OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, is expanding its footprint with an existing U.S.-based customer under an agreement to provide approximately $4 million of patient monitoring solutions and related supplies and accessories to the hospital.
The agreement, which was facilitated in conjunction with a strategic partner, is part of Spacelabs’ ongoing mission to foster relationships with hospitals and health systems and help providers deliver exceptional care to their patients through near-term and long-term projects.
“We are committed to assisting organizations in modernizing their infrastructure and elevating their patient care,” said Ajay Mehra, OSI Systems President and CEO. “Healthcare organizations are being asked to do more with less, and we believe that technology can be instrumental in ensuring patients receive the care they need.”
Spacelabs is dedicated to solving challenges the healthcare system currently faces, including the need to enhance the patient experience, improve population health, reduce costs, and support care team well-being. As part of its mission, Spacelabs develops services and technologies that are personalized and tailored to support the needs of healthcare providers anywhere in the world.
