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.
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