Alcidion Corporation
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.
- Company typePublic
- Founded2000
- HeadquartersSouth Yarra, Australia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
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.
Alcidion Corporation firmographics
Firmographics- 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
Alcidion Corporation industry classification
Industry- 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
Where Alcidion Corporation is headquartered
LocationHeadquarters
- HQ city
- South Yarra
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Alcidion Corporation business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- 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.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise EPR contracts |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Alcidion Corporation product offering
Product offeringCore 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
Companies that use Alcidion Corporation
Customer profileNamed customers21 records
Segments5 records
Ideal customer profiles2 records
Alcidion Corporation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature8 records
Alcidion Corporation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Telstra HealthcoreAlcidion 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
Alcidion Corporation competitors and assessment
Company assessmentDirect 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
Alcidion Corporation social profiles
Digital presenceAlcidion Corporation compliance and trust
Trust signalCompliance2 records
Alcidion Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alcidion Corporation leadership team
Management profileNumber of profiles
Profiles6 records
Alcidion Corporation subsidiaries and ownership
Company hierarchySubsidiaries4 records
Alcidion Corporation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alcidion Corporation M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alcidion Corporation
What does Alcidion Corporation do?
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.
Is Alcidion Corporation a public or private company?
Alcidion Corporation is a public company. It is classified as public and is currently operating.
When was Alcidion Corporation founded?
Alcidion Corporation was founded in 2000. It employs 101 to 250 people.
Where is Alcidion Corporation based?
Alcidion Corporation is headquartered in South Yarra, Australia, in the Oceania region.
How does Alcidion Corporation make money?
Three revenue lines are on record. Software Licensing and Subscriptions are the primary driver. The others are acquisition Revenue and implementation and Professional Services.
Who are Alcidion Corporation's main competitors?
Direct peers on record are InterSystems, Orion Health, Dedalus, System C Healthcare and Nervecentre Software. Broad incumbents are Epic Systems, Oracle Health (Cerner) and MEDITECH. Emerging players are Better (Better Health) and Health Recovery Solutions (HRS).
Does Alcidion Corporation have an API?
No public API is recorded for Alcidion Corporation.
What industry is Alcidion Corporation in?
Alcidion Corporation's product category is Healthcare Informatics Software. Its primary akta.pro industry code is HLALAKAD, EHR/EMR Integration & Interoperability Middleware (HL7/FHIR), with a secondary code of HLACAFAO, Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways). Its NAICS code is 5132 and its SIC code is 7372.