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    IMEXHS locks in $1.6 million radiology services contract, Colombia

    IMEXHS (ASX:IME) subsidiary RIMAB has secured a $1.6 million radiology services contract with the San Carlos Hospital Foundation in the southern region of Bogota, Colombia. 

    The $25.49 million market capitalisation company says the 3-year contract is expected to contribute $530,000 in annual recurring revenue (ARR). 

    Under the agreement, IMEXHS’s cloud-based enterprise software will be implemented at the San Carlos Hospital Foundation. 

    IMEXHS Co-Founder and Chief Executive Officer (CEO) Dr Germán Arango says the company is ‘pleased’ to have been chosen as San Carlos’s radiology services partner. 

    “Our capability to offer leading medical imaging technology and a team of exceptionally skilled radiology professionals played a pivotal role in our new client’s decision-making process.”

    Our capability to offer leading medical imaging technology and a team of exceptionally skilled radiology professionals played a pivotal role in our new client’s decision-making process

    This announcement comes a week after IMEXHS announced it had struck a deal with the Colombian National Police Force. 

    IMEXHS secured a $2 million contract involving radiology outsourcing services to 48,000 patients. 

    The San Carlos Hospital Foundation was founded in 1948 and focuses on providing high-complexity healthcare services, offering a portfolio of services in surgical specialties. 

    IMEXHS is a provider of medical imaging software and radiology services in 18 countries, including  Australia, Colombia, and the US. 

    As of 30 June 2023, the company had $2 million cash at hand, according to its latest quarterly report.

    Write to Aaliyah Rogan at Mining.com.au

    Aaliyah Rogan
    Aaliyah Rogan
    Recently relocated from a small town in New Zealand to Queensland Australia, Aaliyah Rogan is a fervent journalist who recently completed a Communications/Media degree at Otago University. Aaliyah hopes to excel as a journalist and become an inspiration to others.