Visionflex partners with BHP

• BHP to implement Visionflex's telehealth solution across 13 medical centres and 1 HEMS aircraft
• Rollout to be completed within current financial year (FY25)
• First-year contract value of $0.4 million, including $0.3 million hardware revenue and $0.1 million software subscription revenue

Visionflex Group Limited (ASX:VFX), a leader in real-time telehealth and diagnostic technology solutions, has announced that BHP has purchased its comprehensive virtual care solution to enhance healthcare delivery at its remote locations in Western Australia. The contract encompasses the roll-out of Visionflex's All-in-One (AIO) Patient-Facing Telehealth Carts at 13 medical centers and the deployment of a Mobile Telehealth Kit on one Helicopter Emergency Medical Service (HEMS) aircraft. The agreement is for an initial period of one year and is subject to standard termination provisions. The total first-year costs of the contract are $0.4 million, comprising $0.3 million in one-off hardware revenue and approximately $0.1 million in annual software subscription revenue. Visionflex will receive the full payment of the contract upfront, covering both the hardware investment and the first year's annual software subscription. The complete deployment of Visionflex's virtual care solution is scheduled to be executed within FY25. This initiative will deliver enhanced access to medical services, streamlined operations, and improved safety for BHP's workforce by reducing the need for medevac flights and minimising travel costs for on-site staff.