Kainos wins contract with University Hospital Galway parent
Industry insiders estimate contract for electronic medical record solution worth €2.3m
Mr Mooney, who won the EY Entrepreneur of the Year award last year, has led Kainos since 2001
Kainos, a Belfast-based provider of digital services and platforms, has signed a three-year deal to provide a new electronic medical record solution to the Saolta University Heath Group, which runs 11 hospitals in the west.
Financial details of the deal were not disclosed, however, industry insiders estimated it to be worth about £2 million (€2.3 million).
Saolta, formerly West/North West Hospitals Group, runs six hospitals across seven sites including University Hospital Galway.
The contract, Kainos’s first with Saolta, is for a minimum of three years, with provision for a further two year extension.
The new deal marks the first Irish customer for Kainos’s Evolve Platform. Evolve is a clinical document management solution that has been selected by 35 NHS Trusts and is in use in 110 hospitals in the UK, covering notes and images for more than 33 million patients.
Evolve will be implemented in a phased approach across Saolta’s entire 3,000-member clinical user base. The project will accommodate mobile access via Evolve’s solution for iPad, management of incoming patient referrals and onward patient flow, clinical quality management and integration with imaging systems.
“I’m pleased to announce this first contract win for Kainos Evolve in Ireland. This is testament to the quality of our offerings and the investment that we have in our healthcare platforms in recent years.
There is a large addressable market for Evolve and we remain committed to enhancing our offering and making further in-roads in Ireland and across the UK,” said chief executive Brendan Mooney.
Mr Mooney, who won the EY Entrepreneur of the Year award last year, has led Kainos since 2001.
The company, one of only two listed firms in Northern Ireland, employs about 1,000 staff across eight offices in Europe and the US.
It recently reported a 9 per cent jump in revenues for the 12 months ending March 2017 on the back of strong demand and geographic expansion, as it eyes a Brexit boon.
Revenues rose by 9 per cent to £83.5 million (€95.7 million), as pretax profits fell 7 per cent to £13.3 million in the 12 months to March 31st.