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ALCIDION GROUP LIMITED — Capital/Financing Update 2022
Apr 5, 2022
64360_rns_2022-04-05_2eabecf2-868f-4a59-9642-3870c1ed22f4.pdf
Capital/Financing Update
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6 April 2022
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Australian Securities Exchange 20 Bridge Street Sydney NSW 2000
East Lancashire Hospitals NHS Trust signs 5 year Miya Flow contract
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Agreement signed with East Lancashire Hospitals NHS Trust to implement Miya Flow
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East Lancashire are a current user of ExtraMed’s Inpatient Flow Manager, with new agreement representing the first upgrade from ExtraMed’s flow solution to Miya Flow
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Total contract value (TCV) of $1.43M over 5 years
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Miya Flow will overlay Cerner’s Millennium EPR to support clinical staff and streamline the patient journey, highlighting Alcidion’s interoperability with other technology providers
Melbourne, Victoria: Alcidion Group Limited (ASX:ALC) today advises that it has signed a 5 year agreement with East Lancashire Hospitals NHS Trust (East Lancashire) to implement the Miya Flow module of Miya Precision. The implementation of Miya Flow represents an upgrade to the existing ExtraMed patient flow solution which has been used at East Lancashire for almost a decade. This contract also represents the first customer upgrade from ExtraMed’s flow solution to Miya Flow following Alcidion’s purchase of ExtraMed in April 2021.
The new system will help busy wards and clinical teams, located across the large integrated healthcare organisation’s two acute hospitals and two community hospitals, to ensure streamlined admission, timely care and effective discharge management of 700,000 patients.
Miya Flow will provide clinical specialties with bespoke electronic journey boards that show important relevant information at-a-glance, for the patients in their care. This will mean that ward staff, medical staff, dieticians, therapists, pharmacists and a range of specialist clinical teams will have easier visibility of what they need to do to ensure patients move forward in their care journey without delays.
Deployment of the system will accompany the go-live of an electronic patient record (EPR), as the trust advances its digital transformation journey. The comprehensive display of NHS clinical workflow aligned information available in Miya Flow will overlay and integrate bi-directionally with the Cerner Millennium EPR and other trust systems, including Alcidion’s Miya Observations and Smartpage solutions.
The existing ExtraMed system has been in place for nearly a decade and has delivered significant benefits in moving flow related information from paper forms to more accessible digital information. It has also supported digital handover, specialist team referrals and provided intelligence to manage length of stay. The trust will be the first to upgrade from ExtraMed to Miya Flow which will also create the potential to use the new system to support virtual wards in the community.
Kate Quirke, Group Managing Director of Alcidion, said: “Patient flow has become an immediate focus for digital technology in healthcare as hospitals aim to improve efficiency at a time of huge demand, and as integrated care systems look to flow systems to help support command and control across their footprint. I’m particularly excited to expand our work with East Lancashire and to have the opportunity to add additional value to the trust’s systems and digital plans. I look forward to seeing benefits emerge for patients and the people delivering care.”
ENDS
Alcidion Group Limited | Level 10 9 Yarra Street SOUTH YARRA VIC 3141 | ABN 77 143 142 410 T +61 3 8060 6177 | W www.alcidion.com | E [email protected]
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For further information, please contact:
KERSTIN WAHLQVIST Alcidion [email protected]
About Alcidion
Alcidion Group Limited (Alcidion) has a simple purpose, that is, to transform healthcare with proactive, smart, intuitive technology solutions that improve the efficiency and quality of patient care in healthcare organisations, worldwide.
Alcidion offers a complementary set of software products and technical services that create a unique offering in the global healthcare market. Based on the flagship product, Miya Precision, the solutions aggregate meaningful information to centralised dashboards, support interoperability, facilitate communication and task management in clinical and operational settings and deliver Clinical Decision Support at the point of care; all in support of Alcidion’s mission to improve patient outcomes.
Since listing on the ASX in 2011, Alcidion has acquired multiple healthcare IT companies and expanded its foothold in the UK, Australia, and New Zealand to now service over 300 hospitals and 60 healthcare organisations, with further geographical expansion planned.
With over 20 years of healthcare experience, Alcidion brings together the very best in technology and market knowledge to deliver solutions that make healthcare better for everyone.
www.alcidion.com
© Alcidion Group Limited 2022. Alcidion, Miya Precision, Patientrack and Smartpage are registered trademarks. All other brands and product names and trademarks are the registered property of their respective companies.
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