ALC.ASX: ALC signs 7-year contract with UHSussex for EPR platform

ALC signs 7-year contract with UHSussex for EPR platform

Stock	Alcidion Group Ltd (ALC.ASX)
Release Time	25 May 2026, 8:21 a.m.
Price Sensitive	Yes

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Alcidion signs 7-year contract with UHSussex for EPR platform

Key Points

Contract signed with UHSussex for Miya Precision EPR platform
Total Contract Value (TCV) of approximately $35M for 7 years
Implementation to begin immediately with phase one go-live in June 2027
Expected $8.5M revenue recognition in FY26

Full Summary

Alcidion Group Limited has signed a 7-year contract with University Hospitals Sussex NHS Foundation Trust (UHSussex) to deploy its Miya Precision Electronic Patient Record (EPR) platform. The contract, valued at approximately $35M, includes options to extend to 10 years, potentially raising the total contract value to $49M. Implementation will begin immediately and is expected to last approximately 18 months, with a phase one go-live date targeted for June 2027. Alcidion expects to recognize approximately $8.5M in revenue in FY26 from this contract, primarily from an upfront license fee.

Guidance

Expected $8.5M revenue recognition in FY26

Outlook

The contract includes options to expand into further modules over time, which could further increase the total contract value.