According to Optum UK, its combination with EMIS Group will help the NHS enhance patient care and experience by providing innovative and improved data and technology tools to clinicians for delivering better and more effective care
EMIS Group, a UK healthcare technology company, has accepted an all cash-offer of around £1.24bn from Optum Health Solutions (UK) [Optum UK], a fully-owned subsidiary of US-based UnitedHealth Group.
Founded in 1987, EMIS Group provides connected healthcare software and systems. Its solutions are said to be used across major UK healthcare settings, particularly in primary care, accident and emergency, community care, and community and hospital pharmacies.
The company has two core business divisions, which are EMIS Health and EMIS Enterprise.
EMIS Enterprise focuses on growth in the business-to-business technology sector within the healthcare market. This includes management of medicines, patient-facing services, partner businesses, research and life sciences, and data and analytics.
EMIS Health supplies integrated care technology to the National Health Service (NHS).
EMIS Group has been listed on the Alternative Investment Market (AIM) since 2010.
The company has reached an agreement on the terms and conditions of the offer made by Optum UK, which is a healthcare software, services, and consultancy firm.
Its acquisition will be implemented through a court-sanctioned scheme of arrangement.
As per the terms of the deal, EMIS Group’s shareholders will be paid 1.92p per share by Optum UK.
EMIS Group CEO Andy Thorburn said: “EMIS’s long standing track record of delivering effective technology solutions and strong financial and operating performance combined with UnitedHealth Group’s resources and expertise will enable us to accelerate our development.”
According to Optum UK, its combination with EMIS Group will further strengthen the latter’s capabilities as a top healthcare technology company in the UK. It will also give the latter an improved ability to deliver major benefits for patients, clinicians, as well as the NHS.
Optum UK CEO Rob Sergeant said: “Optum UK is focused on helping the NHS work better for clinicians and patients, and believes that this combination with EMIS will bring ever more advanced technology solutions and capabilities to the NHS and general practitioners to improve patient care.”
The deal, which is subject to preceding conditions, is currently expected to close by the end of this year.