Alcidion Group Ltd (ASX:ALC)

Alcidion Group Ltd (ASX: ALC) is a Melbourne-based company that has developed software that is used in hospital patient monitoring systems. Gone are the days of the doctor writing notes on a piece of paper that sit at the foot of a patient’s bed. Alcidion has designed its flagship Miya Precision platform, which essentially integrates electronic patient information from all current systems and uses it to automate routine tasks, care plans and improve the decision-making process. The platform has been designed to streamline the patient journey and make the overall process safer through better-informed decisions.