PredictMedix partnered with UK-based Taurus Medical Solutions for the execution of a sales contract for Predict’s COVID-19 screening technology.
A medical distributor and supplier to the UK National Health Service “NHS”, Taurus specializes in supplying diagnostic displays and medical monitors that are at the forefront of medical imaging technology. As a supplier to the NHS, their equipment has been deployed in hospitals throughout the UK, predominantly in operating theatres and X-ray departments.
Utilizing PredictMedix COVID-19 mass screening technology, Taurus will deploy modules to the healthcare, retail, and entertainment sectors in the UK. The contract is for a 12-month period beginning July 6, with an option for renewal following the onboarding of a certain number of clients.
Here, PredictMedix will first make money by charging an upfront customization fee for each camera and scanner installation, and then price it’s offering with a SaaS (software-as-a-service) model that brings in monthly revenue based on the number of screenings.