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VSee Health Awarded Teleradiology Services Agreement with Premier, Inc.

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VSee Health (NASDAQ: VSEE) has secured a national group purchasing agreement with Premier, Inc. for teleradiology services, effective September 1, 2024. The agreement offers Premier members special pricing and terms for VSee's teleradiology solutions. VSee's services utilize high-definition video and advanced image-sharing technology to enable remote interpretation of medical imaging.

The agreement comes amid significant growth in the teleradiology market, part of the global radiology sector valued at $30.0 billion in 2023 and projected to reach $48.5 billion by 2031, with a CAGR of 6.20%. Premier serves two-thirds of U.S. healthcare providers, positioning VSee Health to expand its market presence in teleradiology services.

VSee Health (NASDAQ: VSEE) ha ottenuto un accordo nazionale di acquisto di gruppo con Premier, Inc. per i servizi di teleradiologia, con effetto dal 1 settembre 2024. L'accordo offre ai membri di Premier prezzi e condizioni speciali per le soluzioni di teleradiologia di VSee. I servizi di VSee utilizzano video ad alta definizione e tecnologie avanzate di condivisione delle immagini per consentire l'interpretazione remota delle immagini mediche.

L'accordo arriva in un momento di significativa crescita nel mercato della teleradiologia, che fa parte del settore radiologico globale, valutato 30,0 miliardi di dollari nel 2023 e previsto raggiungere 48,5 miliardi di dollari entro il 2031, con un CAGR del 6,20%. Premier serve due terzi dei fornitori di assistenza sanitaria negli Stati Uniti, posizionando VSee Health per espandere la propria presenza di mercato nei servizi di teleradiologia.

VSee Health (NASDAQ: VSEE) ha asegurado un acuerdo nacional de compra en grupo con Premier, Inc. para servicios de teleradiología, efectivo a partir del 1 de septiembre de 2024. El acuerdo ofrece a los miembros de Premier precios y condiciones especiales para las soluciones de teleradiología de VSee. Los servicios de VSee utilizan video de alta definición y tecnología avanzada de intercambio de imágenes para permitir la interpretación remota de imágenes médicas.

El acuerdo llega en medio de un crecimiento significativo en el mercado de la teleradiología, que forma parte del sector radiológico global valorado en 30,0 mil millones de dólares en 2023 y se proyecta que alcanzará 48,5 mil millones de dólares para 2031, con una CAGR del 6,20%. Premier atiende a dos tercios de los proveedores de atención médica en EE. UU., posicionando a VSee Health para expandir su presencia en el mercado de servicios de teleradiología.

VSee Health (NASDAQ: VSEE)는 2024년 9월 1일부터 시행되는 Premier, Inc.와의 원격 영상의학 서비스에 대한 국가 그룹 구매 계약을 체결했습니다. 이 계약은 Premier 회원들에게 VSee의 원격 영상의학 솔루션에 대한 특별 가격과 조건을 제공합니다. VSee의 서비스는 고해상도 비디오와 고급 이미지 공유 기술을 활용하여 의료 이미지를 원격으로 해석할 수 있도록 합니다.

이번 계약은 2023년 300억 달러로 평가되며 2031년까지 485억 달러에 이를 것으로 예상되는 세계적인 방사선 시장의 중요한 성장 속에서 이루어졌습니다. Premier는 미국의 의료 서비스 제공자의 3분의 2를 지원하며, VSee Health의 원격 영상의학 서비스 시장 내 입지를 확장할 수 있는 기회를 제공합니다.

VSee Health (NASDAQ: VSEE) a conclu un accord national de groupement d'achats avec Premier, Inc. pour des services de téléradiologie, entrant en vigueur le 1er septembre 2024. Cet accord offre aux membres de Premier des tarifs et des conditions spéciales pour les solutions de téléradiologie de VSee. Les services de VSee utilisent la vidéo haute définition et une technologie avancée de partage d'images pour permettre l'interprétation à distance des imageries médicales.

L'accord intervient dans un contexte de croissance significative du marché de la téléradiologie, qui fait partie du secteur mondial de la radiologie évalué à 30,0 milliards de dollars en 2023 et prévu pour atteindre 48,5 milliards de dollars d'ici 2031, avec un taux de croissance annuel composé (CAGR) de 6,20%. Premier dessert deux tiers des prestataires de soins de santé aux États-Unis, plaçant VSee Health dans une position favorable pour étendre sa présence sur le marché des services de téléradiologie.

VSee Health (NASDAQ: VSEE) hat einen nationalen Gruppen-Einkaufsvertrag mit Premier, Inc. für Teleradiologie-Dienste abgeschlossen, der ab dem 1. September 2024 in Kraft tritt. Der Vertrag bietet den Mitgliedern von Premier spezielle Preise und Konditionen für die Teleradiologie-Lösungen von VSee. Die Dienste von VSee nutzen hochauflösendes Video und fortschrittliche Bildfreigabetechnologie, um eine Ferninterpretation medizinischer Bildgebung zu ermöglichen.

Der Vertrag kommt zu einem Zeitpunkt, an dem der Markt für Teleradiologie erheblich wächst, Teil des globalen Radiologiesektors, der im Jahr 2023 mit 30,0 Milliarden Dollar bewertet wird und voraussichtlich bis 2031 auf 48,5 Milliarden Dollar anwachsen wird, mit einer CAGR von 6,20%. Premier bedient zwei Drittel der US-Gesundheitsdienstleister, was VSee Health in eine Position bringt, um seine Marktpräsenz im Bereich Teleradiologie-Dienste auszubauen.

