Troubled NHS software provider iSoft is up for sale as it struggles to deliver a working records system to the NHS.
The company confirmed it was up for sale yesterday, saying there may be an outright purchase of the firm or the possibility of a “strategic alliance”.
A number of interested parties are said to be in discussions with iSoft about its future, as the firm copes with plunging revenues, partly in relation to the delayed NHS roll-out of the Lorenzo records system.
ISoft was working with Accenture to supply Lorenzo as part of Accenture’s lead contractor status on upgrading the NHS’ IT systems, but Accenture recently walked out of its contract after losing money on the deal through delays and other problems.
Lorenzo is now being developed in partnership with CSC, which replaced Accenture. There are still doubts though over Lorenzo’s future as part of the NHS national upgrade.
ISoft’s dealings are currently being investigated by the Financial Services Authority.