OSI Systems Receives $3 Million Contract
OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Healthcare division, Spacelabs Healthcare, has received a contract valued at approximately $3 million from Saint Luke's Magic Valley Medical Center to provide patient monitoring equipment and related enterprise software. Spacelabs is a healthcare solutions partner to St. Luke's Idaho Health System that consists of four hospitals, including the Magic Valley Medical Center.
OSI Systems CEO Deepak Chopra, stated, "We are excited about the opportunity to provide our patient monitoring solutions and remain committed to supporting St. Luke's completion of equipment upgrades to their medical centers in the state of Idaho.”
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.