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 $2.9 million from a prominent Louisiana based hospital to provide patient monitoring and telemetry solutions, which are expected to be installed throughout the hospital’s care units.