US corporation Optum to acquire EMIS

Optum, a subsidiary of the US corporation United Health, is to acquire Leeds-based EMIS Group, one of the UK’s largest handlers of NHS data. The deal values EMIS at approximately £1.24 million; the deal was unanimously approved by the EMIS board of directors.

The deal will be transacted via a UK-based company, Bordeaux UK Holdings II Ltd, set up by Optum, which has offered EMIS 1.925 pence per share.

EMIS supplies electronic patient record (EPR) systems and software across the NHS, but its major business is in GP practices and community pharmacy. EMIS notes that it was one of the first to develop GP record systems that permit patients access to their record and technology that allows GPs to tailor the parts of the record that patients can see. The company shares the GP practice market with TPP and its SystmOne software. 

The company’s technology, ProScript and ProScript Connect, are widely used in community pharmacies. Both systems enable pharmacies to manage the dispensing process and handle tasks such as labelling and endorsing, patient records, ordering and stock control.

Full story in The Lowdown, 27 June 2022

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