Induction Healthcare Group PLC

(“Induction”, the “Company”, or the “Group”)

Multiple new hospital contracts for Induction Zesty

Additional pipeline of hospital trusts in South East England look to deploy Induction digital solutions for patients

Induction (AIM: INHC), a leading virtual care platform driving digital transformation of healthcare systems worldwide, announces that it has signed contracts with three prominent hospitals across South East England to deploy Induction Zesty to deliver their digital patient portals. The contracts are worth a total of £440,000 covering time periods that range between 12 to 20 months.

James Balmain, Induction Joint CEO, said:

“This achievement is a result of true collaboration with our multiple NHS partners, and its success will be a real watershed moment in terms of how Induction can facilitate consistent, easy and valuable engagements between patients and regional healthcare systems. These new contract awards reinforce the strong momentum in sales and annual recurring revenue run-rate already announced in the second half of the financial year to 31 March 2021.”

About Induction Zesty

Induction Zesty is a digital front door for hospitals, with an intuitive interface that empowers patients to take control of their appointments, correspondence and clinical records from the convenience of their smartphone.

In March 2020, registered users of Induction Zesty had more than doubled from 32,000 to 76,000 in one year. In the subsequent 12 months, Induction Zesty saw exponential growth to reach over 220,000 users today. With more than 700 new patient registrations daily, this number will continue its climb unabated; the user base increases as new hospitals use the platform and hospital activity is returning to pre-pandemic levels.

Induction Zesty is employed by several NHS Trusts across the UK, including The Royal Free London NHS Foundation Trust, a Global Digital Exemplar, and Milton Keynes University Hospital NHS Trust, with whom Induction has been working for three years. Data from Milton Keynes show that 97% of patients report that Induction Zesty provides easy registration, and 85% say they prefer having online control over their appointments.

For more information on Induction Zesty visit: https://inductionhealthcare.com/zesty

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ENQUIRIES

About Induction –  https://inductionhealthcare.com

Induction (AIM: INHC) is a leading virtual care platform driving digital transformation of healthcare systems worldwide. Induction solutions enhance the investments hospitals have made and lay the foundation for their future. Our products can enable information share between busy doctors, alleviate operational burdens on hospitals or put patients in better control of their care, all while ensuring the highest standards of clinical safety and information security. We unchain staff and patients from the limitations of paper-based and desktop systems, creating massive time and cost efficiencies.

More than 225,000 hospital doctors across multiple territories, including the UK, Ireland, Australia and South Africa, as well as a rapidly growing number of more than 220,000 UK patients, choose Induction solutions.

Induction Switch is the number one healthcare collaboration app in the UK, used by the majority of hospital doctors within the NHS. The app helps to increase productivity and enhance communication by securely sharing phone numbers and bleeps, bookmarks, documents and messages in a clinical setting.

Induction Guidance provides medical organisations, including most hospital trusts within the NHS, with the ability to collaboratively create, edit, and publish their own local medical guidelines in a secure and locally administrated environment. This increases knowledge of, and adherence to, guidance.

Induction Zesty is a market-leading digital platform for patients visiting hospitals. The platform allows patients to book and access their appointments, read their clinical letters, store a copy of their clinical record and provide data to their care teams remotely. It is not just a compelling patient experience, but also delivers significant cost benefits to hospitals.

Induction HealthStream is a proprietary data integration platform that reads and writes patient demographic, appointment and clinical record data between a growing number of hospital EHR systems and the Induction platforms. This connectivity between stakeholders and legacy IT systems adds substantial value to pre-existing health IT investment and allows large-scale adoption of Induction app-based services.