Beamtree

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Beamtree (formerly Pacific Knowledge Systems) is a health data analytics company based in Sydney, Australia. [1] Tim Kelsey was appointed chief executive in December 2020. [2] Mark Britnell was appointed chair of the Beamtree Global Impact Committee in August 2021. [3]

The company recorded a 20% year-on-year growth, and 15% increase in annual recurring revenue in August 2021. [4]

An international division was launched in the UK in 2021. The company acquired Ainsoff Pty Ltd, a clinician-led healthcare analytics company and Potential(x), an Australian firm that provides comparative analytics in 2021. [5] Ainsoff's founders Dr Levi Bassin and Dr David Bell will join the company. It has a partnership with the University of Sydney. [6] The company funds an Associate Professor of Clinical Informatics and Data Science at the University of Sydney. [7]

It formed a partnership with the Central Adelaide Local Health Network to implement the RISQ data quality product across the network of four hospitals. Likewise, it will also support clinical decision-making for pathology services and integrate the Ainsoff Index, which is used to detect deterioration in its early stage, into the electronic medical record. [8]

In March 2022, it set up contracts with four NHS hospital trusts in England to use its RippleDown decision support technology. The combined annual revenue is about £300,000. [9] It also has a five-year contract with Ampath for the RippleDown software which automates up to 90% of clinical interpretations. [10]

In October 2022, it entered into a partnership to roll out its AI data and decision support products in 450 public and private hospitals in the Kingdom of Saudi Arabia. [11]

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References

  1. "Pacific Knowledge Systems". www.pks.com.au. Archived from the original on 2021-08-17. Retrieved 2021-12-20.
  2. "PKS appoints internationally regarded digital health expert"". Medianet. Archived from the original on 2021-10-04.
  3. "Grim figures reveal the scale of healthcare decline worldwide". Telegraph. 26 July 2022. Retrieved 9 November 2022.
  4. "Candidate for NHS CEO job joins ex-NHS director's company". Health Service Journal. 27 August 2021. Archived from the original on 27 August 2021. Retrieved 4 October 2021.
  5. "Beamtree launches into UK". Digital Health. 10 September 2021. Retrieved 4 October 2021.
  6. "Beamtree acquires healthcare analytics firm Ainsoff, announces appointment of Dr Mark Britnell as committee chair". Mobihealth news. 27 August 2021. Retrieved 4 October 2021.
  7. "Beamtree Associate Professor of Clinical Informatics and Data Science". Times Higher Education. 8 November 2022. Retrieved 9 November 2022.
  8. "Beamtree (ASX:BMT) partners with CALHN for safer patient care". The Market Herald. 30 September 2021. Archived from the original on 4 October 2021. Retrieved 4 October 2021.
  9. "NHS to work with Australian healthcare tech firm Beamtree". Healthcare IT News. 23 March 2022. Retrieved 9 November 2022.
  10. "Beamtree (ASX:BMT) signs A$10.1m RippleDown contract with Ampath". Market Herald. 10 May 2022. Retrieved 9 November 2022.
  11. "Beamtree signs partnership to deploy AI data, decision support solutions in Saudi's public hospitals". Healthcare IT News. 12 October 2022. Retrieved 9 November 2022.