Alcidion and consortium partners selected as preferred provider for Department of Defence contract

  • Alcidion, as part of a Consortium, has been selected as the preferred provider for a major healthcare IT project to capture data and support clinical decision making across the Australian Defence Force
  • Alcidion will provide the Longitudinal Health Record via its Miya Precision product
  • Potential value of contract to Alcidion of approximately $21M over 5.5 years
  • Subject to final negotiations and Commonwealth funding approvals, final contracts expected in calendar Q4 2021

Alcidion Group Limited (ASX:ALC) today advises that it is a member of the consortium (the Consortium) selected as the preferred provider for an enterprise Healthcare Knowledge Management (HKM) System for the Department of Defence of the Australian Government (Defence).

Defence’s HKM project seeks to deliver a system that records, stores, aggregates and analyses health information for the Defence population. The HKM will capture and manage health data and information across Defence’s healthcare continuum and will unify multidisciplinary primary and occupational care, with emergency and hospital care in both garrison and deployed domains; enabling better clinical decision making at the point of care to empower a true joint health effect.

The Consortium is led by a global IT and engineering consulting firm with clients across multiple sectors in government, including Defence. It involves several other digital health partners, many of them leading Australian digital health providers, to provide the full system requirements.

Alcidion will provide the Longitudinal Health Record via its Miya Precision product, aggregating the data from Consortium partners and other systems in the Defence environment to support the HKM solution.

The value of Alcidion’s contract for Stage 1 and 2 of the project is estimated to be approximately $21M over 5.5 years (68 months). This phase will cover implementation and a subscription to the Miya Precision platform.

The prime contract negotiations are currently being finalised between the Consortium lead and the Commonwealth of Australia. Upon finalisation of the prime contract, Alcidion’s sub-contract will be finalised.

Project commencement is planned for calendar Q4 2021 and will be subject to final Government approvals for the funding and solution.

Managing Director and CEO Kate Quirke said: “Alcidion is looking forward to working with the HKM project team to bring the negotiations to a successful conclusion so we may start this exciting and significant project for Defence.”