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1st Available to announce commercial agreement after trading halt

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Online health appointment booking platform 1st Available (ASX:1st) will move out of a trading halt on Tuesday to announce a commercial agreement.

This week, 1stAvailable inked a commercial agreement with Primary Health Care (ASX:PRY) to integrate 1stAvailable's online search and appointment booking service across Primary Health's dental network of 200 dentists and 55 locations across Australia.

This expands the company's dental network by 50% to 500 adding to existing major dental clients such as Pacific Smiles Dental and Nib Dental.

The revenue model will involve monthly recurring revenue for the Private Practice segment in Q3 and appointment bookings in the dental market vertical.

The company flagged that further commercial agreements were likely across healthcare, corporate and government markets.

1stAvailable also has mobile apps designed to service the healthcare industry that enables patients to book their appointments with their preferred healthcare provider through 1stAvailable’s service online, 24x7 from any internet-connected device.

 

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Quick facts: 1st Group Ltd

Price: 0.031 AUD

ASX:1ST
Market: ASX
Market Cap: $13.16 m
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