Australia's Global Health climbs as COVID-19 boosts demand for digital patient portal
16/12/2020 02:31
** Global Health Ltd GLH.AX rises as much as 18% to
A$0.525, its highest since Nov. 23
** Healthcare platform operator says its Lifecard patient
portal is experiencing strong demand as health organisations
across Australia increase digital engagement with patients
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** Says since the onset of COVID-19, a further 12 portals
have been commissioned, which translates to recurring revenue
stream of more than A$50,000 ($37,735) per month within 18
months
** Stock posts its biggest intraday percentage gain since
Nov. 16
** More than 108,000 shares change hands, compared with the
30-day average volume of about 49,000
** Stock had more than tripled in value this year, as of
last close
($1 = 1.3250 Australian dollars)
(Reporting by Rashmi Ashok in Bengaluru)
((Rashmi.Ashok@thomsonreuters.com; +918061822604;))