● The technology is already deployed and operational at:
– Western Health (3 Hospitals).
– Northern Territory Health Department (5 Hospitals).
– Tasmania Health (4 Hospitals).
– Royal Melbourne Hospital.
– Coffs Harbour Base Hospital.
– Sunshine Coast University Hospital.
– NT Cardiac (about to be deployed).
● By providing clinicians with decision support tools and prompting care guidance in accordance with hospital approved clinical protocols, patient clinical outcomes may be improved.
● Listed Alcidion on the ASX on February 29 2016, with $7m in cash, with minimal debt.
● Posted two consecutive cashflow positive quarters for Q1 and Q2 in FY17, with total cash of $5.75m (plus R&D Tax Provision of $576k)
● Commenced our commercialiation strategy, which in broad terms will see the Alcidion Sales Team systematically engage the continuum of Australian and New Zealand healthcare.
● Executed a $2.35m Contract with Western Health, signifying the transition of our Patient Flow and Bed Management applications from Pilot Site to commercial utilization.
● Executed a $NZD1.60m Contract with the Mid Central District Health Board in New Zealand.
● Signed an agreement with Calvary Health to assist the organization with streamlining clinical coding and patient data across their facilities.
● Invested $1.5m developing a Computerized Physician Order Entry (CPOE) platform, in the form of a Best Practice Pathology Ordering product that automates the electronic ordering of pathology for ED physicians.
● Tasmania’s Northern Integrated Care Service went live with Alcidion.
● Deployed our Critical Test Results Management Platform across the Northern Territory.
● Announced that our strategic partner, FUJIFILM had secured multiples sales of our intelligent Cardiovascular Information System (iCVIS).
● Integrated into the Cerner EMR Platform –Alcidion’s first deployment in NSW.
● Reviewed potential acquisitions, that would compliment Alcidion Product Folio and contribute to the company’s overall profitability and accelerate the commercialisation initiatives.
Alcidion’s platform is installed into 15 large tertiary hospitals including Footscray, Sunshine, Williamstown, Royal Darwin & Alice Springs Hospitals and throughout Tasmania.
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