Northern Care Alliance to implement ALC's Miya Precision
Alcidion Group Ltd
Key points
- New expanded contract with NCA
- Total Contract Value (TCV) of $7.5M
- In year revenue expected to be approximately $4.5M
Full summary
Alcidion Group Ltd announced a new contract with Northern Care Alliance NHS Foundation Trust to implement its Miya Flow solution across multiple sites. The total contract value is $7.5M over an initial three-year term, with options to extend for two more years and expand to additional modules. The contract includes upgrading the existing ExtraMed Flow product at Salford Royal Hospital to Miya Flow and adding additional sites within the Trust. Expected in-year revenue is approximately $4.5M, including a six-month renewal of the Extramed subscription during the implementation of Miya Flow.
Guidance
Total Contract Value (TCV) of $7.5M over three years, with options to extend and expand
Outlook
Alcidion expects to see Miya Flow deployed more broadly across the Trust, replacing and upgrading existing capabilities and supporting operational efficiency.