Volvat Medisinske Senter AS chooses Metodika EPM

Volvat Medisinske Senter AS and Metodika AB have entered into an agreement to implement the EHR system Metodika EPM at Volvat’s hospitals and clinics in Norway. The annual revenue from the contract is estimated to 7-9 MNOK, where the majority is recurring revenue (“ARR”)

Volvat Medisinske Senter AS (“Volvat”) is one of the largest private healthcare providers in Norway with 27 centres across the country. Prior to landing the agreement with Metodika AB, Volvat performed an extensive procurement process intending to find the most suitable electronic health record (EHR/EMR) for their complex business needs. The procurement process concluded in a decision to implement Metodika EPM across Volvat’s business. In total 5 different EHR systems currently used by Volvat will be replaced by Metodika EPM.

The yearly value of the contract after the implementation process is estimated to 7-9 MNOK where the majority is ARR. The remaining expected revenue is related to implementation, adaptations and consultancy work. The work on implementation will start immediately and it is expected that the first centres will start using Metodika EPM by the second half of 2024. The ARR will be generated once the system is in production, until then implementation work is expected to have a slight negative effect on Metodika’s margins.

Carasent CEO Daniel Öhman comments:

– The agreement with Volvat strengthens Metodika’s position as a leading supplier to private hospitals and clinics in the Nordics. Metodika offers a breadth of functionality in the system that is unmatched in the market. Carasent sees good potential to continue to expand Metodika’s presence within this segment.

Volvat CEO Per Helge Fagermoen comments:

– We are pleased to sign an agreement with Metodika after a long and thorough procurement process. The agreement aims to achieve the “one Volvat” strategy, where we look at implementing our vision and strategy across the group. We look forward to working with Metodika in this process.

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