MedAdvisor Limited announced that it has entered the New Zealand market via a 3-year agreement with Green Cross Health Limited. The Green Cross Health agreement consists of 3 phases and will result in the rollout of additional MedAdvisor digital solutions to the Green Cross Health network. MedAdvisor will earn both SaaS fees and transaction fees that are similar to Australian pricing.

The agreement includes standard termination and commercial confidentiality provisions. MedAdvisor expects that the total revenue from the agreement in its first full year of operation will be less than 5% of the total MedAdvisor group revenue for the same period. There is not expected to be any significant additional investment in operating expenditure required to support these sites in New Zealand.