Connecting to LinkedIn...

Blank

Capita acquires healthcare software firm, iSoft Business Solutions

Capita acquires healthcare software firm, iSoft Business Solutions

The Capita Group Plc (Capita') announces today that it has acquired McKeown Software Limited, trading as iSoft Business Solutions, for a consideration of 23 million on a cash-free, debt-free basis. iSoft Business Solutions, a subsidiary of iSOFT Group, is a leading provider of financial accounting and purchasing software to the public sector, including 60 per cent of English NHS trusts and many other local government, not-for-profit and housing association organisations.

The acquisition adds further depth and breadth of expertise to Capita's existing services for the health market, which includes running the NHS Choices programme, medical screening firm Premier Medical Group, health informatics firm CHKS, and the administration of both the Information Standard for healthcare information and the payment of national health patient fees to dentists on behalf of NHS BSA.

iSoft Business Solutions made a pro forma operating profit for its financial year to 30 June 2010 of 3.2 million on turnover of 17.7 million.

Tags:

Articles similar to

Articles similar to