Oneview deploys new technology with five-year contract

3 minute read

By Trevor Hoey. Published at Jun 10, 2021, in Technology

In a development that is likely to propel Oneview Healthcare Plc’s (ASX:ONE) shares even higher, the health-tech group signed a 5-year contract extension with Epworth HealthCare, the largest private health service in Victoria.

Not only is this positive news from a financial perspective in terms of contributing to the company’s long-term visible income stream, as Epworth stands as Oneview’s largest customer in Australia and second largest globally by number of beds, it represents a strong endorsement of the company’s products and services.

The Oneview platform is currently deployed across eight Epworth hospital locations in approximately 1,440 beds.

Epworth will also be expanding the footprint with Oneview in its redevelopment at Epworth Eastern at Box Hill with an additional 63 beds.

Oneview’s shares have increased nearly 500% in the last three months, but with this development providing a significant financial boost and the prospect of further contract flow adding momentum, it wouldn’t be surprising to see the company break above this year’s record closing high of 46 cents struck in mid-April.

Deployment of new technology and increased footprint

As part of the contract renewal, Epworth will be migrating to Oneview’s new Next Generation CXP Enterprise platform and deploying GMS certified healthcare grade 22” Android devices across its diverse care settings.

By way of background, Oneview Healthcare provides digital tools for patients, families, and caregivers to improve the care experience.

By unifying a facility’s systems, content and services into one digital platform with dedicated devices at the point of care, Oneview helps deliver more control for patients and families, more time for care teams, and less complexity for executives and IT teams.

The company’s products have been embraced on the international stage, partnering with leading healthcare systems in the US, Australia, the Middle East and Asia.

Win-win situation between tech provider and health care client

Discussing the nature of the complementary relationship between Oneview and Epworth, chief executive James Fitter said, “We have enjoyed a very special partnership with Epworth dating back to our initial deployment at Epworth Eastern in Box Hill in January 2015.

"They have been the inspiration for much of our innovation in the Australian market and encouraged us to broaden the platform to include an extensive suite of care team applications which have become an integral part of their care delivery model.”

Highlighting the benefits of Oneview's technologies in the patient care environment, Dr Lachlan Henderson, group chief executive, Epworth HealthCare said, ‘’The agreement will enable Epworth to take digital healthcare into the future.

"The Oneview point-of-care platform has changed the way we deliver care to patients, as well as providing our patients with a unique entertainment and connected experience.

"Our nurses and doctors access our Oneview point of care screens 20,000 times a day, allowing them to update patient information and access medical imaging, radiology and pathology results, at the bedside.

"Patients can also see information about their care and discharge plan.”


View Our Investment Portfolios


S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!

X