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medical device investing

Medibio Corporate Health contract signed with Australia’s 3rd largest private healthcare provider

Gabrielle Lakusta
May. 09, 2018 09:52AM PST
Medical Device Investing

Medibio (ASX:MEB) (OTCQB:MDBIF), a mental health technology company, today announced the execution of a commercial contract with St. John of God Health Care (SJGHC) to deploy Medibio’s new product for its newly established Corporate Health division. As quoted in the press release: The agreement includes the deployment of Medibio’s solution for corporate health to St. …

Medibio (ASX:MEB) (OTCQB:MDBIF), a mental health technology company, today announced the execution of a commercial contract with St. John of God Health Care (SJGHC) to deploy Medibio’s new product for its newly established Corporate Health division.

As quoted in the press release:

The agreement includes the deployment of Medibio’s solution for corporate health to St. John of God’s 14,500 employees across Australia. The contract also includes the option of additional mental healthcare services provided by Medibio for employees needing additional help.

The program provides St. John of God employee participants access to Medibio’s Mental Health Check-in campaign. Anticipated revenue is $58,000 for an initial 4-week program. The Mental Health Check-in is the entry level offering in Medibio’s ongoing subscription based Corporate Health product. Additional mental healthcare services will be billed as services are provided.

Click here to read the full press release.

australia health care medical device investing
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