Global Health Limited (ASX: GLH) develops and markets computer software. The Company offers software to the healthcare industry that enables the sharing of information.
The company, today on 26 March 2019, has reported that it has been selected as the preferred Client Information Management System (CIMS) supplier for Sunraysia Community Health Services (SCHS) in Victoria, Australia. Global Health offers a range of solutions to help health businesses be more efficient and deliver excellent patient care. These include electronic medical records, patient administration systems, practice management systems, clinical records, secure message exchange, patient engagement platforms, and consumer health records.
Under the agreement, Global Health is working with SCHS to implement a suite of software applications centred around its market-leading client management and data collection system, MasterCare Electronic Medical Record (EMR). The package also features modules from Global Health’s new-generation mobile-optimised, SaaS-based MasterCare+ solution. These include the Lifecard consumer health record, ReferralNet for secure message delivery, Patient Portal for online admissions and the HotHealth engagement portal. The MasterCare Data Warehouse will also be deployed to support quality improvement and real-time data analysis using dashboards by service managers, executives and reporting to the board. The project involves building interfaces to existing SCHS systems and MasterCare+. This new platform is scheduled to be operational by 1 July 2019.
As a Community Health Service in Victoria, SCHS delivers a broad range of state and federally funded programs in North West Victoria. They include Community Health Program, Commonwealth Home Support Program, Home and Community Care Program for Younger People, Alcohol and Other Drug programs, National Disability Insurance Scheme, Primary Health Networks etc. Each program has different minimum dataset requirements and reporting processes. Implementing MasterCare EMR and integrating it with each program’s requirements will enable SCHS to produce a complete electronic health record for each patient using a standardised ‘Collect Once - Use Often’ methodology which will ultimately ensure that the client does not need to retell their story.
The project builds on the work undertaken by Global Health in 2018 for Victorian public health provider Bass Coast Health, which has integrated the whole MasterCare EMR portfolio into its systems. Global Health’s MasterCare Product Manager, Kye Cherian, says that winning the SCHS tender shows there is a growing momentum in Victoria for holistic health that validates Global Health’s vision. He further added that by broadening the scope of the engagement beyond standard data collection criteria, SCHS will experience the combined benefits of taking a holistic approach to patient management, data capture and reporting through a single platform. These include streamlined data collection, rich electronic patient records, enhanced community health program reporting, and improved patient engagement.
On the price-performance front, the stock has posted the YTD return of 6.67%. The company also has posted returns of -17.95% over the past six months. GLH’ shares last traded at a price of A$ 0.16 with a market capitalization of ~A$ 5.39 Mn. It had a 52-week high price of $ 0.250, with an average volume of, 25,367 approximately.