Press release - 17.11.2020
PatientSky Group AS (“PatientSky”) is pleased to announce the pricing of its NOK 225 million senior secured bonds maturing in 2024. The inaugural bond issue received substantial investor interest. Net proceeds from the bond issue will be used for refinancing of existing debt and general corporate purposes. Carnegie AS and DNB Markets acted as joint lead managers in connection with the bond issue. An application will be made for the bonds to be listed on Nordic ABM.
For further information please contact:
CFO John M. Edminson
Tel: +47 95 21 61 62
Press release - 16.11.2020
PatientSky Group AS (“PatientSky”) is contemplating the issuance of a 4-year senior secured NOK denominated bond. Net proceeds from the contemplated bond issue will be used for refinancing of existing debt and general corporate purposes. Carnegie AS and DNB Markets have been mandated as joint lead managers for the contemplated bond issue. The transaction is subject to market conditions.
For further information please contact:
CFO John M. Edminson
Tel: +47 95 21 61 62
Press release - 10.11.2020
Today, PatientSky announced that they will acquire Infodoc by the end of 2020. Infodoc has been an important partner to the Norwegian health care service for more than 40 years, and together with PatientSky, all the elements are in place to develop the health care service of the future.
This acquisition enables us to deliver even better, faster and cheaper health care services to both healthcare professionals and patients, says Group CEO of PatientSky, Johan Zetterstöm.
Infodoc is one of Norway's leading e-health companies in the development of cloud-based, electronic patient record systems (EPR) for GPs and specialists.-
We are proud to unite the most future oriented players in the industry and combine innovation with experience. Together we can develop and deliver even better solutions that the healthcare system of the future will depend on, says Zetterström.
Zetterström adds that the acquisition does not involve any immediate changes for Infodoc's customers and partners. All agreements will be continued, and neither customers nor partners need to do anything in particular.
We are pleased to be part of PatientSky. This gives us the possibility to use our experience and innovations to help solve the many and great challenges facing the Norwegian health care service to an even greater extent than now, says Bjarte Ottesen, CEO of Infodoc.
Better solutions and closer coordination
1.8 million Norwegians are familiar with PatientSky through the company's app, which facilitates seamless communication with GPs and other health professionals.
In recent years, PatientSky has invested heavily in the development of an innovativeplatform that enables third-party vendors to develop applications that function both within the platform's ecosystem and as stand-alone applications.
The health and care sector is characterized by fragmented procurements and solutions that are largely adapted to each individual actor's needs. PatientSky works to connect the best e-health solutions in the market so that the health care sector can offer better, cheaper and safer treatments to patients. With Infodoc on board, we look forward to working with a number of new customers and partners, says Zetterström.
The employment of Johan Zetterström as the new CEO of PatientSky Group is an expression of the company’s ambitions to expand abroad, says Jesper Melin, former CEO of PatientSky, now chairman.
Johan Zetterström has a sound background in directing quickly growing international IT-companies, including experience with the development of new markets within cloud solutions and application software. Amongst other things he has been the manager of the Nordic division of Salesforce, the world-leading cloud computing company, a department he created from scratch.
This is a fantastic opportunity to lead the market’s most innovative and ambitious company within e-health technology. I am impressed by how far the young company has come and look forward to contributing to it with my experience and together with the rest of the team take PatientSky to the next level internationally, Johan Zetterström expresses.
As a cutting-edge e-health company with an ambition of more innovation and more development in the health sector across country boundaries PatientSky is in need of a leader like Zetterström who understands both the health sector, technology and the commercial part, says Jesper Melin.
The global COVID-19 pandemic is upon us. Everyone does their upmost best in a joint fight against time to limit the infection rate currently inflicting our country. Reducing the infection rate is very important, so the capacity of the healthcare system can keep up with the need for patient care, thus limiting the crisis. The actions that have already been taken are very far-reaching. Many of our colleagues, friends, and family have already lost their job or have been laid off with major financial and social consequences not only for them but also for the entire community. Balancing these two issues; limiting the infection rate and, at the same time, limiting the social impact on society is not an easy task and must be handled with major care.
It is thereby very important that major impacting decisions are made from objective structured real-time data. There are some good examples of this globally already, but in most countries, this is not possible yet. Either because the systems do not exist or because the systems are outdated. Deprecated systems provide a large delay in delivering relevant structured data to decision-makers for relevant action at the right time.
In the healthcare sector, such as in Scandinavia, the split between primary and secondary healthcare is very clear, it is very important to use the right data to make the right decisions. In my opinion, it will be wrong to make decisions in situations where a pandemic development is happening so quickly, on data from the secondary healthcare sector, and then use the data from the primary healthcare sector in projecting consequences going forward. These data are difficult to capture and are often only available to decision-makers way too late or in poor quality, and can, therefore, have fatal consequences in situations such as the COVID-19 pandemic we’re facing.
If we are to believe this slide from China, proper actions taken on correct structured data, at the right times, is crucial to prevent and limit the extent of the pandemic.
/Jesper Melin Ganc-Petersen, Chairman PatientSky
We are pleased to announce that eMBA, MA Anne Räsänen has been appointed the CEO Finland of PatientSky. Räsänen joins PatientSky from TietoEvry (OMXHelsinki: Tieto) where she led Public and Healthcare Industry Group in Tieto Finland and, most recently, a new Public and Healthcare Advisory unit in Industry Software at TietoEvry.
Previously, Räsänen held business roles at Doctagon Ab, a healthcare services company (part of Pihlajalinna OMX Helsinki: Pihlis) in Finland, and at Sun Microsystems Inc. in the US and in Belgium (acquired by Oracle corporation NYSE: ORCL). She will become a member of PatientSky Group leadership team and will report to the Group CEO.
"Anne Räsänen brings deep understanding of fast paced healthcare business transformation fuelling growth for innovate eHealth offerings. Her vast experience both in eHealth and healthcare services business strengthens PatientSky's capability to bring value to patients, medical profession and payers alike. She has a strong leadership track record in entrepreneurial organisations seeking profitable growth. I warmly welcome Anne to PatientSky team and build the next phase of PatientSky journey with our customers!", says Jesper Melin.
"I am thrilled to join this innovative and ambitious team and contribute to PatientSky's growth journey in Finland and globally", comments Räsänen. "PatientSky's vision, values and deeply rooted devotion to open ecosystems and value creation in healthcare IT markets matches perfectly with those of mine." continues Räsänen.
Anne Räsänen starts with PatientSky Finland 1st of March 2020.
For business inquiries to Anne Räsänen:
+358 44 733 8579