Alcidion Group Limited (ASX: ALC) is pleased to announce today that it has signed a major deal with South Tees Hospitals NHS Foundation Trust (South Tees) for Alcidion’s Miya Precision solution and the Better OPENeP electronic prescribing and medicines administration (ePMA) system.
South Tees is the largest hospital trust in Tees Valley in the United Kingdom, with over 1,000 beds and employing approximately 9,000 clinical and operational staff and providing care for more than 1.5 million people.
In the largest Miya Precision contract Alcidion has signed to date, South Tees will also be the second NHS trust to procure a combination of Miya Precision and the Better OPENeP solution following on from early adopter Dartford and Gravesham NHS Trust.
The total value of the contract is $9.47M over five years, with approximately $0.96M to be recognised as Product implementation (one-off) revenue, with the remaining $8.51M representing recurring Product (licence + maintenance & support) revenue to be recognised over the five-year term of the contract.
Miya Precision will enable South Tees to digitise patient care processes and records while also providing a trust-wide orchestration layer to integrate this new clinical data with patient data in existing trust systems using the FHIR standard for data interchange.
This will allow information currently held in disparate systems to be consolidated and represented in a common format for application of artificial intelligence and use in advanced clinical decision support.
The Better OPENeP solution – a ‘next generation’ ePMA system – will allow the trust to digitise its prescribing and medicines administration processes. The solutions will launch concurrently at the trust in the first phase of the technology deployment, allowing for seamless integration between electronic observations, digital patient assessments, care planning and medication processes.
Dr Andrew Adair, Chief Clinical Information Officer and Emergency Medicine Consultant at South Tees, said this technology is designed for clinicians by people who really understand clinicians.
“Our agreement with Alcidion will allow us to accelerate our digital maturity and adopt modern technology that will have a very significant positive impact on the daily lives of the people who use it.
“We have been determined to finalise this agreement at a time of unprecedented pressure in the NHS. The systems we are about to implement will help to lighten the burden faced by clinical staff who are working fantastically hard, by reducing time spent on manual processes and providing some extremely impressive clinical decision support tools.
“We have chosen to work with Alcidion as more than just another technology supplier – but as a partner that has already demonstrated it understands the needs of our healthcare professionals, our digital strategy and the specific needs of our organisation.”