NetScientific (NSCI)

Sector:

Financials

62.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 76.50
  • 52 Week Low: 49.00
  • Currency: UK Pounds
  • Shares Issued: 23.95m
  • Volume: 29,011
  • Market Cap: £14.97m
  • RiskGrade: 410

NetScientific hails uptake of Wanda contract by US home care group

By Oliver Haill

Date: Friday 03 Nov 2017

LONDON (ShareCast) - (ShareCast News) - NetScientific said that its Wanda health management technology had been adopted by US-based HRS Home Health to help it monitor all the patients in its care.
Wanda, which is 61%-owned by NetScientific, will be incorporated into the care of all home health patients by HRS, Chicago's largest private home care provider, following a trial evaluation involving high-risk congestive heart failure patients.

HRS reported a 72% lower readmission rate for patients using Wanda, in addition to a high compliancy of 74%.

"We believe the data demonstrates Wanda's great technical capabilities, in addition to Wanda's ability to be integrated into clinician's workflow, both changing lives and reducing cost," said NetScientific chief executive Francois R. Martelet.

HRS was able to reduce readmissions to 4.5% and said Wanda enabled it "to deliver better care without increasing the workload for our clinicians", allowing staff to identify variances during care delivery so they could apply prevention and intervention techniques.

Shares in NetScientific rose 1% to 57.6p after the announcement on Friday.

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NetScientific Market Data

Currency UK Pounds
Share Price 62.50p
Change Today -0.50p
% Change -0.79 %
52 Week High 76.50
52 Week Low 49.00
Volume 29,011
Shares Issued 23.95m
Market Cap £14.97m
RiskGrade 410

NetScientific Star Ratings

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Key: vs Market vs Sector
Value
40.49% above the market average40.49% above the market average40.49% above the market average40.49% above the market average40.49% above the market average
25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average25.93% above the sector average
Price Trend
1.27% above the market average1.27% above the market average1.27% above the market average1.27% above the market average1.27% above the market average
1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average
Income Not Available
Growth
53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average
55.96% above the sector average55.96% above the sector average55.96% above the sector average55.96% above the sector average55.96% above the sector average

NetScientific Dividends

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Trades for 03-May-2024

Time Volume / Share Price
15:34 8,090 @ 61.80p
15:03 3,340 @ 61.00p
14:24 800 @ 61.41p
14:23 800 @ 61.41p
10:02 14,530 @ 61.00p

NetScientific Key Personnel

CEO Ilian Iliev
CFO Stephen Crowe

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