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clock Created with Sketch. 03/08/16
10:04
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Originally posted by Wise_One
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We are witnessing the beginning of an epic run for ALC as the market awakens to it's technology, prospects, management team and runs on the board.So what does this tech do? How does it work & how does it help hospitals? ALC has a technology platform called "Miya" which brings together disparate tech systems in different areas such as pathology, oncology or ED & centralises the data so that patient diagnosis, care history & test results are available in one place. You would be shocked at the level of mis-communication at hospitals with different departments keeping different records & doubling up on tests etc... this all takes time & utilises precious hospital staff resources & beds! With MIYA, doctors, using a simple iPad around the ward, can have all the relevant info at their fingertips. How is this important in US? So - US hospitals are being required - BY LAW - to rollout the exact product that ALC has perfected & is being adopted at a rate of knots in Australia. ZERO CR RISK which is also a bonus. EV @ 10c = 55m & EV @ 20c = 115m.
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Also worth noting that Nathan built and sold a Medtech business himself (CommtechWireless). Malcolm Pradhan CMO is regarded as one of the leaders in CDS.
