Posts Tagged ‘ISF’

iSoft Group Secures Malaysian Contract

Wednesday, December 23rd, 2009

iSOFT Group Limited (ISF) – Australia’s largest listed health information technology company today announced deals totaling $2.3 million for its Hospital Information System (HIS) at hospitals in Malaysia and Oman. OpenApps Sdn Bhd, a partner of the Malaysian government, agreed to a three-year, 4 million ringgit ($1.3 million) contract for iSOFT’s HIS at Keningau Hospital in the state of Sabah. The agreement, which will start in January 2010, includes a patient management system, clinician database, billing, pharmacy and laboratory solutions. The total value consists of a license fee, with the remainder in support and maintenance over the period. The Ministry of Defence in the Sultanate of Oman agreed to a three-year support and maintenance deal worth RO351,000 ($1 million) for iSOFT’s HIS at four sites in Muscat and Salalah. The contract also includes an option to extend the license to about 40 remote clinics.

“These deals are significant in the context of their regions, and demonstrate iSOFT’s ability to help deliver healthcare outcomes for governments worldwide,” said Gary Cohen, Executive Chairman & CEO.

iSOFT Group Limited (ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world’s biggest providers of advanced application solutions in modern healthcare economies. iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges. Our solutions act as a catalyst for change, supporting free exchange of critical information across diverse care settings and participating organisations.

www.isofthealth.com

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iSOFT Acquires Patient Safety International

Friday, November 27th, 2009

iSOFT Group Limited (ISF) – Australia’s largest listed health information technology company today announced it acquired Patient Safety International Pty Ltd. (PSI) in a deal worth up to $5 million as part of the company’s strategy of boosting its portfolio of innovative solutions through bolt-on acquisitions. The acquisitions provides iSOFT with state-of-the-art patient safety software that enables healthcare organizations to record, monitor and take relevant management action to minimize future adverse medical events. South Australia- based PSI’s AIMS solution uses an ontology that comprises a comprehensive set of some 25,000 terms developed by the Australian Patient Safety Foundation. iSOFT paid an initial consideration of $1.07 million. The remainder may be paid out as an earn-out over three years. The company expects PSI to contribute $2 million in revenue at 25% EBITDA in FY10 and grow this contribution going forward. Currently used in Australia, South Africa and the U.S, the AIMS solution can be applied in most markets including the emerging Patient Safety Organizations (PSOs) in the U.S.

“This is the kind of acquisition that goes straight to the heart of improving patient safety and lifting the overall quality of health care,” said Gary Cohen, iSOFT Executive Chairman & CEO. “PSI’s software is an explicit example of how innovative technology is being used directly to enhance patient safety through analysis and prevention of errors. PSI is an outstanding contribution to iSOFT’s reputation as a world-class provider of healthcare IT solutions.”

iSOFT Group Limited (ISF) is the largest health information technology company among the world’s biggest providers of advanced application solutions in modern healthcare economies. iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges. Patient Safety International Pty Ltd (PSI) was formed in October 2000 as a fully owned subsidiary of the Australian Patient Safety Foundation (APSF). As the commercial arm of the APSF, PSI is responsible for the marketing, technical development and support of the AIMS incident management system. The APSF forms the research basis of PSI and is responsible for on-going development of the classification schema.

www.patientsafetyint.com

www.isofthealth.com

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iSoft Adds Another $9 million New Contracts In September

Friday, October 2nd, 2009

Australia’s largest listed health – iSOFT Group Limited (ISF) information technology company today announced it signed contracts totalling more than $9 million in August and September.  In the largest deal, worth £1.34 million ($2.4 million), iSOFT agreed to continue supporting its patient administration system (PAS) with Frimley Park Hospital NHS Foundation Trust in Surrey, England, for a further three years. The agreement demonstrates iSOFT’s commitment to directly servicing customers in the south of England under recent changes to the National Programme for IT, which allow hospital trusts in the southern region to engage directly with iSOFT. Frimley Park is the fifth NHS trust in southern England this year to extend support agreements after upgrading to the latest version of PatientCentre PAS. The deal, which boosts the company’s global footprint to 40 countries, follows agreements with Mexico and Honduras in the past year as it seeks growth opportunities in Latin America.

In Germany, ISOFT won orders with two new customers totaling €1.08 million ($3 million). Kreiskrankenhaus Frankenberg has committed to iSOFT’s HIS for six years. Klinik Vincentinum, Augsburg, agreed on a five-year contract for a radiology information system in a license-only deal. In the Netherlands, iSOFT agreed on a services contract worth more than €500,000. In Australia, iSOFT won orders worth $1.9 million as Victoria Health continues to implement iSOFT’s i.Patient Manager solution in acute care and community care settings across the state. To date iSOFT and Victoria Health have implemented i.PM in seven agencies, with an additional three currently in progress.

