Austco Healthcare Limited

ASX:AHC

Austco Healthcare Limited

ASX:AHC
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$0.270 (0%)
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#9
Rank
37
Held by
60
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Wini
Added 3 years ago

AHC has put two blogs up on their website with very candid commentary on the historical nurse call segment and how it must evolve to survive. The blogs are a great primer on the business and how they see themselves shifting to evolve with the healthcare industry:

https://austco.com/real-time-health-the-future-of-nurse-call/

https://www.austco.com/real-time-health-and-the-future-of-nurse-call-part-2/

37
Wini
Added 2 years ago

AHC announce a nice contract win on the website: https://austco.com/austco-announces-1-3m-project-in-adelaide-south-australia/

$1.3m not deemed material enough for a market announcement given revenue base and order book, but strategically I think this is a great win. AHC have historically struggled to win large Australian hospitals, with Hill's (HIL) the incumbent in the space. Given their struggles (and based off latest half year result likely administration if they can't recap) it may be opening an opportunity for AHC to grab a foothold and grow strongly in the space.

34
AlphaAngle
Added 2 years ago

I only just glanced at this business but I don't understand how adding complexity to a system that essentially needs to relay the message "please come and talk to me so I tell you what I need" from patient to nurse is a value add? The biggest barrier is usually the nurse is busy.

13