Alcidion Corporation

What Alcidion Corporation does

Alcidion Corporation is an Australia-headquartered health informatics company, founded in 2000 and publicly listed on the ASX (ALC), that builds modular clinical workflow, patient flow, and virtual care software for public healthcare providers. The company's core platform, Miya Precision, is a FHIR-events architecture that consolidates real-time data from disparate EPR, EMR, and clinical systems into a longitudinal record and applies AI-driven clinical decision support (NEWS2 early warning scoring, AKI prediction, deterioration alerts) to surface actionable insights. Around this platform, Alcidion sells a portfolio of modules including Miya Flow (patient flow), Miya Care (remote patient monitoring), Miya Observations/Assessments (formerly Patientrack), Smartpage (clinical communication), Miya MEMRe (mobile EMR), and Miya Emergency, supplemented by acquired product lines Silverlink (UK) and Kyra flow products (ex-Telstra Health).

The company generates revenue primarily through multi-year enterprise software subscriptions and implementation services, with 7-year EPR contracts (e.g., University Hospitals Sussex NHS Foundation Trust) as the high end of the deal size range. Go-to-market is enterprise field sales targeting NHS trusts, Australian Hospital and Health Services, and New Zealand District Health Boards, supported by reference customers across 95 healthcare organizations. Recognized as the 11th fastest growing tech company in Australia (Deloitte Tech Fast 50, 2019) with 607% revenue growth from 2017-2019, Alcidion has subsequently expanded through acquisitions (MKM Health, Patientrack, Oncall Systems, Extramed, Silverlink, Kyra) and holds ISO 27001 and Cyber Essentials Plus certifications. Reported revenue declined from $40.4M AUD (FY23) to $37.1M AUD (FY24), against widening net losses of -$8.4M AUD, with Q3 FY26 commentary indicating a 9% revenue recovery underpinned by new contract wins and accretive M&A.

Name

Alcidion Corporation

Legal name

Alcidion Aus Pty Limited

Website

https://alcidion.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Alcidion Corporation is an ASX-listed health informatics company that provides the Miya Precision FHIR-events platform and modular clinical workflow, patient flow, and virtual care software to public hospitals across Australia, New Zealand, and the UK.

Ownership category

akta.pro rank

Product category

Healthcare Informatics Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

EHR/EMR Integration & Interoperability Middleware (HL7/FHIR) (HLALAKAD)

akta.pro secondary industries

Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO), Multi-Condition RPM Platforms & Care Orchestration (device-agnostic, population management) (HLALAFAL), Adherence, Reminders & Engagement Automation (Medication/Follow-up) (HLACAEAJ)

Keywords

• Healthcare informatics software
• Electronic patient records
• Clinical decision support
• Patient flow management
• Remote patient monitoring

Headquarters

HQ city

South Yarra

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Licensing and Subscriptions: Alcidion provides its Miya Precision platform and related modules (Patientrack/Smartpage) to healthcare organisations under enterprise licensing agreements. Contracts are multi-year (e.g., 7-year EPR contracts) with recurring revenue from software subscriptions and platform access.
2. Acquisition Revenue: Revenue contribution from acquired products including Telstra Health's Kyra flow products. Bell Potter analyst notes acquisition valued at up to $4 million is accretive with immediate revenue contributions.
3. Implementation and Professional Services: Deployment, customisation, and implementation services delivered alongside software licensing. Collaborative approach with NHS trusts and health services to tailor solutions to organisational needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Alcidion develops and licenses the Miya Precision platform, a FHIR-events healthcare informatics platform that consolidates real-time data from disparate clinical systems into actionable insights for patient care. The platform is complemented by a suite of modules (patient flow, virtual care, clinical observations, mobile EMR, and clinical communications) sold primarily to NHS trusts, Australian Hospital and Health Services, and New Zealand District Health Boards under multi-year enterprise licensing agreements.

Product overview

Alcidion offers a modular platform architecture centered on Miya Precision, a FHIR-events platform that consolidates real-time data from disparate healthcare IT systems to provide actionable clinical insights. The platform is complemented by specialized modules including Miya Flow (patient flow), Miya Access (bed management), Miya Command (operations centre), Miya Care (remote patient monitoring), Miya Observations and Assessments (bedside observations and risk screening, formerly Patientrack), Miya MEMRe (mobile EMR with AI decision support), Miya Mobile (iOS/Android mobile access), Miya Specialty (virtual care dashboards), and Miya Emergency (ED coordination). Additional solutions include Smartpage (clinical communication), Modern Modular EPR, Integrated Care Record, Virtual Care, and Operations Centre. The recent acquisition of Kyra flow products from Telstra Health added Kyra Patient Flow Manager, Kyra Queue Manager, and Kyra IQ to the portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Miya Precision: FHIR-events platform facilitating clinical and operational applications for healthcare providers
• Miya Care
• Miya MEMRe
• Patientrack
• Smartpage
• Kyra Flow Products

