ScriptSwitch
| Company type | Limited Company |
|---|---|
| Founded | 2000-2009 |
| Founder | Kelvin Acford |
| Headquarters | Coventry, West Midlands, United Kingdom |
Area served | United Kingdom |
| Website | www.optum-uk.com |
ScriptSwitch Limited was a software company that developed and supplied a realtime decision support tool to GP surgeries in the United Kingdom. Its primary product, ScriptSwitch, was sold predominantly to NHS primary care organisations who used it to provide GPs with locally authored information and advice at the point of prescribing. It could contain patient safety messages, drug switch recommendations and other information. As of April 2010, it was in use in more than 4,400 GP practices across 116 NHS Primary Care Organisations, which covered 27 million patients[1] and was reported to have saved the NHS more than £20million per annum.[2]
History
ScriptSwitch Limited began in early 2000 as a private partnership formed by Kelvin Acford, a retail pharmacist, with some University of Warwick students to explore the initial idea of a decision support tool for General Practitioners. After a successful incubation period of prototyping and refining the concept and expansion of the original team, the partners eventually formed a limited company in 2001 that was then known as AKM Software Limited. AKM Software Limited launched its first commercial product piloted in a number of GP practices in early 2003. To raise external capital, to expand operations and sales, and to provide a more focused direction, in mid-2003, a new company, ScriptSwitch Limited, absorbed all the assets of AKM Software Limited. [3][dead link]
ScriptSwitch Limited raised its first round of investment from venture capital firm MidVen in mid-2003.
In early 2006 the company was acquired by ISIS Equity Partners.[4]
In late 2009, ScriptSwitch Limited was acquired by UnitedHealth UK, a subsidiary of US healthcare giant UnitedHealth Group for a reported £50m.[5][dead link]
Awards
ScriptSwitch Limited was awarded the Queen's Awards for Enterprise in the Innovation category in 2009.[6]
References
- ^ "ScriptSwitch Market Statistics". Retrieved 3 May 2010.
- ^ "Article on ScriptSwitch savings in NHS". Retrieved 3 May 2010.
- ^ "Article in Birmingham Post on ScriptSwitch in 2006".
- ^ "ISIS delivers just what the doctor ordered". ISIS Equity Partners. Archived from the original on 13 July 2011. Retrieved 23 October 2024.
- ^ "UnitedHealth buys ScriptSwitch for £50m".
- ^ "Queen's Awards for Enterprise Winners 2009".
External links
- [1] Optum UK - Official website.
- Software companies of the United Kingdom
- British companies established in 2003
- Software companies established in 2003
- Companies based in Coventry
- Companies based in the West Midlands (county)
- 2003 establishments in England
- 2009 mergers and acquisitions
- 2009 disestablishments in England
- Software companies disestablished in 2009
- British companies disestablished in 2009
- 2006 mergers and acquisitions