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iSOFT Group Limited (ASX:ISF) Signs Fifth Lorenzo Site In Germany For A$1.9 Million Deal
Friday June 19 10:44 AM
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 EUR756,303 (A$1.3 million) in software license fees and implementation services, with EUR275,000 (A$478,000) payable this financial year, plus EUR325,188 (A$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 Saarbrucken, an existing customer for iSOFT's RadCentre radiology information system, said the company's past performance was an important factor in its decision after considering rival bids.
"Klinikum Saarbrucken 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."
Located at Saarbrucken, the state capital of Saarland, Klinikum Saarbrucken is a 600-bed teaching hospital for the University of Saarland. The acute care hospital employs 2,200 staff and treats 110,000 patients a year.
Other Lorenzo early adopters in Germany are Aachen, Leipzig, Krankenhaus Buchholz and Winsen.
About iSOFT Group Limited:
iSOFT Group Limited (ASX: ISF.AX) is the largest health information technology company listed on the Australian Securities Exchange, and trades globally under the name 'iSOFT".
iSOFT builds software applications for healthcare. We work with healthcare professionals to design and build solutions that answer all of the difficult questions posed by today's care delivery challenges. Our solutions act as a catalyst for change, supporting the free exchange of critical information across diverse care settings and participant organisations. We are the leader in the provision of advanced application solutions in modern healthcare economies around the world Today, over 13,000 provider organisations in 38 countries across five continents 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 our market and anticipation of evolving requirements. Our business is driven by the collective talent, experience and commitment of more than 4,600 specialists around the globe, including over 2,300 technology and development professionals.
A global network of iSOFT subsidiaries, supported by an extensive partner network, provides substantial experience of national healthcare markets. As a result we offer our customers comprehensive knowledge of local market requirements, in terms of culture, language, working practice, healthcare regulation and organisational structure.
For more information on iSOFT, please visit the company's website at www.isofthealth.com
Contact:
Gary Cohen Executive Chairman & CEO iSOFT Group Limited Tel: +61-2-8251-6700 Email: gary.cohen@isofthealth.com Stuart Kelly Director, Corporate Affairs iSOFT Group Limited Tel: +61-2-8251-6769 Mob: +61-404-082-361 Email: stuart.kelly@isofthealth.com
Source:
iSOFT Group Limited
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