Mental health technology company Medibio (ASX: MEB) has announced further commercial contracts with industry-leading names such as Rio Tinto (ASX: RIO), the Australian Football League (AFL) and the Aurecon Jacobs Joint-Venture (AJJV) responsible for delivering the West Gate tunnel project in Victoria.
The AFL intends to implement Medibio’s technology to assist with evaluating current players and umpires throughout the year, during both in-season and off-season times to ensure players and officials maintain “agile, responsive and alert minds”.
AFL and Australian Football League Umpires Association (AFLUA), are collaborating to provide a “mental health check-in” for all umpires and football operations Staff.
Medibio said its service offering will deliver umpires their personal dashboard for psychological high performance, and their employer with de-identified data and strategies for better umpire mental health.
As Small Caps reported yesterday, Medibio is actively expanding its new corporate health division and promoting its new mental health product ‘Medibio Inform’.
As part of its corporate expansion, the mental health technology company now welcomes its next tranche of corporate clients including Rio Tinto and the AFL, after announcing a lucrative commercial deal with St John of God Health Care (SJGHC) yesterday.
“These partnerships with some of the biggest names in these sectors, position us as leaders in mental health care technology,” said Jack Cosentino, CEO of Medibio. The company also said that providing an ability to measure mental health objectively, and access deep analytics on workforce mental health was a key driver in Rio Tinto choosing Medibio Corporate Health.
The Mental Health Check-in campaign is the entry-level offering to Medibio’s annualised corporate health product. Collectively, they will contribute up to 1,400 participants to Medibio’s data set, and paid pilots with two global mining and construction firms.
Rio Tinto intends to use the newly-established partnership to trial run Medibio’s technology on around 400 of its current employees in various iron ore projects, “as a test case for the larger organisation”, according to Medibio.
“After hearing about the Mental Health Check-in from a business partner, Rio Tinto approached Medibio Corporate Health. They have been thorough in understanding the program’s technology, applicability and analytics, and we look forward to working with them,” said Ms Peta Slocombe, senior vice president of Medibio Corporate Health.
Meanwhile, the West Gate Tunnel Project is the largest infrastructure project in the southern hemisphere with a strong need to maintain consistent mental health assessments on all workers participating in the arduous project. With the help of Medibio’s platform AJJV intends to “increase worker health and safety over the life of the project”.
According to Medibio, the Check-in will be available to workers on and offsite, and seeks to understand the analytics behind mental health, safety and high performance.
Medibio shares rose around 9% on today’s news up to a high of $0.18 per share.