“These contracts demonstrate iSOFT’s strategy of strengthening our presence in our core markets in Australia, Europe and the U.K, while at the same time leveraging our global brand by securing new customers in identified growth markets in Latin America,” said Gary Cohen, Executive Chairman & CEO.

iSOFT Group Limited (ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world’s biggest providers of advanced application solutions in modern healthcare economies.  iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges.

www.isofthealth.com

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iSoft Share Purchase Plan

Tuesday, September 8th, 2009

iSoft Group  (ISF) announced on the 4/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 1/9/2009 on which shareholders must own the share to participate in the SPP. The closing date is the 6/10/2009.  Shares will be issued on 15/10/2009 and begin trading soon after.  A maximum of $15,000 can be purchased by each shareholder at a 5% discount to the volume weighted average price (VWAP).

Discount : 5.0% Liquidity : Good  Profitability : Good  Stability : Good

www.isofthealth.com

* Note: Discount is based on the closing price on the 4 September 2009.

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iSoft Group Share Purchase Plan

Tuesday, September 8th, 2009

iSoft Group (ISF) announced on the 4/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 1/9/2009 on which shareholders must own the share to participate in the SPP. The closing date is the 6/10/2009. Shares will be issued on 15/10/2009 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at a 5% discount to the volume weighted average price (VWAP).

Discount : 5.0% Liquidity : Good Profitability : Good Stability : Good

www.isofthealth.com

* Note: Discount is based on the closing price on the 4 September 2009.

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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iSoft Group Ex Dividend On 16/9/2009

Monday, September 7th, 2009

iSoft Group Limited (ISF) will go ex dividend on 16/9/2009. The current dividend payment is 1 cents and it is 0% franked. The record date is 22/9/2009 and the dividend will be paid on 6/10/2009. Based on the full year payment the dividend yield is 1.2%.

Current Yield: 1.2% Franking: 0% DRP Discount: Not Available

www.isofthealth.com

*Yield has been calculated on the closing price on the 4/9/2009. Current yield is based on the current dividend payment only.

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ISoft Acquires US Based BridgeForward

Thursday, August 13th, 2009

iSOFT Group Limited (ISF) – Australia’s largest listed health information technology company today announced it acquired U.S application integration software developer BridgeForward, Inc in a deal worth up to US$14.9 million (A$17.9 million). The acquisition boosts iSOFT’s portfolio of interoperable solutions for the global healthcare market, and also gives the company its first toehold in the United States. The acquisition, which expands iSOFT’s international footprint to 39 countries, provides iSOFT with a state-of-the-art integration engine that together with its own Lorenzo Health Studio solution provides the flexibility and interoperability called for in the U.S Government’s drive to enable electronic patient record connectivity.

“In BridgeForward, we have acquired intellectual property that will significantly enhance Lorenzo’s flexibility and interoperability as a solution to fit health organizations across the entire spectrum of care,” said Gary Cohen, Executive Chairman & CEO. “We welcome BridgeForward to the iSOFT fold, and look forward to working with their talented staff as we boost our impressive offering of solutions for the U.S marketplace.”

iSOFT paid BridgeForward shareholders an initial consideration of US$4.9 million (A$5.9 million). A further earn-out, capped at US$10 million, may be paid over about five years. BridgeForward will operate as subsidiary of iSOFT from its offices in Boston and London. Founded in 2005, BridgeForward has become one of the leading providers of application integration technology in healthcare. The team has more than 15 years experience helping healthcare providers reduce the challenges associated with data integration and data migration. The company’s solutions are installed in more than 4,000 organizations in the U.K, U.S, Canada and Europe, including Partners HealthCare in Boston and Cleveland Clinic. BridgeForward’s latest release “Viaduct™,” which enables users to design and build complex integration processes, is a graphical interoperability platform that enables legacy applications to participate in a service-oriented architecture (SOA). Viaduct will continue to be sold as a standalone integration solution, and will also be embedded in SOA-based Lorenzo to boost iSOFT’s capacity to meet the increased demand for an interoperable, scalable solution that enables the global healthcare industry’s transformation towards full digitization and interconnectivity of patient records.

www.isofthealth.com

www.bridgeforwardsoftware.com

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iSoft Wins Anoter New Contract in Spain

Tuesday, July 21st, 2009

Australia’s largest listed health information technology company, iSOFT Group Limited (ISF) today announced that it renewed a contract, worth €3.33 million ($5.9 million), to support and maintain its regional primary care solution with the Castilla la Mancha Healthcare Service (SESCAM) in Spain for a further four years. The agreement includes services, training and maintenance of Turriano, a robust regional primary care solution developed by iSOFT. Turriano is based on iSOFT’s e-SIAP solution, and was developed under a 2003 SESCAM contract.

