Full Press Release Details
VSee Health Awarded Teleradiology Services Agreement
SAN JOSE, Calif. -- December 18, 2024 --VSee Health,
Inc. (Nasdaq: VSEE), a provider of comprehensive telehealth services that customize workflow streams and enhance patient care, has been
awarded a national group purchasing agreement for teleradiology services with Premier, Inc., a leading technology-enabled healthcare improvement
company. Effective September 1, 2024, the new agreement, allows Premier members, at their discretion, to take advantage of special pricing
and terms pre-negotiated by Premier for VSee Health's teleradiology services.
"Our teleradiology services are uniquely
designed to address the complex and evolving demands of modern healthcare systems," said Imo Aisiku, M.D., Co-CEO of VSee Health.
"As many health systems continue to face resource constraints and specialist shortages in the wake of the COVID-19 pandemic, this
agreement enables us to further expand access to our scalable, cutting-edge telehealth solutions. With teleradiology already gaining significant
traction, we are excited to extend this essential service to Premier's expansive network, ensuring greater access to high-quality
Teleradiology services are transforming radiology
practice by enabling the remote interpretation of medical imaging, which expedites diagnostics and treatment planning. VSee Health's
teleradiology solutions leverage high-definition video and advanced image-sharing technology to provide radiologists with seamless connectivity
to healthcare teams and patients from any location, driving improved patient outcomes and creating operational efficiencies for hospitals
and imaging centers.
The teleradiology market is a key driver within
the expanding global radiology sector, which was valued at $30.0 billion in 2023 and is projected to reach $48.5 billion by 2031, growing
at a CAGR of 6.20%. This growth reflects the increasing demand for advanced diagnostic capabilities and remote imaging solutions. The
rise of teleradiology is transforming healthcare delivery by ensuring radiology services are accessible to underserved areas, reducing
delays in diagnosis, and enabling real-time consultations. By aligning with these trends, VSee Health is strategically positioned to capture
market share and deliver value through its innovative, scalable telehealth solutions.
Premier is a leading technology-driven healthcare
improvement company, providing solutions to two-thirds of all healthcare providers in the U.S. Playing a critical role in the rapidly
evolving healthcare industry, Premier unites providers, suppliers, payers and policymakers to make healthcare better with national scale,
smarter with actionable intelligence and faster with novel technologies. With integrated data and analytics, collaboratives, supply chain
solutions, consulting and other services, Premier enables better care and outcomes at a lower cost.
VSee Health's AI telehealth platform is
the fastest way for enterprises to go from ideation to market go-live. Field-hardened on over 1.5M HIPAA-compliant video encounters every
month, its customizable telehealth building blocks each meet stringent government security standards and are ready to scale. VSee Health
has traveled for field deployments to over 50 countries such as Iraq, Syria, Marshall Islands and El Salvador. Its clients include NASA
Space Station, US Department of Health and Human Services, McKesson, Magellan, DaVita, GE, countless startups, and the entire country
VSee Health also provides tailored solutions for
critical shortage areas such as critical care and teleradiology. It is committed to empowering high quality healthcare access and reducing
physician burnout and workforce shortages through its telehealth technology. Visit vseehealth.com.
Forward-Looking Statements
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Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects,"
"intends," "plans," "estimates," "assumes," "may," "should," "will,"
"seeks," or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company's
ability to regain compliance with Nasdaq's listing rules within the required timeframe. These statements are based on current expectations
on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly,
including those risks set forth in the Company's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on
Form 10-Q and other documents filed with the SEC. Copies of such filings are available on the SEC's website at www.sec.gov. The
Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments
or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.