Being able to provide unattended telehealth consultations is one of the new capabilities that is helping the virtual care digital health platform hit its cash flow milestone.
Visionflex has reached a key financial milestone, becoming cash flow positive for both the June quarter and the second half of the FY2026, with CEO Joshua Mundey saying the healthcare technology company can now fund its own growth.
Mr Mundey shared the announcement on LinkedIn, along with the Q4 FY2026 Quarterly Activity Report.
“For a healthcare technology company at our stage, this is the number that matters. The business now funds its own growth,” he said.
Visionflex is a virtual care platform that uses high-quality images, real-time video, and consistent vitals data to remotely assess patients. It’s being used across aged care, rural and remote care settings.
In the past financial year, it was awarded an $800,000 contract with NSW Health to provide hardware for the state’s Remote Patient Monitoring Digital Uplift initiative.
It’s also been rolled out in aged care homes in Western NSW PHN, North Coast PHN and in two Aspen Medical sites.
The quarter also marked the launch of the company’s unattended access capability, which means a clinician can lead the consultation and operate the clinical examination devices with no assistance at the patient’s end. Doctors can make an informed decision by analysing a live dashboard of readings.
Related
“Diagnostic virtual care has until now required trained staff alongside the patient. Removing that requirement enables deployment in unstaffed clinics, remote resources operations and after-hours aged care settings,” Mr Mundey said.
“The Royal Flying Doctor Service SA/NT is our first customer and begins deploying across its network in the first quarter of FY27.”
In the ASX announcement, Visionflex flagged that it would be transitioning from PHN-funded aged care programs to customer-funded ones and expected retention outcomes would vary depending on how much each facility has used the platform.
The company is focused on retention and is also looking towards several larger enterprise opportunities.