Australia's Austco Healthcare rises on agreement with Premier
24/05/2024 05:52
** Shares of Austco Healthcare AHC.AX rise as much as
2.63% to A$0.195, their highest level since May 14
** Healthcare communication solutions provider says its
unit, Austco Marketing & Service (USA), has been awarded a
national group purchasing agreement for nurse call with
healthcare improvement co Premier Inc
** Says agreement promotes the Austco brand as a nurse call
provider in the U.S. and provides immediate reach to the
alliance of hospitals and healthcare providers, although it
doesn't guarantee immediate revenue
** Stock down 4.79 this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))