Alcidion Group has acquired patient flow software provider ExtraMed in a deal reportedly worth £5.3 million.
Alcidion works with more than 40 hospitals across the UK through its Miya product suite including electronic observation platform Patientrack.
The acquisition of ExtraMed, which specialises in providing NHS trusts with software that helps frontline staff make informed decisions based on real-time visibility of patient flow, will place it as a leader in the UK market for patient flow and command centre communications, Alcidion Group said in a statement.
ExtraMed currently has nine customers in the NHS, including involvement as a partner in a 10-year Digital Control Centre project at Salford Royal NHS Foundation Trust, part of the Northern Care Alliance NHS Group.
The agreement will see Alcidion Group purchase 100% of the shares in ExtraMed, which is wholly owned subsidiary of bedside communication and entertainment unit provider Hospedia.
According to The Market Herald the deal was worth £5.3 million.
Lynette Ousby, UK general manager for Alcidion, said: “Bringing ExtraMed and its team of experts in patient flow into the Alcidion Group is a fantastic opportunity to further enhance how we work with hospitals across the UK.
“The combination of our capabilities and our expanding partner network opens up exciting possibilities as we continue to grow our offering to help NHS hospitals and integrated care systems that want to advance digital maturity by complementing and orchestrating their existing systems.
“Existing ExtraMed customers will benefit from the knowledge and experience we have in developing and delivering technological systems that improve patient care, while current Alcidion customers may take advantage of the digital expertise ExtraMed has in patient flow, in ensuring that each patient gets to the right bed at the right time.”
Susan Say, managing director of ExtraMed, added: “All of our customers will continue to receive the same high standard of service as our team joins the wider Alcidion family.
“The Alcidion Group is a perfect fit for ExtraMed, as we join a clinically driven organisation with a strong history grounded in patient safety and digital innovation. We look forward to expanding what we can do for our existing customers and other hospitals in the NHS as well as strengthening our bond with the Northern Care Alliance.”