Graphnet acquires patient monitoring specialist Docobo
Integrated care record software provider Graphnet Health has bought remote patient monitoring specialist Docobo.
Graphnet Health is the UK’s foremost supplier of shared care record software, population health and clinical solutions to the NHS. It has been around for 26 years and is part of the of the System C & Graphnet Care Alliance, a strategic partnership working to provide integrated solutions across health and social care.
Founded in 2001, Docobo will remain a distinct company within the System C & Graphnet Care Alliance group of companies. It currently employs more than 50 people. The Care Alliance as a whole employs over 1,000 people.
Following the acquisition, Docobo’s digital remote patient management system [email protected] will enable NHS to provide better care at home.
The system comprises a web-based clinician’s portal, which allows patients to send information using their computer, or an app. It can service conditions, including respiratory, cardiac, diabetes, motor neurone disease, cancer symptom management and post treatment monitoring.
In addition, [email protected] links wearable devices, configures patient assessment questionnaires, switches on alerting functions, and organises text and video messaging between clinicians and patients.
Commenting on the deal, a Graphnet/Docobo spokeswoman told HealthInvestor UK: “From Graphnet and the wider System C & Graphnet Care Alliance’s perspective, the Docobo purchase was a natural step forward. While there is some pre-existing care at home capability within the Alliance, the integration of Docobo has fast-tracked that side of the business.
“Docobo is the fifth puzzle piece for the Care Alliance’s comprehensive offering. It complements System C’s electronic patient record, Graphnet’s shared care record, Liquidlogic’s social care platform and the CareFlow Medicines Management software. Together, the businesses have a strong proposition for integrated care systems, which are set to play an increasingly important role in the UK health and care market.
“Remote patient monitoring is becoming an increasingly important healthcare tool in the UK. Use and uptake over the years has been steady, but experienced huge growth during the pandemic due to the NHS’s focus on keeping people in their own homes and out of hospital as much as possible, along with the need to reduce waiting lists, and ease the incredible pressure on staff.”
As for Docobo’s staff, the spokewoman said: “There have been no changes to the structure of Docobo, other than the fact that the business is now owned by Graphnet Health. Adrian Flowerday will continue as CEO of Docobo.”
She turned down any prospect of future M&A announcements: “The plan for the immediate future is to focus on integrating Docobo’s patient monitoring and remote care platform [email protected] with Graphnet’s shared care records and CareCentric population health tool platform. This will enable Graphnet to prepare lists of candidate patients suitable for being cared for at home. Docobo will then help manage the care of those individuals. On top of that, data will flow back through the population health platform, providing another rich source of information for UK regions, and giving an even more comprehensive understanding of their citizens, their needs, and any gaps in the services that they’re providing.”
The companies declined to disclose any financial information about the deal.
Date published: November 30, 2021