O'Connors advises Assista Consulting on its sale to LOGEX Group

O'Connors has advised the shareholders of Assista Consulting on its sale to LOGEX Group.

LOGEX is a European leader in healthcare analytics and Assista is a leading patient level costing software provider in the UK. The deal will strengthen the strategic position of LOGEX, especially in the UK healthcare market. With Assista as part of the LOGEX, the company will now service 69 UK NHS Trusts and nearly double its UK costing and data analytics team to 21 members.

“Today’s challenges on cost control within healthcare worldwide and in the NHS specifically are unprecedented. We need to solve the complex healthcare challenge of managing costs whilst retaining access to healthcare for the entire population. Costing information will play an essential role in identifying variations in productivity, cost efficiency and treatment decisions. Together with Assista, we today already service 69 NHS Trusts in the UK. We support our clients to turn costing data into actionable insights with strong benchmarks that allow for greater efficiency of healthcare,” said Philipp Jan Flach, CEO of LOGEX.

James Wilson, Managing Director at Assista, said: “Healthcare and especially the NHS is a highly complex sector, in which I think you can only be successful with in-depth expertise and a clear focus. In LOGEX we have found a knowledgeable partner with extensive development resources and the same focus and dedication. By joining forces, we will be able to offer our clients the next generation of costing technology, including an extremely useful activity-based budgeting model, on top of the high-quality products and support our clients are used to. This allows us to make a real difference for finance professionals, management and clinicians, allowing them to do their important work in the best possible way and improve patient care in the UK whilst improving cost efficiency."