Business
Why the Global Health (ASX:GLH) share price is surging up today // Motley Fool Australia
Global Health Limited (ASX: GLH) shares rocketed up in early trade today after the announcement of a major contract win with the Western Australian Government.
Before the market halt this morning, the Global Health share price was trading 50% higher at 60 cents. This compares to the All Ordinaries Index (ASX: XAO) which was up 1.2% to 6,687 points.
What is moving the Global Health share price
Global Health has won a contract with Western Australia’s Mental Health Commission (WA MHC).
Under the deal, the digital health company will implement its MasterCare electronic medical record (EMR) platform to WA MHC. The agreement will service for up to 10 years and is scheduled to go live on July 1, 2021.
WA MHC is responsible for a…
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