North East software firm acquired by Australian medtech company
An Australian healtech firm has acquired Silverlink PCS Software Limited.
Silverlink Software was founded in 1994 and specialises in Patient Administration Systems (PAS), servicing the NHS market with their flagship product Patient Case System (PCS).
A PAS captures all non-clinical information used in the daily management of a hospital holding data for administration and reporting of hospital activity. This acquisition will provide Alcidion with PAS capabilities to complement the existing clinical capacity in Miya Precision.
The combination of the two products alongside their network of partners provides Alcidion the opportunity to deliver a cloud-native, modern and modular Electronic Patient Record (EPR) / Electronic Medical Record (EMR) system to the NHS.
The investment includes 11 new trusts, expanding Alcidion’s UK customer base to 38 Trusts across the acute NHS market. It is estimated that approximately 60+ UK Trusts will need to upgrade their existing PAS software over the next five years.
Kate Quirke, Alcidion Group managing director said: “This acquisition is very exciting and aligns with our overall intention to enhance the services we can offer the NHS.
“We welcome the Silverlink team who together with our own senior leadership team have decades of product development and implementation experience in PAS. These skills and experience make this partnership a perfect fit.”
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