What all you need to know about Alcidion Group Ltd?
Building on strategic relationships and new informatics contract: Alcidion Group Ltd (ASX: ALC) is well known as a provider of intelligent Health Informatics technology for healthcare professionals with Clinical Decision Support Systems to ensure the highest quality of care for their patients. The company got listed on ASX in February 2016. On April 06, 2017, ALC stock price jumped up 5.6% as the group secured a hospital informatics contract worth $2.35 million from Western Hospital. This move will help the group to deploy its hospital information system across three public hospitals of Western Health, in the western suburbs of Melbourne. The contract has been valued for an initial three-year term at $1.45 million, and Western Health will hold the option to extend the agreement for $450,000 per annum for the subsequent two years. ALC had developed an intelligent Cardiovascular Information System (iCVIS) for FUJIFILM to look at the clinical risk, workflow and logistical issues encountered in cardiology departments, and both the groups have completed the delivery of the system to Sunshine Coast University Hospital in Queensland, Australia.
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