Healthcare Software Systems has been bought by newly created holding company – Wellbeing Software Systems – and plans to significantly re-invest in its businesses.

EHealth Insider reported last month that Radman House Group – the parent company of HSS and other health IT companies – had been placed into administration.

Wellbeing Software Systems will now operate HSS, which is responsible for the widely used HSS radiology information system, HSS Euroking, provider of the EuroKing maternity system, and Apollo Medical Systems, which supplies data extraction software to GP practices.

HSS managing director Ian Judd said Wellbeing Software Systems was independently owned and would not be involved in the running of its subsidiaries.

He also said the new arrangement gave HSS "freedom" to invest in its business.

“Before we were being restricted in investment within the business. This restructuring has got rid of the funding bottle neck to allow us now to be able to go and do some pretty cool and funky things,” said Judd.

“We are expanding the staff in line with the opportunities for the 2013 renewal work which is underway [ahead of the end of national PACS/RIS contracts in 2014-15].”

Judd said a large proportion of the country’s trusts are re-procuring their PACs and RIS systems. “We think we are going to pick up the lion’s share of that," he said.

"This restructuring gives us the money and the backing to be able to extend the team in advance of winning this business, so we are in a position to be able to handle the additional work load we are going to get over the next 18 months."

Judd added that HSS Euroking would also be receiving significant investment as it had been “neglected over the past 18 months." This will involve a strengthening of staff, service support, and product development.

He also said there wer huge opportunities to expand in the maternity market, which is much less developed then the PACS and RIS markets, as many maternity departments do not have systems.

Wellbeing Software Systems was incorporated as a private limited company on 26 January this year.

The new group’s main office is in West Sussex and its directors are Deborah Susan Jenkins and Hans Georg Hinderling.