Software business acquires healthcare data analytics specialist
Leeds-based EMIS Group, which provides healthcare software and systems, has acquired primary care data and analytics specialist Edenbridge Healthcare, which is based in Wakefield.
The deal strengthens EMIS’s ability to support primary care services through the post-Covid recovery, and to drive the future transformation of the NHS.
EMIS acquired the business for £4m in cash paid from the Group’s existing cash resources, with further cash consideration of up to £6m payable on the attainment of certain performance targets.
Founded in 2014, Edenbridge is a provider of near real-time insights to primary care.
Its APEX software is used by over 1,000 GP practices and organisations such as Primary Care Networks (PCNs) and Clinical Commissioning Groups (CCGs).
Dr Shaun O’Hanlon, chief medical officer at EMIS Group, said: “This strategic acquisition sits at the heart of the NHS transformation agenda.
“Planning better, more efficient services and putting in place the right workforce for the future all require access to rich, data-driven insights.
“The acquisition of Edenbridge – already a partner of EMIS – complements our existing analytics proposition through our EMIS Analytics platform and adds a strong specialist capability for PCNs and Integrated Care Systems.”
Allison Homer, founder of Edenbridge Healthcare, said: “Our focus has always been to support frontline NHS organisations to better understand their workload and workforce data, to drive improved patient flow and outcomes.
“Becoming part of EMIS Group builds on our existing partnership and will open up a range of exciting new opportunities for us as we continue and grow our commitment to deliver solutions across primary care.”
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EMIS has also released a trading update for the year ended 31 December 2021, noting that it performed strongly in 2021, with revenue and adjusted operating profit ahead of 2020 and slightly above the top end of consensus for the year.
In EMIS Health, the Group’s revenues reflected a more normalised trading period compared to 2020, with a higher proportion of non-hardware revenues than the comparative period last year.
And in EMIS Enterprise, the Group says it continues to drive double digit growth in patient-facing services, analytics and pharmacy, and is continuing to support the NHS Covid-19 vaccination programme through its Pinnacle software.
Andy Thorburn, chief executive officer of EMIS, said: “I am delighted to confirm another year of positive progress at the top end of our expectations.
“Our business continues to build good momentum for the future, with our technology investment programme, bolt on acquisitions such as that announced today, and continued high quality customer-focused execution from our team.”
