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Ascribe buys WCI Healthcare
Health IT group Ascribe Plc has acquired the heathcare division of WCI Consulting for £650,000, with a deferred payment of £300,000 expected in the next 12 months dependent on the company’s performance.
WCI healthcare, which provides consultancy and implementation resource to the NHS, posted pre-tax profits of £263,000 on revenues of £3.5 million for the year ended 31 December 2007.
Commenting on the deal, Stephen Critchlow, executive chairman of Ascribe, said: “We are delighted that WCI Healthcare has become part of the Ascribe group. We will now be able to offer consultancy and integration services to our customers.”
Ascribe develops and markets software that supports patient clinical and business processes to primary and secondary healthcare providers in the UK and overseas.
The acquisition brings Ascribe’s staff numbers to over 265 through its operating companies in the UK, Kenya, Australia and New Zealand.
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