Emis Group Plc (LON:EMISG) has confirmed that the current GPSoC contract has been extended until 31 December 2019. Its GP business in England can therefore continue to supply software on the same basis until the new IT Futures framework is announced. This supports our forecasts for FY18 and FY19.
In England, GPs receive funding for clinical software if they choose software from the GP Systems of Choice (GPSoC) framework; EMIS is one of the suppliers on this framework and generates c 40% of revenues from English GP practices. The current agreement was originally due to end on 27 March 2018, but had already been extended until 31 December 2018. Today’s announcement confirms that the contract has been extended further, until 31 December 2019. NHS Digital is currently planning the next framework, called IT Futures, and this extension provides more time for the requirements of the new framework to be shaped; NHS Digital expects to announce the new requirements by summer 2019. During the extended GPSoC period, the price at which EMIS sells its software will be unchanged.
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