ALC 20.0% 6.6¢ alcidion group limited

Ann: Alcidion and Calvary Health Care Collaboration, page-59

  1. 85 Posts.
    lightbulb Created with Sketch. 6
    Just looking at the dollar value of some of those projects, we're talking about hundreds of millions in expansion:

    Calvary Adelaide Hospital - SA
    - This project involves the design, construction and leasing of the largest ever private hospital to be built in South Australia and the first new private hospital in nearly 20 years.
    Total project value: $300 million
    Target completion date: early 2019

    Calvary Muswellbrook:
    Total project value Stage One: $23 million
    Target completion date: March 2017

    Calvary Bruce Private Hospital
    Total project value: $73.8 million
    Target completion date: July 2017

    Lenah Valley Theatre Redevelopment
    Total project value: $23.4 million
    Target completion date: mid 2018

    Rehabilitation and Palliative Care Units
    Total project value: $9.3 million (completed)

    These guys aim for the very best in technology and patient care.

    "Calvary’s ‘Hospital for the future’ to open in 2017"

    Calvary ACT Bruce Private’s new ‘Hospital for the future’ will feature eight state of the art operating theatres accommodating everything from day surgery procedures to complex surgery in digital operating suites, along with private single rooms with hotel like ensuites and finishes.

    https://www.calvarycare.org.au/blog/2016/03/21/calvarys-hospital-future-open-2017/

    "The new Calvary Bruce Private Hospital is an explicit demonstration of our commitment to reinvest everything we earn in essential infrastructure, facilities and staff".

    "The new hospital is being funded by Calvary at a construction cost of nearly $62 million, with a further $6.6 million being spent on additional specialist medical and hospital equipment."

    “More than 350 jobs are created during construction of the hospital. Once constructed, a further 50 new full time clinical and administrative positions will be created in addition to existing staff, who will move into the new Calvary Bruce Private Hospital.”

    Even the Calvary’s Bruce Car Park (recently completed) had a project value of $17M.

    As per the "Calvary Strategic Plan 2016-2020" (1MB)
    https://www.calvarycare.org.au/about/strategy/
    => A key element of the plan is investing in technology to assist in building a high reliability culture.
    => Aim 4: Grow, integrate, innovate:
    - Develop close linkages between streams and develop the one Calvary.
    - Leverage economies of scale and investments in core systems and technology.
    - Invest in complementary, new lines of business to enhance the care we can offer.
    - Accelerated investment in a fully-implemented integrated system – a digital environment putting the people we serve in the centre.

    With this scope of expansion going on, and the agreement with Alcidion to provide Calvary with streamlining clinical coding and patient data across all their facilities, this is looking like a massive win for Alcidion as well as a huge endorsement for future exponential growth.

    Also love this bit from "padlock":
    "From NB
    .....Once a Data Lake has been developed, the Miya platform may then be utilised to analyse all of this information in real time for a myriad of applications, from Patient Flow, Activity Based Funding, Predictive Analytics et al…
    Stay tuned"


 
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