Twenty new high-tech programming and support positions will result from the launch today of Helix Health which becomes Ireland's largest indigenous healthcare informatics company.
The company was formed by the merger of two of the country's foremost healthcare companies Medicom and Systems Solutions.
Helix Health currently employs approximately 100 people and generates annual revenues of €10 million. The company plans to invest €750,000 a year in research and development.
It has over 10,000 users of its portfolio of software applications installed on a transnational basis and the company manages almost 60 per cent of the computerised primary care centres and 70 per cent of community pharmacies in the country.
The company also has a 12.5 per cent share of the community pharmacy market in the UK, with 1,400 pharmacy installations countrywide.
Speaking at the launch of the new company Howard Beggs, Helix Health chief executive said: "We look forward to electronically connecting all primary healthcare providers together, improving quality and accessibility of healthcare services for both primary healthcare providers and patients alike."
The company was launched today by Minister of State Tom Kitt who said the company had "the opportunity to build on a shared vision of creating a fully integrated, seamlessly joined-up primary healthcare sector."
AP