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Alcidion (ASX:ALC) inks $1.35m tech supply deal with UK health trust

ASX News, Health Care
ASX:ALC      MCAP $79.20M
22 March 2022 15:59 (AEST)
Alcidion (ASX:ALC) - CEO, Kate Quirke

Source: Alcidion

Alcidion (ALC) has struck a $1.35 million deal to supply its Miya Flow technology to Herefordshire and Worcestershire Health and Care NHS Trust for five years.

Through the deal, the NHS trust will be able to use Alcidion’s tech to streamline patient journeys by simplifying hospital and healthcare campus logistics, making for timely patient care and discharge, and efficient bed management across multiple sites.

The tech, which is part of Alcidion’s wider Miya Prevision platform, is designed to integrate with existing systems in a hospital to allow staff to view all patient information on a single electronic platform.

Through today’s contract, the tech will be rolled out across six community hospitals to help give workers real-time knowledge of bed capacity, early visibility of incoming patients with clinical context, and easy access to important patient information.

Deputy Chief Information Officer at Herefordshire and Worcestershire Health and Care NHS Trust Lisa Yates said introducing Miya Flow into the trust’s network would make a “big difference” to healthcare professionals in delivering care and enabling effective discharge pathways.

“Rather than recording information on isolated systems, logging in and out of different screens, and spending time phoning wards at different times of the day to understand bed capacity, our staff will have all the information they need at a glance to find the right beds for patients quickly,” Ms Yates said.

“Healthcare teams will also be able to see more easily which patients need their attention and will be able to plan their time and resources more efficiently.”

Meanwhile, Alcidion CEO Kate Quirke said Herefordshire and Worcestershire Health and Care NHS Trust had a strong reputation as a “digital exemplar”.

“We have seen that the trust has a real appetite for technology that can make the lives of healthcare professionals easier. That resonates strongly with Alcidion,” Ms Quirke said.

“As the NHS continues to deploy technology at pace, it is important to continue to listen to what clinical teams need.”

The Herefordshire and Worcestershire trust is the first community trust to procure Alcidion’s technology.

Alcidion shares were up 2.78 per cent to 18 cents each at 1:46 pm AEDT. The company has a $235 million market cap.

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