tiprankstipranks
Company Announcements

Austco Healthcare Secures Landmark SMA Contract with West Park Hospital

Story Highlights
Austco Healthcare Secures Landmark SMA Contract with West Park Hospital

An announcement from Austco Healthcare Limited ( (AU:AHC) ) is now available.

Austco Healthcare Limited’s subsidiary in Canada has secured its largest Software and Maintenance Agreement (SMA) contract, valued at AUD $1.02 million, with West Park Hospital in Toronto. This five-year agreement, starting in April 2025, emphasizes Austco’s strategic focus on expanding recurring software and service revenues, enhancing revenue predictability, and providing ongoing support and upgrades to its customers. The contract underscores the growing demand for Austco’s healthcare communication solutions and strengthens its position in the industry by aligning with its strategic growth initiatives.

More about Austco Healthcare Limited

Austco Healthcare Limited is an international provider of healthcare communication and clinical workflow management solutions. Headquartered in Australia, the company operates subsidiaries in six countries and supports healthcare facilities through a global reseller network. Austco Healthcare services markets in Australia, New Zealand, Canada, the UK, USA, Asia, and the Middle East, focusing on health, aged care, and acute care sectors.

YTD Price Performance: -7.14%

Average Trading Volume: 292,534

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$94.66M

Find detailed analytics on AHC stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App