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Alcidion Group (ASX:ALC) signs two contracts with Murrumbidgee Local Health District

Health Care
ASX:ALC      MCAP $88.60M
14 July 2020 13:30 (AEST)
Alcidion Group (ASX:ALC) - Group Managing Director, Kate Quirke

Source: Alcidion Group

Alcidion Group (ALC) has signed two contracts with Murrumbidgee Local Health District (LHD) for continued use of Alcidion’s Miya Precision platform and Miya MEMRe.

In April, Murrumbidgee LHD chose to use Miya Precision for 12 months, starting from January 1. The two contracts have a combined value of $686,000 and are intended to be used at the Wagga Wagga Base Hospital.

Miya Precision provides artificial intelligence-based predictive analysis, clinical support and mobile alerts in an easy-to-use dashboard.

Once deployed, a COVID-19 monitoring capability will be incorporated into Miya Precision to monitor COVID-19 positive and at-risk patients both in-hospital and remotely.

Miya MEMRe will also be rolled out to up to 200 clinicians, which is set to reduce the risk of infection from using shared devices.

Miya MEMRe is a mobile EMR solution which provides real-time and easy access to critical test results and risk indicators to improve clinical decision-making.

“We are delighted that Murrumbidgee LHD has elected to use Miya Precision and MEMRe,” Alcidion Managing Director Kate Quirke said.

“Furthermore, we are pleased to work with the team at Murrumbidgee LHD to further develop the COVID-19 monitoring solution to meet their needs as they utilise vital resources to manage the impact of this ongoing situation,” Kate added.

Company shares are up 3.33 per cent and are trading for 15.5 cents each at 1:01 pm AEST.

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