Transformative acquisition of Patientrack & MKM Health announced
We are very pleased to announce that the shareholders of Patientrack and MKM Health have entered into binding agreements for the acquisition of Patientrack and MKM Health by health informatics software company Alcidion Group. This will create a powerful, new market-leading specialist IT Company focused on next-generation patient safety, and decision intelligence technology for healthcare.
Patientrack is highly complementary with Alcidion’s software suite, and this acquisition creates a stronger and unique product offering for the UK market.
The acquisition will see MKM Health’s CEO Kate Quirke appointed as CEO of Alcidion Group. Donald Kennedy will continue to lead Patientrack UK.
For now, it is business as usual, and no changes for our customers. The transaction is subject to an Alcidion shareholder vote at an Extraordinary General Meeting expected to be held in late May 2018. Completion of the acquisition is expected on 29th June.