Ann: JHC agrees to full commercial rollout of HeraCARE, page-27

Very positive briefing by David - my attempt at capturing key points below -

JHC -

1. Utilising Heramed platform for Telehealth consultations (it's a proprietary, encrypted and approved platform)
2. Utilising the Heramed dashboard for monitoring and to develop pregnancy plans
3. Utilising Heramed SMS for alerts and the dashboard to determine alert parameters
4. Commercial discussions went to the top of RHC (not just Joondalup) and there a "definitely discussions" about broader deployment across RHC hospitals

Other -

1. Post partum modules have been in development for months with multiple stakeholders which would extend use of platform to four to twelve months post birth. Adoption of these modules would result in additional SaaS monthly revenues at standard monthly rates
2. There are supply chain challenges for the hardware, particularly with electrical components. These were anticipated and there are sufficient components for several thousand units.
3. "Pretty much at the finish line with Mednax, Sheba and additional hospitals within Australia" - will have more to announce on this in the near term.
4. Considering development of additional high risk pregnancy modules
5. Looking at adding glucometers for diabetic expectant mums
6. "Want to stay humble on hardware fee" - ie cost recovery
7. Sufficient cash for now, might need more capital for increased orders (imagine that would include Mednax)
8. US reimbursement - Have been working on this and expect to update the market shortly on this. There are existing CTP codes for Telehealth consultations and for hardware, particularly for high risk pregnancies