Positive
  • Secured national purchasing agreement with Premier, Inc., accessing large healthcare provider network
  • Entry into $30.0B global radiology market with 6.20% CAGR projection
  • Strategic positioning in growing teleradiology sector with potential market expansion
Negative
  • None.

Insights

This Premier agreement marks a significant strategic win for VSee Health, providing access to Premier's extensive network that serves two-thirds of U.S. healthcare providers. The deal's timing aligns perfectly with the growing $30.0 billion radiology market, projected to reach $48.5 billion by 2031 at a 6.20% CAGR. VSee's teleradiology platform addresses critical healthcare challenges, particularly specialist shortages and resource constraints in underserved areas.

The agreement's September 2024 start date positions VSee to capture market share in the expanding teleradiology segment. Their high-definition video and advanced image-sharing capabilities provide a competitive edge in remote diagnostics. The pre-negotiated pricing structure through Premier should accelerate adoption among member institutions, potentially leading to recurring revenue streams and enhanced market penetration.

This partnership significantly enhances VSee's market position, particularly noteworthy for a company with a modest market cap of $20.7 million. Premier's extensive healthcare provider network represents a substantial growth opportunity, potentially accelerating VSee's revenue trajectory. The agreement's timing is strategic, coinciding with increasing demand for remote healthcare solutions and the broader telehealth sector's expansion.

The teleradiology market's projected growth trajectory suggests strong underlying demand fundamentals. VSee's ability to secure this agreement with a major healthcare improvement company validates their technology platform and market approach. The pre-negotiated pricing terms could provide a competitive advantage in capturing market share while maintaining favorable margins.

SAN JOSE, Calif.--(BUSINESS WIRE)-- VSee Health, Inc. (Nasdaq: VSEE), a provider of comprehensive telehealth services that customize workflow streams and enhance patient care, has been awarded a national group purchasing agreement for teleradiology services with Premier, Inc., a leading technology-enabled healthcare improvement company. Effective September 1, 2024, the new agreement, allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for VSee Health’s teleradiology services.

“Our teleradiology services are uniquely designed to address the complex and evolving demands of modern healthcare systems,” said Imo Aisiku, M.D., Co-CEO of VSee Health. “As many health systems continue to face resource constraints and specialist shortages in the wake of the COVID-19 pandemic, this agreement enables us to further expand access to our scalable, cutting-edge telehealth solutions. With teleradiology already gaining significant traction, we are excited to extend this essential service to Premier’s expansive network, ensuring greater access to high-quality care.”

Teleradiology services are transforming radiology practice by enabling the remote interpretation of medical imaging, which expedites diagnostics and treatment planning. VSee Health’s teleradiology solutions leverage high-definition video and advanced image-sharing technology to provide radiologists with seamless connectivity to healthcare teams and patients from any location, driving improved patient outcomes and creating operational efficiencies for hospitals and imaging centers.

The teleradiology market is a key driver within the expanding global radiology sector, which was valued at $30.0 billion in 2023 and is projected to reach $48.5 billion by 2031, growing at a CAGR of 6.20%. This growth reflects the increasing demand for advanced diagnostic capabilities and remote imaging solutions. The rise of teleradiology is transforming healthcare delivery by ensuring radiology services are accessible to underserved areas, reducing delays in diagnosis, and enabling real-time consultations. By aligning with these trends, VSee Health is strategically positioned to capture market share and deliver value through its innovative, scalable telehealth solutions.

Premier is a leading technology-driven healthcare improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare better with national scale, smarter with actionable intelligence and faster with novel technologies. With integrated data and analytics, collaboratives, supply chain solutions, consulting and other services, Premier enables better care and outcomes at a lower cost.

About VSee

VSee Health’s AI telehealth platform is the fastest way for enterprises to go from ideation to market go-live. Field-hardened on over 1.5M HIPAA-compliant video encounters every month, its customizable telehealth building blocks each meet stringent government security standards and are ready to scale. VSee Health has traveled for field deployments to over 50 countries such as Iraq, Syria, Marshall Islands and El Salvador. Its clients include NASA Space Station, US Department of Health and Human Services, McKesson, Magellan, DaVita, GE, countless startups, and the entire country of Qatar.

VSee Health also provides tailored solutions for critical shortage areas such as critical care and teleradiology. It is committed to empowering high quality healthcare access and reducing physician burnout and workforce shortages through its telehealth technology. Visit vseehealth.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company’s ability to regain compliance with Nasdaq’s listing rules within the required timeframe. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly, including those risks set forth in the Company’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q and other documents filed with the SEC. Copies of such filings are available on the SEC’s website at www.sec.gov. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

Media:

VSee Health

Anne Chang

1-626-513-1824

media@vsee.com



Investor:

Dave Gentry

RedChip Companies

1-407-644-4256

VSEE@redchip.com

Source: VSee Health, Inc.

FAQ

When does VSee Health's (VSEE) teleradiology agreement with Premier become effective?

The agreement becomes effective September 1, 2024.

What is the projected market size for the global radiology sector that VSEE is entering?

The global radiology sector is projected to reach $48.5 billion by 2031, growing from $30.0 billion in 2023 at a CAGR of 6.20%.

What services will VSEE provide under the Premier agreement?

VSee Health will provide teleradiology services, including remote interpretation of medical imaging using high-definition video and advanced image-sharing technology.

How many healthcare providers can VSEE potentially reach through the Premier agreement?

Through Premier, VSee can potentially reach two-thirds of all healthcare providers in the U.S.

What benefits does the VSEE teleradiology agreement offer to Premier members?

Premier members can access special pricing and pre-negotiated terms for VSee Health's teleradiology services.

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