HEIS provides software to 21 hospitals within the NHS, many of which also use Ascribe’s Pharmacy or Accident & Emergency systems. In the year ended 31 March 2005, HEIS made a profit before tax of GBP0.52 million on a turnover of GBP2.5 million. The value of the net assets being acquired is estimated at approximately GBP1.15 million.
Ascribe develops and markets software supporting hospital units, including patient administration systems (PAS) and medical equipment management platforms.
Commenting, Stephen Critchlow, executive chairman of Ascribe, said: This acquisition positions Ascribe firmly as a leading health IT solutions provider across primary and secondary care.
