Visionflex Group Limited (ASX:VFX) Partners with Amplar Health for Virtual Nursing Project
Contract Details
Visionflex Group Limited has entered a binding agreement with Amplar Home Health to supply virtual care technology for a virtual nursing project. The total contract value is approximately $1.0 million, including $750,000 in hardware revenue and $250,000 in software subscriptions over the trial period until June 2027, subject to deployment across up to 30 Residential Aged Care Homes in Australia.
Deployment Plan
The project will be deployed over 15 months, starting with five sites in July 2025. The initiative aims to enhance care delivery in rural and remote areas, supporting older residents from First Nations and culturally diverse backgrounds. If successful, the project could serve as a scalable model for integrating virtual nursing services nationwide.
Executive Comments
Visionflex CEO Joshua Mundey said: “We are proud to partner with Amplar Health on this transformative pilot. This agreement is a major milestone in our mission to improve access to high-quality virtual care and represents a strong commercial opportunity for Visionflex. By combining Amplar Health’s clinical resources with our real-time virtual diagnostic technology, we are supporting aged care staff and aiming to enhance outcomes for residents nationwide.”
Motley Fool contributor Aaron Shaw has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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