HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Healthcare division, Spacelabs Healthcare, has received a contract valued at approximately $1.6 million from a leading New Jersey based hospital system. The award-winning medical center will install Spacelabs patient monitoring & connectivity solutions across dual campuses and satellite facilities.