iSOFT seals multiple deals worth $7 million

Peter Dinham
Monday, 06 July 2009 14:05

IT Industry - Deals

Australian health IT vendor, iSOFT, has crossed the Tasman and back to secure multiple health industry deals in New Zealand and Australia totalling more than $7 million.

iSOFT executive chairman and CEO, Gary Cohen, said today a contract had been inked with district health boards in New Zealand - a second early adopter for iSOFT’s community care solution in Australia - and another which gave the company a strategic foothold in the Council of Australian Governments’ (COAG) new GP Super Clinics National Program.

iSOFT has also sold pharmacy and medicines management solutions developed by Hatrix, the Canberra-based software company that was acquired in April.

Cohen claimed the contracts demonstrated that iSOFT “is going from strength to strength in Australia and New Zealand, which is one of our core markets,” and, he added the company was “building on our global footprint by offering existing clients our latest solutions, as well as seeking out new partnerships.”

Under the new contracts, in New Zealand, the district health boards (DHB) of Northland, Canterbury, Mid-Central, and Wairarapa signed a five-year support and maintenance agreement for iSOFT’s patient administration system, totaling about $4.1 million, and iSOFT says it will also provide a range of enhancements to a number of other district health boards in New Zealand in agreements worth more than $395,000.

Cohen says that iSOFT has also agreed on a regional pharmacy system with three DHBs in Auckland, and a medicines reconciliation system with Taranaki DHB, in five-year deals totalling about $581,000. In both cases, Cohen says, iSOFT will install “leading-edge clinical software from the former Hatrix business,” with the solutions helping to meet new standards set by the Safe Medication Management group and providing a foundation for full medication management.
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