Australia's largest listed health information technology company announced three new contracts in Germany totalling 1.34 million ($2.2 million), including iSOFT's Lorenzo Portal and the first order for the company's new picture archiving and communications system (PACS). All three contracts were finalised in November. Franciscans of the Holy Cross agreed to a 1 million contract for a hospital information system (HIS) at its St Marienwörth Hospital at Bad Kreuznach in the state of Rhineland-Palatinate. The investment is part of an overhaul of its IT infrastructure to underpin expansion plans and drive demand for its healthcare services. The contract includes 400,000 for licenses, 300,000 for services and 300,000 for support and maintenance for five years.
The deal includes iSOFT Portal, part of the Lorenzo Collaboration Suite, for GPs to refer patients and access patient records online. It also includes iSOFT's ClinicCentre HIS, its radiology information system, and iSOFT BusinessCentre for enterprise resource planning.
Meanwhile, Diagnostische Zentrum am Vincentinum agreed on an iSOFT PACS for its specialist diagnostic centre at Augsburg, in a deal worth 130,000. Significantly, this is iSOFT's first sale of the solution and the first time it is providing an application as a service. Partner company Ambicotec is hosting the application at its data centre at Frankfurt and will provide access on demand. The contract is worth 70,000 in license and implementation fees and 60,000 for services over five years.
"There is a growing trend in Germany and Europe generally for 'application services' that allow customers a high degree of flexibility at lower cost," said Peter Herrmann, Managing Director of iSOFT Central Europe. "It avoids the need for major investments in server technology and is a very attractive, cost-effective option for radiology centres of all sizes."
Muenster-based hospital group Misericordia has signed a 214,000 deal for iSOFT Laboratory to integrate services at its two laboratories at Muenster and one at Meschede. There is also an option to add another laboratory at Muenster. The contract includes 130,000 for licenses and implementation services and 84,000 for support and maintenance over five years.
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About iSOFT Group
iSOFT Group Limited (ASX: 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.
Today, more than 13,000 provider organisations in 40 countries use iSOFT's solutions to manage patient information and drive improvements in their core processes. The Groups sustainable development is delivered through careful planning, in-depth analysis of the market, and anticipation of our clients' evolving requirements. Our business is driven by the collective talent, experience and commitment of more than 4,600 specialists in 18 locations worldwide, including more than 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 clients comprehensive knowledge of local market requirements in terms of culture, language, working practices, regulation and organisational structure.