- UniDoc Health Corp. (UDOC) has entered into a definitive master equipment deployment and services agreement with Sirach Health and Wellness of Tucson, Arizona
- UniDoc has agreed to a master deployment agreement and framework for the leasing of certain telehealth equipment and the licensing of related software
- The agreement has a possible value of up to approximately US$6 million
- Sirach Health and Wellness Inc. aims to be the health and wellness centre of choice for physicians, employees, and shareholders within the communities it serves
- UniDoc Health is a virtual health/telemedicine solutions company
- UniDoc Health Corp. (UDOC) opened trading at $1.18 per share
UniDoc Health Corp. (UDOC) has entered into a master equipment deployment and services agreement with Sirach Health and Wellness of Tucson, Arizona.
Sirach has indicated that it has a plan in place to provide access to a network of dedicated physicians and medical personnel partially through the support of the government of the state of Arizona, the Department of Veteran’s Affairs, municipal agencies, and corporate donors.
In line with the agreement, the company has agreed to a master deployment agreement and framework for the leasing of certain telehealth equipment and the licensing of related software including, the Virtual Care Solutions Model (VCSM) kiosks to Sirach.
In particular, Sirach has agreed to pay monthly telehealth service fees to UniDoc for the use of the VCSM kiosks.
The VCSM is a proprietary customizable and comprehensive telehealth solution that is currently being developed by the company and is being designed to integrate a range of physical products, web-based services, and analytical tools, along with access to the company’s developing network of healthcare providers, pharmacies, and hospitals.
The company and Sirach agreed to an initial equipment rollout of VCSM kiosks and a minimum subscription model.
The agreement has a possible value of up to approximately US$6 million over the agreement’s five-year term based on a gradual roll-out of no less than 20 initial VCSM kiosk locations to ultimately provide services to up to 10,000 people in the City of Tucson.
The company also agreed to provide certain data management and telecommunications services to be used by Sirach to provide in-suite telehealth and related services in its designated facilities.
The company has agreed to install the VCSM kiosks and perform initial functionality tests at locations to be specified by Sirach.
The agreement is for an initial period of five years and automatically renews for an additional five years unless terminated upon written notice by either of the parties.
“We are very pleased and excited to begin working with the team at Sirach,” said UniDoc CEO Antonio Baldassare.
“With this agreement in place, we can begin to penetrate a strategically important market with the delivery of meaningful telehealth results to a deserving but underserved segment of the population,” he added.
Sirach Health and Wellness Inc. aims to be health and wellness centre of choice for physicians, employees, and shareholders within the communities it serves.
UniDoc Health is a virtual health/telemedicine solutions company.
UniDoc Health Corp. (UDOC) opened trading at $1.18 per share.