The story
Hospedia Ltd is a private limited company, established in 1993. Hospedia acquired Patientline during July 2008 after the company entered administration. Hospedia then looked to acquire Patientline's main competitor, Premier Telesolutions, which would have given Hospedia responsibility for over 80,000 bedside television units.
The proposed acquisition was referred to the Office of Fair Trading in 2008. On 30 October 2009, the Competition Commission announced that it had cancelled its inquiry into the acquisition.
In August 2010 Hospedia Ltd was acquired from Hospedia Holdings LTD by Marlin Equity Partners, Tim Weil, Hospedia's CEO, claimed:Marlin’s significant capital base and shared vision for upgrading our installed base of over 65,000 terminals with our latest generation technology will enable Hospedia to provide a better service to patients and simultaneously provide hospitals with a means to significantly improve efficiency and reduce costs.
Hospedia acquired 65,000 bed locations from the former Patientline in 2012, which secured the company a position to project itself as the only choice provider for all future Healthcare IT services. This position is unlikely to be rivalled as the installation costs of the original programme were never recovered, making a nationwide installation programme by any other company unrealistic. The Monopolies and Mergers Commission recognised the danger of the company having a majority stake of these locations and blocked the merger with Premier Telesolutions in 2008, however Hospedia came to manage some of these sites including Northampton General Hospital.
JAOtech
In 2010, JAOtech based in Redhill, Surrey, gained a contract with Hospedia, to renew bedside terminals across their entire estate in the UK. The contract was worth $3.25 million over twelve months.
In September 2011, JAOtech & Hospedia had installed 6,500 new bedside terminals across the UK, this number was far lower than the expected number that was to have renewed contracts replacing the old T1 and T2 systems. By July 2012, the number of new units installed had increased by a further 8500, with the total in excess of 15,000.
JAOtech was acquired by Barco NV in 2011.
In November 2011, Hospedia announced that it had entered another partnership to secure funding for the continuing installation of the new systems with GE Capital.
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In 2012, Hospedia bought patient flow and bed management supplier Extramed.
From Wikipedia’s article on Hospedia, shared under CC BY-SA 4.0.4