indicators | Huge change to the buy-side
New contracts | revenue growth
Short interest 30% | short squeeze potential.
Average analysts price target $34.30 | Buy rating
NEW PHSA CONTRACT ANNOUNCEMENT -
Vocera Communications , Inc. ( VCRA ), a recognized leader in clinical communication and workflow solutions, today announced that it has entered into a three-year agreement with Provincial Health Services Authority (PHSA). This agreement is a contracting vehicle that outlines terms and conditions for delivering, installing and supporting Vocera solutions in clinics, hospitals, and specialty health centers across British Columbia.
Vocera is used in more than 100 healthcare facilities in all six health authorities of British Columbia. Nurses, physicians, and other care team members use the hands-free Vocera Badge, the Vocera smartphone application, or a combination of both to communicate and collaborate. Proven to reduce steps and save time, Vocera technology enables mobile workers to connect with the right person, group and information quickly. Using the Vocera system, clinicians don’t need to worry about remembering phone numbers, names, or who is on call. They simply text or say a specific group or individual role.
Additionally, Vocera solutions integrate with more than 140 clinical systems, including electronic health records, nurse call systems, physiologic monitors, ventilators and real-time location systems. This interoperability helps improve staff response times, patient care, safety and experience.
“Vocera is proud to collaborate with PHSA for care team communication across British Columbia,” said Brent Lang, president and CEO of Vocera. “Effective communication supports a consistent, secure and seamless experience for patients and care teams.” source SAN JOSE, Calif.--(BUSINESS WIRE)--
Vocera Communications , Inc. engages in the provision of secure, integrated, intelligent communication and workflow solutions. The firm is focused on empowering mobile workers in healthcare, hospitality, energy, and other mission critical mobile work environments in the United States and internationally. The company was founded by Robert E. Shostak, Paul Barsley and Randy Nielsen on February 16, 2000 and is headquartered in San Jose, CA.