By Michael Millar
Date: Wednesday 30 May 2012
LONDON (ShareCast) - Outsourcing firm Capita has splashed out 20 million pounds on technology firm Clinical Solutions Holdings.
Capita said the acquisition added further expertise to its existing services for the NHS, which include everything from support services for health providers to finance and accounting.
Clinical Solutions made an operating profit for its financial year to 31 December 2011 of £6.5m on turnover of £24.2m.
Its technology includes software that reduces the cost of emergency care by directing non-urgent patients to local health support.
"This acquisition strengthens our ability to assist health services in driving down costs while providing quality patient care,' said Paul Pindar, Chief Executive of Capita.
"It also gives us a data centre that already delivers a high volume and high availability service to the NHS."
In April Capita raised £274m through 40m new ordinary shares so it could make further bolt-on acquisitions and pay down debt.
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