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Alcidion Group (ASX:ALC) signs 12-month contract with Sydney LHD

Health Care
ASX:ALC      MCAP $84.57M
01 July 2020 13:00 (AEST)
Alcidion Group (ASX:ALC) - Managing Director, Kate Quirke

Source: Finfeed

Alcidion Group (ALC) has signed a 12-month, $560,000 contract with Sydney Local Health District (LHD) for its Miya Precision platform.

Miya Precision combines AI-based predictive analysis, clinical support, and mobile alerts in an easy-to-use dashboard.

This contract will see the Miya Precision platform be deployed to Sydney LHD’s virtual hospital, rpavirtual, which is being used for COVID-19 positive patients who are in home isolation.

“Miya Precision has the potential to provide valuable support for some critical short-term requirements for Sydney LHD, but also provides us with a platform to continue to innovate the delivery of patient care across the entire district,” Sydney LHD Chief Information Officer Richard Taggart said.

Patients will have their statuses displayed in real-time, as well as other relevant information to allow for the best possible care.

This reduces the risk of infection for healthcare workers, and the need for personal protective equipment (PPE).

“We are delighted to enter into this partnership with Sydney LHD. We have moved quickly to enable an initial rollout that addresses the short-term challenges raised by COVID-19,” Alcidion Managing Director Kate Quirke commented.

“The engagement allows us to demonstrate the value of our platform in one of the busiest hospitals in Australia operating across metropolitan Sydney, in the same way as we have done with the deployment at Murrumbidgee LHD for the rural sector,” she added.

Alcidion is up 10.3 per cent on the market and shares are trading for 16 cents each at 1:39 pm AEST.

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