Products and services

• Miya Precision FHIR-events healthcare informatics platform that consolidates real-time data from disparate EPRs, EMRs, and clinical systems into a single longitudinal patient record, applying clinical decision support and AI to deliver actionable insights for patient care; sold to NHS trusts, Australian Hospital and Health Services, and NZ District Health Boards under multi-year enterprise licensing.
• Miya Flow (Patient Flow) Patient flow management solution providing real-time visibility of bed allocation, patient journey tracking, and discharge planning across hospital settings; sold to public hospitals and health services.
• Miya Care (Virtual Care) Patient-facing mobile application for remote patient monitoring through wearable device integration, care plan management, vital sign capture, and telehealth coordination; enables hospital-at-home and virtual ward programmes for healthcare organisations.
• Miya Observations and Assessments (formerly Patientrack) Bedside observation capture and risk screening assessment tools that automatically calculate NEWS2 and provide alerts when patients are at risk of deterioration; includes AKI predictive scoring and sepsis screening; sold to acute hospitals.
• Miya MEMRe Mobile EMR clinical app built on Apple iOS using FHIR and AI to deliver clinical decision support, real-time patient monitoring, and critical notifications; sold as a mobile add-on to the Miya Precision platform for clinicians on the move.
• Smartpage Clinical Clinical communication and task management solution replacing legacy paging systems with structured two-way messaging, ISBAR structured communication, read receipts, and integration with patient data; sold to healthcare organisations as a standalone module.
• Modern Modular EPR

Quantifiable outcome

• 75% reduction in cardiac arrests at Basildon and Thurrock University Hospitals
• +8 more outcomes

Named customers21 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability6 records

Feature8 records

Partnerships

One partnership is on record.

• Telstra HealthcoreStrategic or Co-development Partner · 18 May 2026Alcidion signed agreement to acquire Telstra Health's Kyra flow products (Kyra Patient Flow Manager, Kyra Queue Manager, and Kyra IQ) for up to $4 million. This acquisition expands Alcidion's presence across Australia, particularly in Queensland where Kyra products are used by majority of Hospital & Health Services, adding more than 30 new customers. Telstra Health is building a care intelligence ecosystem and chose Alcidion as the right owner to continue supporting hospital care customers.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• InterSystems: InterSystems provides HealthShare, a FHIR-based health informatics platform that aggregates and normalises data across EPRs/EMRs and powers population health, clinical decision support and interoperability — closely comparable to Alcidion's Miya Precision in technology stack and customer base.
• Orion Health: New Zealand-headquartered health informatics vendor with integrated care records, patient flow and population health platforms sold across ANZ, UK and North America; most directly comparable peer given shared ANZ roots and overlapping NHS/health-system footprint.
• Dedalus: European health IT group providing EPR, clinical workflow and interoperability solutions across UK NHS, Italy and Germany; competes head-to-head with Alcidion in UK NHS tenders and offers comparable modular EPR capability.
• System C Healthcare: UK-focused EPR and clinical workflow vendor serving NHS trusts with integrated patient flow and mobile clinical solutions; competes in the same NHS procurement frameworks as Alcidion.
• Nervecentre Software: UK EPR vendor specialising in patient flow, e-observations and clinical handover for NHS trusts; closely overlaps with Alcidion's Miya Observations, Miya Flow and Smartpage modules.

Broad incumbents

• Epic Systems: Largest US-based EPR vendor, expanding aggressively into NHS trusts (e.g., Imperial, Manchester) and embedding FHIR-native patient flow and AI clinical decision support; represents the long-term competitive threat to Alcidion's overlay positioning.
• Oracle Health (Cerner): Global EPR and population health incumbent offering integrated patient flow and clinical decision support as part of its Millennium platform; competes in NHS and ANZ hospital markets.
• MEDITECH: Established US/UK EPR vendor with Expanse platform including patient flow, virtual care and AI decision support modules; competing increasingly for the same mid-sized NHS and ANZ hospital contracts.

Emerging players

• Better (Better Health): UK/EU-based health data platform vendor providing FHIR-native integrated care records and digital front-door solutions; comparable in technology approach but with narrower acute-care footprint than Alcidion.
• Health Recovery Solutions (HRS): US remote patient monitoring vendor providing device-agnostic RPM and care orchestration for chronic and post-acute populations; overlapping with Miya Care/Miya Virtual Care in use case but with US rather than ANZ/UK focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/alcidion
• Facebookfacebook.com/alcidion
• LinkedInlinkedin.com/company/alcidion-corporation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alcidion Corporation