Brief: Medadvisor Says It Entered NZ Market Via Agreement With Green Cross Health

Green Cross Health

18/02/2022 01:34

Feb 18 (Reuters) - Medadvisor Ltd  MDR.AX :
    * ENTERED NEW ZEALAND MARKET VIA 3-YEAR AGREEMENT WITH GREEN
CROSS
HEALTH
    * AGREEMENT CONSISTS OF 3 PHASES AND WILL RESULT IN ROLLOUT
OF
ADDITIONAL MEDADVISOR DIGITAL SOLUTIONS TO GREEN CROSS HEALTH
NETWORK
    * MEDADVISOR WILL EARN BOTH SAAS FEES AND TRANSACTION FEES
THAT
ARE SIMILAR TO AUSTRALIAN PRICING
    * EXPECTS THAT TOTAL REVENUE FROM AGREEMENT IN ITS FIRST
FULL YEAR
OF OPERATION WILL BE LESS THAN 5% OF TOTAL GROUP REVENUE

Source text for Eikon:  ID:nASXnG71m 
Further company coverage:  GXH.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))