“Turriano is being referenced in other countries such as Portugal and Latin America,” said Guillermo Ramas, iSOFT Managing Director for Southern Europe and Latin America. “It is a privilege for iSOFT to help SESCAM offer a quality healthcare service to its citizens with the objective of having a complete primary care medical record.”

iSOFT Group Limited (ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world’s biggest providers of advanced application solutions in modern healthcare economies. iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges. Its solutions act as a catalyst for change, supporting free exchange of critical information across diverse care settings and participating organisations. Today, more than 13,000 provider organisations in 38 countries use iSOFT’s solutions to manage patient information and drive improvements in their core processes. The Group’s sustainable development is delivered through careful planning, in-depth analysis of the market, and anticipation of our clients’ evolving requirements. A global network of iSOFT subsidiaries, supported by an extensive partner network, provides substantial experience of national healthcare markets.

www.isofthealth.com

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iSoft Announces 3 New Contracts in UK

Tuesday, July 14th, 2009

iSOFT Group Limited (ISF) – Australia’s largest listed health information technology company today announced three key contracts for its Integra suite of Web-enabled financial and purchasing solutions, including two in new sectors that offer growth potential for iSOFT’s Business Solutions unit. The agreements, totaling about $1.6 million, are with Australia’s St Vincent’s and Holy Spirit; Scope, a U.K charity for people with disabilities; and U.K housing association Spectrum Housing Group. About 400,000 of the total is for software licenses, $700,000 is for implementation services, and $530,000 is for support and maintenance over five years.

“These deals demonstrate that our financial solutions business is gaining traction with a wider, global customer base against other competing financial solutions,” said Eamonn Morris, Managing Director of iSOFT Business Solutions. “We identified public sector markets as being particularly suitable for our Integra suite of solutions, and it’s pleasing to see these efforts are already paying off.”

In its third contract for Integra in Australia, iSOFT will install a complete financial and e-purchasing solution for St Vincent’s and Holy Spirit, including modules for Web-requisitioning and business intelligence. iSOFT has identified a demand for modern, Web-based solutions that drive-out inefficiencies in finance and purchasing processes to reduce costs. In the U.K, Scope is buying an Integra e-procurement solution to raise orders online at its London head office and 370 shops across England and Wales. It will also use the OCR (optical character recognition) module to scan invoices, eliminate errors and speed the approval process. The charity expects savings of £500,000 over five years, as well as financial benefits arising from improved relationships with suppliers. The agreement with Spectrum, one the U.K’s largest housing associations with 16,000 properties in the south of England, includes the full Integra financial suite plus the business intelligence and OCR modules for its seven offices. The Web-based solutions will allow users to raise purchase orders and access financial data to control invoices, payments and costs.

iSOFT Group Limited (: ISF) is the largest health information technology company and among the world’s biggest providers of advanced application solutions in modern healthcare economies. It works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges. The Group’s sustainable development is delivered through careful planning, in-depth analysis of the market, and anticipation of its clients’ evolving requirements.

www.isofthealth.com

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iSoft Secures Fifth German Contract

Monday, June 22nd, 2009

iSOFT Group Limited (ISF) – Australia’s largest listed health information technology company today announced that Klinikum Saarbrücken will become the fifth early adopter site in Germany for its Lorenzo next-generation solution, as part of a €1.08 million ($1.9 million) deal for a hospital information system. Under the three-year contract, iSOFT will this year install its ClinicCentre HIS solution, and gradually replace individual modules with Lorenzo functionality as it becomes available. The deal is worth €756,303 ($1.3 million) in software license fees and implementation services, with €275,000 ($478,000) payable this financial year, plus €325,188 ($566,000) for support and maintenance over three years. Replacement of the hospital’s existing Nexus inpatient system with iSOFT’s ClinicCentre solution is due to be completed in September this year. The first Lorenzo component is expected to be installed in 2010. Based on Lorenzo technology, the iSOFT Collaboration Suite (iCS) portal will allow GPs access to hospital patient records using standard Web browsers. Lorenzo is a next-generation suite of healthcare applications based on service-oriented architecture. iCS allows the secure exchange of patient information between care providers to improve collaboration between care teams.

“Klinikum Saarbrücken is one of Germany’s major general hospitals and renowned for using the latest technology in medicine and patient care,” said Peter Herrmann, Managing Director of iSOFT Central Europe. “Its decision to adopt Lorenzo is further recognition that we have the right strategy; one that offers customers a clear path to migrate to a next-generation solution at a pace that suits their needs and budgets, while building on existing investments.”

iSOFT Group Limited (ISF) is the largest health information technology, and among the world’s biggest providers of advanced application solutions in modern healthcare economies. iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges. Our solutions act as a catalyst for change, supporting free exchange of critical information across diverse care settings and participating organisations. Today, more than 13,000 provider organisations in 38 countries use iSOFT’s solutions to manage patient information and drive improvements in their core processes. The Group’s sustainable development is delivered through careful planning, in-depth analysis of the market, and anticipation of our clients’ evolving requirements.

www.isofthealth.com

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