Riordan Street, Mascot NSW 2020 Tel: +61 2 9030 0040