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Hardware & electrical equipment

Feedback continues shift away from low-margin contracts

The specialist clinical communication company will continue to support the migration of underlying data to the incoming provider, under contract until January 2023

Feedback PLC (AIM:FDBK) said it is no longer providing PACS (picture archiving and communication system) services for Royal Papworth Hospital NHS Foundation Trust as part of its strategy to move the company's operating model away from low margin legacy contracts.

The specialist clinical communication company said it maintained the PACS service to support the Trust during a transitional phase while a replacement provider was identified.

Feedback will continue to support the migration of underlying PACS data to the incoming provider, under contract until January 2023, it added.

The potential role of Feedback's Bleepa mobile-based medical imaging product at the site "remains open" as the Trust embeds with the new provider, it said.

"Moving away from supplying PACS services will enable the company to focus more resources at the growing opportunity for Bleepa, both domestically and internationally and has been a key strategic focus for the last two years," it said.

"Bleepa now contributes an increasing proportion of total revenues with growing commercialisation opportunities and routes to market matching the scalability of its product suite. This includes CareLocker and BleepaBox - which are providing increased exposure to the community diagnostic programme and tuberculosis screening programme in the UK and India respectively."

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